How long can I run a stealth PayPal without adding a bank account?

[MidgeFragnet]

Say I don't want to supply a bank account to the account, because that would ultimately expose my real name and address should things go belly up. Thus I want to receive funds but never withdraw from PayPal in the conventional manner. The alternatives are therefore for me to send PayPal funds to a friend/associate who can then give me cash/goods or else to spend online. But then spending online usually means a delivery address and again I'm traceable. Or can I buy virtual goods that I can 'safely' turn back into cash again? any sage advice on this gratefully received!

I of course know that this account will not survive long-term without PP asking for a bank account to be added (whereupon I will just close the account), so how much in funds could I expect to process before 'crunch time' on average?
Thanks,
M

[JamesNorth101]

Your name and address do not get shared with PayPal so that really isn't an issue

[rsot]

As James stated, adding bank is good bet. Your other methods can lead to issues later on.

How much in funds could you expect to process? Too many variables - a lot depends on how you operate (which we can see is not ideal), what you sell, how you provide customer service, what PP's algorithms have on your account...so, in essence, only PP knows.

[MidgeFragnet]

Originally Posted by JamesNorth101

Your name and address do not get shared with PayPal so that really isn't an issue

Thanks, James. It's the fact that ultimately the PayPal account leads back to me via the attached bank account that irks me.

[MidgeFragnet]

Originally Posted by rsot

As James stated, adding bank is good bet. Your other methods can lead to issues later on.

How much in funds could you expect to process? Too many variables - a lot depends on how you operate (which we can see is not ideal), what you sell, how you provide customer service, what PP's algorithms have on your account...so, in essence, only PP knows.

For each account I'd be hoping to take £200-300. I hasten to add that everybody who orders from me gets exactly what they wanted. I'm not looking to 'rip off and run', simply to leave no trail.

[MM78]

Originally Posted by MidgeFragnet

Thanks, James. It's the fact that ultimately the PayPal account leads back to me via the attached bank account that irks me.

What kind of scam you plan on running? seriously, if you aren't selling f@kes or anything illegal, adding a bank account isn't a big deal.

[rsot]

Originally Posted by MM78

What kind of scam you plan on running? seriously, if you aren't selling f@kes or anything illegal, adding a bank account isn't a big deal.

Maybe trying to avoid taxes? I agree with MM78 - sounds murky

[JamesNorth101]

Originally Posted by MidgeFragnet

Thanks, James. It's the fact that ultimately the PayPal account leads back to me via the attached bank account that irks me.

Sounds legit....

Stealth accounts are not meant to be anonymous.

Simply put - If your doing something that can get you into a lot of trouble then don’t do it

[MidgeFragnet]

It's not murky but I'm of the nervous disposition and I prefer to keep my head down and my name out of things. Is that so unusual in this company, why does anyone straight need a stealth account anyhow?

[JamesNorth101]

PayPal simply will not get your name from the bank so adding your bank account to PayPal really is fine

People use stealth accounts for a few reasons. I use mine so that I can sell the same item on 5/6 different user accounts. Advertise one as premium, one as standard and one as a cheap version of the same item. Its all about having different accounts to market the same item different ways

It also helps overcome the low selling limits that eBay impose on accounts at first

[Popo90]

I have big issue with PayPal as they permanently limited account. Because of the business on eBay I need to find way how to run a stealth account. I have tried to do that and it was all good until I verified account on eBay. After that immediately getting message that it's limited. Guys how to do it with verifying PayPal account on ebay, without it I can not increase the selling limits on ebay.

[rsot]

Originally Posted by Popo90

I have big issue with PayPal as they permanently limited account. Because of the business on eBay I need to find way how to run a stealth account. I have tried to do that and it was all good until I verified account on eBay. After that immediately getting message that it's limited. Guys how to do it with verifying PayPal account on ebay, without it I can not increase the selling limits on ebay.

Welcome to the forum - all the best as you master stealth

Do you not have access to a bank account to verify PP?

[Popo90]

Originally Posted by rsot

Welcome to the forum - all the best as you master stealth

Do you not have access to a bank account to verify PP?

Yes I have access, how it will change entire game? How to verify account and not have been caught?

[JHerald]

Originally Posted by rsot

Maybe trying to avoid taxes? I agree with MM78 - sounds murky

If you use a false name and address on PayPal then having your bank account attached does not expose you to tax detection, there are much stricter tax controls on the American site than the UK.

HMRC's Connect system analyses billions of elements of data, including those from financial institutions like banks, so there is no assumption here that the concern of the OP is over tax affairs, as wherever funds are sourced and deposited from into a bank account, the credit transactions themselves are never censored from the taxman and would need to be explained if caught out as undeclared outside his personal allowance.

[JHerald]

Originally Posted by MidgeFragnet

It's not murky but I'm of the nervous disposition and I prefer to keep my head down and my name out of things. Is that so unusual in this company, why does anyone straight need a stealth account anyhow?

Some people like to get on their high horse here, but ignore them. The reason they are here in the first place is because they did not play by the rules; eBay and PayPal do not cut ties over nothing. Either that or they simply like to play dirty on the site to make money without having any ties back to their active personal account.

If you are doing anything illegal, then understand the consequences of whatever it is you are doing and that when it boils down to it, no one is truly anonymous. If someone used stealth to commit financial crime such as fraud and linked their bank with a false name to withdraw, PayPal hold bank details for 6 years and can pass these to law enforcement, even if removed from the account and the account subsequently closed. I am not suggesting you are, but a little subconscious note in case it is something that can attract police attention to PayPal over you.

Now in terms of the spit roast approach to getting hold of your takings, I would not recommend sending money from one PayPal account to another. This was a rookie mistake I learnt from in the early days. Both my sending and receiving account (and in your scenario you and the associate) were limited on the grounds of suspicious activity.

You would get away with a one-off transaction, provided it was a reasonable amount to not get held for review (though can sometimes happen at any amount), but repeated transactions back and fourth is a tactic already picked up by them.

Purchasing virtual goods to "cash in" as it were is another backwards approach. You are selling items to make money and then buying items to make money, so are back to square one. Even with vouchers that can be used in stores or whatever, you still can't use it like real cash unless you manage to sell them, in which case unless you sold them in person, you would need to use a payment processor and again back to square one. Unless you wanted vouchers for Uber or something, as an on-the-side cost saver, in which case go for it.

[Popo90]

Is there anyone who can help with my enquiry? Some knowledgeable mate?

[hell0hell0]

Without bank account paypal lives about a week after geting the first money