The proper steps to take? - My first account

[EbayWho]

Used search and similar threads, most were uk style questions

Ok so I have completed reading the book, loved it.

However I am not sure a few things clicked in when reading..



I already have a paypal account that's liked to my ebay, im waiting on the rest of the pending funds to be available. Then ill never log into it..


So here are my questions.. Responses are greatly appreciated

1. Should I go to a new bank, start up a legit bank account?
2. Followed by buying a visa vanilla card
3. Enter in my stealth name onto paypal, same name as the visa ect -


Im confused on why I need the visa card, if my new bank account will give me one anyways and new checking / routing numbers..


Do I add my new banks checking/routing, along with the visa cards numbers..


Also how do I have multiple paypal accounts if I only have one new bank account,

If someone can break down the process for me It would be great.

[JamesNorth101]

1 - Bank account is always opened up under your real infomation

2 - As far as I am aware this will work. I use entropay myself, but I am from the UK

You need to use a VCC to that you can pass the AVS checks. A real plastic card would fail this check.

You would need more than 1 bank account, or be able to use other methods to withdraw

The guide pretty much lists the steps step by step, have another reread of that

[Jack]

Yes you need to have a separate bank account for each eBay account/PayPal that you use. Never risk linking them or they will catch you. The VCC not only helps with confirming your stealth identity but also gets rid of the withdrawal limits that you might have on your Paypal account!

[EbayWho]

Ok, I understand better now.

But lets say I set up a new bank account, etc and my ebay/paypal is linked, restricted again.

Do I need to close my real bank account and open a new one.. and start over

Idk if chase will let me have a few accounts, im just not getting how I could get 5 or so accounts to have 5 paypal accounts..

going to the bank and repeatedly opening and closing accounts might seem fishy

[JamesNorth101]

Originally Posted by EbayWho

Idk if chase will let me have a few accounts

Can always get an account with another bank

[AuctionsDenied]

Originally Posted by EbayWho

[I]

So here are my questions.. Responses are greatly appreciated

1. Should I go to a new bank, start up a legit bank account?:

When opening up account all information should be straight as an arrow, including your SS#

2. Followed by buying a visa vanilla card:

This will be used to confirm your address. Remember to register it.

3. Enter in my stealth name onto paypal, same name as the visa ect -
:

Stirctly looking at address

[EbayWho]

Thank you to all!!

[Dmshark25]

The idea is to take your time and create solid credible accounts and than operate these link free accounts by stealth rules which are really the true rules to surviving on Ebay.

You need to be a great seller, so don't think about opening than closing, yes in the beginning u may lose a couple accounts but once u have it down your goal is longevity.

I'm going on my 8 month of stealth and have many accounts all getting raises and Paypal holds lifted.

My stealth accounts have higher limits than my real account did and like I said I'm going on 8 months and am a power seller on my oldest stealth.
My real account lasted 6 weeks of selling before getting suspended because I followed the rules ebay tells you to follow. Which will get u suspended.

So don't think about closing accounts think of opening them. And in the US spread ur accounts with real banks and prepaid accounts there are so many. Never just open 20 accounts with one bank , going back to the idea of not putting ur eggs all in one basket

Start slow patience is the key to stealth, no shortcuts and follow all steps carefully it will all become easier and second nature

Stealth definitely works, my business has grown exponentially bigger than I'd ever thought and growing

[MM78]

Consider using an VBA when you open your Stealth accounts, this way if the account doesn't last for very long you can ditch the account.

The only time I add a bank account is when I feel secure enough that the account will make it long term.

[Jack]

So I am assuming having over 1k is ok then. I have always been told that keeping to much money in my paypal is a bad idea. But from what I have been reading in different Topics it is ok to have that much money in your PayPal.

[GreenBean]

Originally Posted by makingmoney

So I am assuming having over 1k is ok then. I have always been told that keeping to much money in my paypal is a bad idea. But from what I have been reading in different Topics it is ok to have that much money in your PayPal.

differs for each and every account.

No determination should be made as a general rule of thumb.

Let paypal always have access to only the amount of money you can afford to do without.....think about.

[rsot]

Originally Posted by MM78

Consider using an VBA when you open your Stealth accounts, this way if the account doesn't last for very long you can ditch the account.

The only time I add a bank account is when I feel secure enough that the account will make it long term.

@OP, this is a good method to verify the account and build until ready to pop in your own bank account for withdrawals.

Few sellers here sell the VBA (Virtual Bank Account) - speak to them and purchase.

[EbayWho]

So I see on google virtual bank accounts.
Having that along with a visa vanilla card

How do I deposit/get my funds out in Hand?

I have to wait and add a real account to do it?


Thanks !

EDIT-- the VBA I seen was 500 to open a checking account wow.

[GreenBean]

@EbayWho

You either add a real bank account or cash out funds by purchasing items, etc.

Avoid thinking of paypal to paypal transfers. That can backfire.

That price for the VBA is piracy. Avoid that.

Be very careful where you obtain your VBAs.

Many fly-by-night sellers.
Good Luck

[bigboddie]

Unless you get a real bank account for each payapl your screwed trying to cash out. Ofcourse you can send money to payapl account to payapl account by sending money request/invoices to one from another wich is linked to an account in your name that has a bank in your name attached. This safer than the ole sending money to family and friends bit. Another option is you have a mailbox store street address a paypal debit card could be sent too then you can make atm withdrawls.

[JamesNorth101]

Originally Posted by bigboddie

Unless you get a real bank account for each payapl your screwed trying to cash out.

Totally wrong. Many many other methods can be used, although bank account is the least hasstle.

Originally Posted by bigboddie

Ofcourse you can send money to payapl account to payapl account by sending money request/invoices to one from another wich is linked to an account in your name that has a bank in your name attached. This safer than the ole sending money to family and friends bit.

Strange that you think its safer, seems just a dangerous to me....

[EbayWho]

Send money from stealth paypal/ebay acxount, then to stealth & to real paypal-to bank.?

Hopefully more of you chime in on best way to get my money from paypal to my pocket,

I'm with chase bank and I can set up as many banks account and have just a few bucks in each.

I have other bank accounts too.

Thanks to all !!!!!!!!

I'm a parent of 2, trying to make it while my wife is in med school

[GreenBean]

With all due respect, please avoid considering paypal to paypal transfers when you are a fledgling stealther.

Until all of this is second nature, stick to the recommended methods.
Have a bank account attached.
Transfer in the regualar way.

Purchase items on line to use your own funds.

I'll expand a bit.....
Operate your new stealth paypal in the same way as you did before you were suspended.

Only thing different now is the fact this is stealth.

If you never did anything 'silly' with your old paypal, then use your stealth one the same way.

Stealth ebay and stealth paypal accounts are just the same as regular accounts. They just have a special name.
Their usage should be much the same.

[mercurial333]

What you need:

Internet
New Phone Number
New Debit Card or VCC
New Checking/Savings Account or VBA for starters
A computer with new User Account

[rsot]

Originally Posted by EbayWho

So I see on google virtual bank accounts.
Having that along with a visa vanilla card

How do I deposit/get my funds out in Hand?

I have to wait and add a real account to do it?


Thanks !

EDIT-- the VBA I seen was 500 to open a checking account wow.

To get your funds in hand, you need your own bank account - are you located in the US? Many options exists.

That VBA for 500 to open is a bust of an idea - avoid it