Forum

Transfering money trhough different Paypal accounts?
 

Hi guys, I have 4 Paypal accounts, but I will need to withdraw money from only one. Can I transfer money from the first 3 accounts to the 4-th one without a problem? Will Paypal link the accounts that way? I am talking about regular transfers of about $1000. Of course it will be better to send the money like a gift to avoid any fees. But will that cause any problems with Paypal? All 4 accounts are with verified information and are working fine from about 2 years.

thanks in advance for your answers.

Not sure if it is a good idea.

Of course this will work...for about 5 minutes.

Would you put your hand into fire to burn yourself?

If you would then use paypal the way you said.

Then find out about PAIN.

Not a sensible, wise, ideal, good or suitable idea at all or ever.

NO
:doh::shocked::doh:

ps do not even think of trying this method

:lol:


So many people have lost so many accounts and had so much money held for doing this and yet people still want to do this.

OP----

Only those who have tons of experience can get by with doing this.

Listen to the slim and GB, you will cause more harm to yourself then good.

Find other methods but do not do this unless you are extremely skilled.

With only 4 accounts you could lose them all and end up with no money and no accounts real quick.

I know it is not the best idea, but it doesn't seem that I have a choice... The problem is, that I must send the money to my company (tehy will go through my accountant and I will pay taxes for them, so everything will be legal). I can open 4 bank accounts of my company's name of course, but then the authorities will ask who are those other 3 people, which names will show of the bank statements and what bussiness exactly I have with them. And I may get to a lot of trouble.

So you guys are sure, that even if I transfer the money via the normal method (not as a gift) and pay the Paypal fee every time, this will still not work?

Any ideas how to resolve this?

thanks again.

you do not need to open bank accounts in different names, they are in your name, if you are unsure if the bank will accept money from a stealth name paypal, then just make the paypal in a slight variation name of your own.

I know that the bank accounts are not a problem. But the Paypal accounts have different names of different (real) persons. They are already working, their documents have been approved, ID documents approved, all is OK and they are already linked to their ebay accounts, so I can't just stop using these...

The bank will accept the money of course, but if the authorities make a revision of my company's documents and see, that I receive money from 3 different and unknown persons, THIS will be a problem...

You can transfer the money, of course, but it's not recommended. As said, it will eventually lead to links and accounts being closed.

If you absolutely have no other choice, then at least transfer the money to someone else's account first (someone you trust) and have them transfer it to your other account. You can also transfer to someone's account and have them transfer to someone else's account and then transfer to you. This way it goes through two other people before it hits your main.

Although, if Paypal ever wanted to look into this, they would clearly see the pattern, no matter how many account's you transfer it through.

If I were you, I'd look into other ways of getting the money, search the forums, their are other ways.

Many banks will let deposits through in different names...one of the corner stones of stealth is being able to add REAL bank accounts to your pp accounts and KEEPING the stealth name.

This is all well covered in the guide and around the forums.

What is the name of the bank you are using?

As I said, it is not the bank, that is the problem. The problem will come when a tax inspector comes for a revision and sees the bank statements from my company's account. Then he will ask who are those persons and why are they sending me money. He may accuse me for money laundering or God knowhs why if I don't get him clear answers (which obviously I can't).

So you are looking for us to give you replies to taxation issues in Bulgaria?

HTH can we do that?

:doh:

Of course I don't. I have asked if I can transfer money trough different paypal accounts if I do that normally and pay the fees. I explained my situation just for you to see why that is necessary for me. Of course I don't think there is any difference between this kind of taxation issues in Bulgaria or USA, but anyway - that was not my point.

Be careful, if you can avoid leaving a footprint avoid it

To be honest any kind of transfer is risky. I don't know your country's laws so I can not comment on tax law. But if I was going to do something like this you are paying the fees or else your account is limited. If you can take them then you have to send and invoice even if it is bogus for something to each PayPal from your main one like you are providing them inventory. Even like this it is risky. But that would be the best way to go. Make it up and try to keep it as legit as possible. I can promise you sending gifts from one account to another over PayPal in the US is risky in a place like Bulgaria you wont last more than two transfers before everything is shut down. Sorry to say but you home country isn't exactly on the list of trusted countries with PayPal. If it does work I can't guarantee it but that would be the most ideal way if you have to transfer between accounts. You just need to consider it the cost of doing business.

