Paypal now recognizing if bank account has no direct debit facility & blocks its use

[digzz]

Originally Posted by oompaloompa

The penny deposits, prove you are in control of the bank account, but bank is only any good if direct debit friendly - dohhh!
What would have helped is noting that the forum says most savings are not direct debit friendly and then checked with you bank first before adding it...

Really and truly who cares about Direct Debit friendly? All people want is to verify the account. And if you have bad credit and can't get a current bank account these days...then you’re really done 4...as these savings accounts won’t work anymore.

[oompaloompa]

calm down dear its only a commercial....

Ive tried to explain it, but its not sinking in .... anyway you learn things by trial and error,
so no harm done...

[GreenBean]

Hopefully the title edit may help....

[crazyfrog]

Originally Posted by digzz

The Point is ....You where able to Confirm the Account with out a bank account with Direct Debit using the Depoist penny things....Now the Paypal accounts won't let you get to that stage. Because now they have a system in place to check the Bank Accounts with out a Direct Debit....

I tried to add a Nationwide savings account 1 year back and Paypal didn't let me add it .However ,other banks work fine.
Digzz actually this is not in the hands of Paypal .
All those bank accounts which do not honor the facility of accepting Electronic instruction for setting up a direct debit will not be able to go through Paypal and thus you will not be able to initiate the deposits.This is the only thing ,which Paypal can check.
If you bank is allowing electronic instruction to go through and later on it rejects ,then there is no way ,paypal would know and therefore Paypal would have to allow it to go through.

I hope you got my point

[static]

I'm not sure I understand the issue here, but I think it's a good change if it is what I think it is lol.


A while ago, I added a savings account from navy federal to one of my accounts. It was able to get my account verified with 2 deposits, but when I went to use the account to buy something I got limited, because their savings accounts don't do ACH or something like that =/ That was just a lack of foresight on my part, but the way paypal has it set now, maybe they would've saved me from myself, and just not let me add that savings account lol.