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Re: Uaccount
 

So I have just started using a few of these accounts.

What surprised me was around 4 or 5 days after attaching to paypal and submitting the DD mandate it came back with the standard saver message which goes along the lines of '...your bank has let us know you cannot use account ending xxxx to fund your paypal'.

Now why this obviously causes no real issues with my account at all, I am just slightly curious to why I got this message as Uaccounts can optionally accept DD's and my toggle to accept a DD for that account is most definitely set to on, as I have double checked. Ideas anyone?

Re: Uaccount
 

That is curious actually. I wonder if they bank noticed the mismatching name on the DD mandate and cancel it due to that? Total guess on my part though!

Re: Uaccount
 

You can use this site to check if an account supports BACS Direct Debit by simply entering the sort code - https://www.paymentsuk.org.uk/consum...t-code-checker (a message should appear saying Bacs Direct Debits can be set up on this sort code).

DD can take up to 3 weeks to be setup by a bank. Of course PP will try set it up within the 3 weeks, and if it fails, that's when they get in touch.

Remember, its not recommended to use a stealth PayPal + direct debit mandates to fund payments for your purchases as money moving from your bank to PayPal will reveal the name on the bank (and therefore make PP aware there's a mismatch).

Of course if this account is one you use for simply purchasing items, and it has the same name as the bank, then by all means go ahead.

Hope that helps. :thumb:

Re: Uaccount
 

seems like the paypal 4 digit codes take forever to show up on the accounts..:juggle:

Re: Uaccount
 

Mine normally take 2 hours to show. The codes don't show automatically though. You need to go into the individual account page, then go to 'create a statement', then download that statement.

Re: Uaccount
 

tried that but it always says there is no transactions to download.
been waitin 5 days now..

Re: Uaccount
 

sounds like somethings gone wrong then as mine also always appears after a couple of hours at the most,i would go back into paypal and request another code and see if that works.

Re: Uaccount
 

yea i found what the problem was.. and not my codes show in an hour or so :)

Re: Uaccount
 

I bet it was Russian hackers... :)

Re: Uaccount
 

It's always the Russians messing around with Uaccount :doh: ... probably why PayPal is so glitchy too. :p

Re: Uaccount
 

I have recently opened a Uaccount and noticed there is a 2k receiving limit per month. does anyone know if this is per account or is it spread over all the accounts you hold with them?

Re: Uaccount
 

As for as I have been able to tell it's not clear. I would imagine it's across all accounts, but it's worth asking Uaccount for clarification

Re: Uaccount
 

When you receive your card from them and confirm/verify it on the site the limits should increase to around £10k a month?

Re: Uaccount
 

Ok thanks. I will come back on and confirm once I have found out for sure

Re: Uaccount
 

Excatly! You need to have received your card from them and activated it. Then automatically the limits increase to 10k/per month...this was also confirmed by my chat to customer service

Re: Uaccount
 

That's pretty great! I am still very much at the early stages with Uacccount myself. I so like what I have seen with them so far though

Re: Uaccount
 

Noticed that happened to one account last month. Going to try and get to the bottom of it through customer support and report back.

Re: Uaccount
 

Just to be clear, so these uaccounts can be opened and used on paypal just like a normal bank account and can withdraw money from paypal to it?

Re: Uaccount
 

yes thats right, you also get sent a contactless atm card.

Re: Uaccount
 

Wow that's great thanks Bunneh, I'm just about to start getting back on eBay now and was worried about getting round the bank accounts situation

How many can you open with these do you know?

Re: Uaccount
 

you can have up to 20 "extra accounts" depending on which you sign up for when you join.

Re: Uaccount
 

Great thanks, any idea which one needs to be signed up for to get the extra accounts?