BofA closed my account - am I screwed?

brandnewboss · #23 01-08-2016

Quote:

Originally Posted by phaz0rz

Are you sure? These are all very active paypal's which I can't afford to lose. I was actually just reading your thread about having this same problem when trying to send money, but I didn't think I would get the same results trying to add a bank.

The same thing can happen when trying to add bank, make a purchase or send money, I use to run 100 accounts just by clearing cookies and changing ip so I've gone through this a lot of times.

phaz0rz · #24 01-08-2016

So instant verification is not a viable option, and my best course of action would be to just keep attempting to add the account via micro-deposits?

brandnewboss · #25 01-08-2016

You can try the instant to but you'll most likely get the same message, I just keep trying every 2-3 days and it eventually goes through. That's just how it's always worked for me on dozens of accounts.

phaz0rz · #26 01-08-2016

Alright man I appreciate your input. I will go try instant verification but I'm not getting my hopes up. Hopefully it doesn't take too long to add a bank, and hopefully I don't mess up the paypal accounts. I still have money coming in but as of now I can't withdraw.

I transferred money from one of the paypals to one of the BoA accounts this morning before I realized BoA had closed my accounts. I'm a little worried about what is going to happen when the Paypal transfer fails also..

phaz0rz · #27 01-08-2016

Instant verification failed as expected. Got the same error message.

So I guess I will keep trying, and hope for the best.

xxrange · #28 01-08-2016

Try micro deposit, or you can wait it out.

But it looks like that you are moving money way to fast, you should really think about getting a credit union bank. When moving money of your volume you need more than one banking institution. The smaller the better

GreenBean · #29 01-08-2016

Quote:

Originally Posted by yankee

What are you doing all the time?

I have never been allowed to change a name on a paypal account unless upgrading to business.

I think he might be saying from the start of the stealth paypal to use a business name.

Otherwise

brandnewboss · #30 01-08-2016

Quote:

Originally Posted by GreenBean

I think he might be saying from the start of the stealth paypal to use a business name.

Otherwise

No, I actually change it later in the shipping info section, as stated above..

GreenBean · #31 01-08-2016

Quote:

Originally Posted by brandnewboss

No, I actually change it later in the shipping info section, as stated above..

We cross posted.

So

stands.

phaz0rz · #32 01-08-2016

Quote:

Originally Posted by xxrange

Try micro deposit, or you can wait it out.

But it looks like that you are moving money way to fast, you should really think about getting a credit union bank. When moving money of your volume you need more than one banking institution. The smaller the better

Tried micro deposit method before trying instant verification, both failed. My only option now is to keep trying until it attaches.

I do agree that I need accounts with more banks. I've always planned to spread my deposits to more banks but until s*** hit the fan the need wasn't urgent, so opening new bank accounts was always put on the bank burner. I thought my bank accounts would be the last thing I needed to worry about, until today.

You suck BoA risk management, you really suck.

GreenBean · #33 01-08-2016

Quote:

Originally Posted by phaz0rz

You suck BoA risk management, you really suck.

Suxes worse you never bothered to upgrade from personal to business accounts.

That was the issue to the bank...

phaz0rz · #34 01-08-2016

Never saw the need. Everything was working fine until it wasn't. When I opened my account there I had not yet incorporated so a business account wasn't an option at the time. By the time I had incorporated I had regular deposits coming in from 3 stealth's and everything was great, so I left it alone. I had considered upgrading my BoA to a business account but I thought that would result in new account numbers, which I did not want.

Anyway what's done is done. I don't blame them for closing the account. I would have done the same if I were them. I'm just trying to work out where to go from here.

GreenBean · #35 01-08-2016

Aye, let's hope the new bank accounts attach sooner rather than later.

phaz0rz · #36 01-08-2016

I certainly agree with you on that one!

GreenBean · #37 01-08-2016

Quote:

Originally Posted by phaz0rz

I certainly agree with you on that one!

Dear Dog! Just had a thought....

Make sure you do not remove thoseBoA bank accounts at this point.

Leave them there until the new ones are added.

Be diligent when you do transfers etc.

Shall be following to see all is OK too.

phaz0rz · #38 01-08-2016

Thank you for your input GB. I was beginning to think you didn't like me :D

I haven't removed any of the bank accounts. I would rather have a paypal with a burned bank account than with no bank account, lol. What worries me is the transfer I sent this morning before I realized my BoA account was terminated. I know it would be transferred back to p/p once the bank declines, I just hope that isn't a red flag for p/p.

I will report back when/if I get results.

phaz0rz · #39 01-09-2016

I'm just bumping this to the top in case anyone new has something to say about my situation.

As of this morning, one paypal has a little over $1k and the other two have right around $800. And of course, I have no way of withdrawing. Tried instant verification again this morning to no avail. Still "device not recognized."

GreenBean · #40 01-09-2016

Did you also try a new browser?

I had success doing clear cache, cookies,history ans using a new browser for one of these. That was in late October 2015, though.

I am holding off on other suggestions at this point.

yankee · #41 01-09-2016

Cazillions of threads about this. The answer is 3-7 days.

phaz0rz · #42 01-09-2016

GB - I haven't tried using a different browser yet, but I suppose it wouldn't hurt anything to try. Up to this point I have only tried to add the bank using the Firefox which I've been using to manage this account since it's birth. I'll go get a fresh copy of Opera and see if anything changes.

yankee - Thanks for the reassurance. As my paypal balances are growing I'm becoming increasingly frantic about not being able to withdraw. Just to be clear, you are suggesting attempting to add the bank account every day, and it will eventually go through?

jakobrockz · #43 01-09-2016

I would never delete those BOA banks you have attached to those paypal accounts. No need too... and if you did delete them from your paypal accounts it may trip something you never know with them!

jojo2012 · #44 01-09-2016

Quote:

Originally Posted by phaz0rz

I'm just bumping this to the top in case anyone new has something to say about my situation.

As of this morning, one paypal has a little over $1k and the other two have right around $800. And of course, I have no way of withdrawing. Tried instant verification again this morning to no avail. Still "device not recognized."

I had the same problem, I opened a new user account on my computer logged in to PayPal. Waited a couple days and then I was able to add the bank.