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Old 01-26-2022
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Default eBay starting to ban virtual banks?

This was the post and what the eBay customer service said and here’s the link eBay official community forums https://community.ebay.com/t5/Paymen...2617192/page/6

This is what "they" want me to do-apparently there are a LOT of stories so they don't have to pay you. I asked for a list of "approved" banks- silence. I asked them to send me a check- silence.

eBay

"To resolve the issue, it would require updating your bank account to a different one. I understand this is not the most convenient option, but it would resolve the holds and funds could be released right away after the new account added passes verification.

As we grow our Payments program we identify new risk factors that will change the relationship we have with a bank. We truly don't want to cause an inconvenience, but we have an obligation to continue to keep eBay a safe and secure marketplace above all else. This doesn't mean their bank is insecure, or that there is anything wrong with it, just that eBay and the bank don't necessarily "see eye-to-eye"."

The bank he had was Varo. Varo isn’t a bank with a branch it’s all virtual. Could this mean the end of virtual banks with eBay? I have all virtual banks as my payment method for my stealth accounts.

Last edited by Roy3805; 01-26-2022 at 09:05 AM.
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Old 01-26-2022
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Default Re: eBay starting to ban virtual banks?

go to a brick and motor bank and open an account with them
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Default Re: eBay starting to ban virtual banks?

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Originally Posted by agent006140 View Post
go to a brick and motor bank and open an account with them
Could you be more detailed, e.g. xx bank?
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Old 01-26-2022
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Default Re: eBay starting to ban virtual banks?

Quote:
Originally Posted by okzune View Post
Could you be more detailed, e.g. xx bank?
He means a bank that you can physically go to. A bank like Varo has no branch it’s all virtual (online)
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