Should we try to summarize...
1 - A credit card is added to your PayPal account to help verify it and lift part of the withdraw limits. They will CHARGE this card $1.95, and after the charge goes through, the $1.95 will be refunded to your PayPal account.
2 - A bank account (here the new BOA account) is added to PayPal to further verify it and remove the withdraw limits. Here they will make 2 small DEPOSITS to your account, and then you login to PayPal, verifying the amounts of the deposits to complete the process.
Alternatively, with BOA (and some other banks) you can verify the account instantly by providing PayPal with your online banking user name/password. Some on the forums swear by this, others want nothing to do with it.
3 - You link your PayPal account to your eBay account to create your eBay seller account.
4 - Profit |