Thank you for your answer. You are absolutely right - my country for sure shouldn't be in the list of thrusted countries. What I was thinking was, that if I transfer the money normally (and paying the fees), that will be a benefit for Paypal, so they shouldn't have a problem with that. But who knows...

I tried to just change the names of the persons in these accounts and leave all the other info the same, but it wasn't such easier, than I thought.

Your country's taxes make it difficult to advise you on even using paypal.

If your tax laws are strict about names as you said, your options are limited.
That was my meaning.

You are really at risk of having limitations put on your working business accounts., with your suggested method.

:peace:

Paypal does not like people who try to change names on accounts - looks like fraud or so in terms of risk analysis.

Will this work? :

Using all the accounts to buy some stuff at a "stealth store" that goes right into one paypal or something??

..... Nope.


:ranger:

Only time a name change may work is for a woman's family name account who got married.

:clap:

Changes of any sort to a paypal account trip flags.

Banks have similar steps in place.

A certain combination of changes will cause the worst flag to be raised.

That is a limitation. It does not mean a permanent one. It does mean the account is looked at & restricted until everything is resolved.

If the account is not capable of having that happen, then that is fatal.

paypal will always protect itself.

Nothing is easy with them.
:peace:

to get round accountancy issues the company can have a rental or employee agreement in place with each of the paypal account holders. You could even have them down as sales agents, there are loads of ways to satisfy the accountant and HMRC (your local tax authority).
What is critical is keeping you trading AND always carrying a spare tyre, that is what the experts here are leading you towards.
In business there are always creative workarounds with contracts etc, with paypal and eb there is little flexibility, if you mess up, you lose your income PERIOD.
I have been there and thanks to this forum and the team you can pick yourself back up reasonably quickly but better not to be in that position at all if you can help it.
No linking is one of the keys to ensure that your spare tyre stays the spare and doesnt get punctured at the same time as your other tyres, then you can always keep motoring.

Dont do that.

Never. Never. NEVER!

Dicey way - can link the accounts but can also be done with proper care. Not recommended but still requires some creativity.

Thanks for your answers. I am staring to think, that Payoneer will be a good way to solve this, because I will not need a bank account for them and these money will not be trackable.

Payoneer has been working for many.

Money is always trackable.

Dont think otherwise.

Payoneer is a good card to use though.

Good Luck


:juggle:

I'll try this card for sure, just figuring out how to resolve the issue with the different shipping addresses, that the cards must go to.

And just to clarify - the information of the card (which obviously must be real) doesn't have to be the same as the one in the Paypal account, right? They don't have a way to check that, nevertheless the payoneer account will be based in USA?

No the card info doesnt need to be same as Paypal - it's a bank account - bank accounts arent checked to an address by Paypal (unlike a credit card - AVS check).

OK, guys, I now have 2 Payoneer cards, will have several more in the near future. I just wanted to ask one final thing - does anyone know if there is a problem with Payoneer if I log on the different accounts from the same IP? Do they keep an eye of that the way Paypal do?

thanks in advance!

Yes they do.

Dangerous way to use payoneer

OK, so cookies, emails, all the things, that you should be worried about with paypal, are the same here?

Does anyone had any problems with a limited Payoneer account?

Just work with the concept of being linkfree in all ways possible - not just PP - makes logical sense.

That's a really good and smart answer :)

I have asked because I manage my Paypal and ebay accounts from my working place, but I manage my money from home in off-work time.

But I will manage to work this out.

I'm sorry that I will ask a question again, but obviously I'm all new to this Payoneer thing, so I will appreciate any help from people, who already have gone trough this.

I have tried to load funds from my Paypal to my Payoneer card. I have first sent $40, it all worked fine. Then send $500 and a problem occurs. The Paypal account, that I am sending the money from, is a stealth account, so the name is different from mine.

Today I have received an email from payoneer, saying that I must send them a screenshot from my paypal account, showing the name of the owner of the account and a screenschot of my ebay account (also stealth).

And they also want me to describe my connection with the person, who owns them. Has anyone gone trough this and what is the best way to explain the situation to them?

thanks all!