Are their any alternatives to a bank account

[freddyg]

Was wondering if there are any reliable alternatives to with drawing funds from a Paypal account besides a real bank account?

[MM78]

Reliable? No......Bank is still the best and safest.

[dealagreeproceed]

most popular question

[hodgesdavid684]

A lot of options. But prepare to suffer up to 40% lost in process. For example if you concern about anonymity, you can take bitcoin route. You can go to localbitcoin and find a guy who would exchange your paypal balance for bitcoin. But don't be surprised about their exchange rate. The one that would never ask for your ID's will most likely give you above $400 USD/btc exchange rate. Now that's ridiculous because the best rate you can get when you need to cashout that anonymous currencies is around $2xx USD/btc. Imagine your lost.

So, bank account is just one of the tons of methods to cashout paypal, but it is the only one that preserve your balance value.

Now that's solely depending on your purpose. If you're a russian guy trying to launder a shady paypal balance anonymously, sure 40% isn't a problem for you. But if you're a regular stealth user selling your things on ebay like me and most members here, I'm pretty sure 10% ebay FVF plus 2.9%+30/100 paypal fee already knock you off down the road.

[joesshooze]

Here we go again. Doesn't anybody have search button option?

[freddyg]

Not sure what the problem is with this question? Yes I know it has been brought up before but sometimes there can be input from others that hasn't been posted. So please don't answer it if you don't like it.

[MM78]

The problem with this question is that people want to find some magical method that has zero risk....not going to happen. Any other route besides Bank Account will have risk to your PayPal and your money. The second problem is that when people test these magical methods and their PayPal Accounts get Limited they end up here crying and using the following titles, "URGET, PAYPAL LIMITED", "NEED HELP NOW!" and many more.

So you can see that when we say to use a Bank Account....it's not bore you, it's to let you know that it's by far the safest.

[jeffweico]

Bank accounts are the safest way to go. And fortunately, here in the US, there is NO LIMIT to the number of bank accounts you can have. I recommend no more than SIX accounts per bank. You can have a personal checking, personal savings, business checking, business savings, a building account, a Christmas account, etc. It is NOT unusual for people to have a few accounts. Above six accounts, or running huge amounts of money through them is when the bank starts to ask questions, in my experience.

Never try to withdraw a huge amount in cash. One forum member tried to withdraw $16k and the fraud deparment was all over it. Automation is your friend. So are ATM's.

[rsot]

OR you can send it to MM78 or Jeffweico - they are solid Escrow ppl

[freddyg]

Not looking for a "Magical Method", just some solid answers that some here have given me.
Much appreciated

[nickh04]

There is some alternative ways. You really thinking people on here with 50 stealth accounts have 50 bank accounts too? Give me a break. There is definitely another way..but nobody will tell you.

[gamerguy]

moneygram?

[jojo2012]

Originally Posted by nickh04

There is some alternative ways. You really thinking people on here with 50 stealth accounts have 50 bank accounts too? Give me a break. There is definitely another way..but nobody will tell you.

I Used to think the same thing. I only had about 15 bank accounts for 50+ PP accounts. I started transferring between Pay pal. I did it carefully & slowly, & using some stealth tactics & I thought It was working because I did it for a couple years then... BAM!! Almost 40 eBay accounts in one weekend, & I can't help but think that had something to do with it.

Mind you I've never had & still don't have a PP limitation over insufficient funds, I pay my bills. these are eBay suspensions.

I never wanted the hassle or inconvenience of juggling all those bank accounts ON TOP OF 50 eBay accounts.

Well after nursing all those accounts, some for almost 3 years, & loosing them all AND now incurring all the expense of creating new accounts I think the trouble of opening all those (bank) accounts would have been worth it!.

[freddyg]

If you recommend no more than six bank accounts how do those that have more than six stealth accounts handle the withdrawal of funds?

[hodgesdavid684]

Originally Posted by freddyg

If you recommend no more than six bank accounts how do those that have more than six stealth accounts handle the withdrawal of funds?

6 per bank. Assuming there's 10 Banks, you can have up to 60 bank accounts.

[getmoremonline]

Originally Posted by freddyg

Was wondering if there are any reliable alternatives to with drawing funds from a Paypal account besides a real bank account?

This is simple, just get a re-loadable VBA and link it to your paypal, you can withdraw the funds and be able to use them anyway you like without having to pay most of these ridiculous fees or get someone to withdraw the funds for you at a fee and most people I know only charge you about 10 - 15 %

[Dmshark25]

Originally Posted by freddyg

If you recommend no more than six bank accounts how do those that have more than six stealth accounts handle the withdrawal of funds?

In the U.S. WE Have so many options, there's literally 5 new prepaid bank accounts that come out every month

If used properly, prepaid bank accounts or debit cards can be extremely useful,If your working with multiple accounts

It's like a free VBA to confirm your paypal, and I like them for paypal accounts where im withdrawing between $500 and $1200 a month

Running multiple accounts you can see how some accounts will just progress fast get high limits and become strong, while others do not for whatever reason

And the strong heavy limit accounts I'll add a real bank account down the line and possibly an EIN

Also accounts can be used for buying inventory , you don't need to withdraw from every account

[MM78]

Originally Posted by getmoremonline

This is simple, just get a re-loadable VBA and link it to your paypal, you can withdraw the funds and be able to use them anyway you like without having to pay most of these ridiculous fees or get someone to withdraw the funds for you at a fee and most people I know only charge you about 10 - 15 %

And pray tell what USA Reloadable VBA would you recommend.....Would love to hear which you recommend for a USA member.....

[jeffweico]

Yea, those reloadable VBA's don't work too well. ANYTHING issued by Metabank (you have to check the user agreement to see if Metabank is behind it, they are huge and behind at least 80% of all of the reloadable VBA's under different brand names) will not work because they do not allow deposits in mismatched names. You might slip by for a couple of deposits, but they will eventually start refusing deposits in a mismatched name and return them to PayPal. They may also shut down your account with them.

I tried a Walmart reloadable card for an account, and both my PayPal and Amazon accounts died, although the deposits DID go through. My eBay was OK, but an eBay without a PayPal is not worth very much.

[zexaah]

Originally Posted by yankee

This should be deleted....

He wanted this type of information, I gave it to him.

[yankee]

Originally Posted by zexaah

He wanted this type of information, I gave it to him.

Glad it was deleted.
He said he was interested in RELIABLE options not fraud and identity theft.
Don't spread that garbage here.

[H4ck]

i would agree with getting a real bank account.

the downside still is always having to wait 3 business days for the money to hit your account.

paypal is capable of cancelling withdrawals just before they limit your account. They have done it to me before.