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Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

ill be withdrawing 1000 gbp a day from my business paypal to starling does anyone know if they will ask questions?


I did this with Monzo before and they shut down my account in about 2-3 months they asked for paypal receipts and unlocked it twice but the 3rd time my account was terminated and my appeal rejected.

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

If you are doing that kind of volume, expect to get issues, especially with those "online" banks. If Monzo didn't like your business model then chances are the others won't either.

You should consider spreading the risk a bit and put the money through 3 or 4 accounts instead.

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

thanks I have a natwest account a contis fin account a monese a revolut a crypto.com a transferwise and a barclays pingit you recon if i load each with 250~ a day it would be better?

i prefer to keep things on one account as im saving for an apartment

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

Open a proper HIGH STREET bank account and you can deposit £1000 daily.

These online banks are a joke and not fit for purpose.

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

I do have a NatWest account. and I cannot open another one as I do not live in the UK

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

Starling and/or any prepaid banks coupled with those sort of funds going into the account you will be having a world of trouble. More time than not you wont even get the funds out if they see them coming from mismatch names.

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

Names match as I use the mismatched name bypass method so far I received about 2500 gbp to starling with no issues im just worried about going higher

as far as i know starling is a full on bank with a license.

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

Makes no difference mate whether they have a full banking licence or not lol.

Some of the information that gets posted on here is absolute waffle.

That bank is known for issues when you keep getting withdrawals of that amount into them, been there done it and seen too many others that have had all sorts of problems with them.

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

I would advise to you do not withdraw so big amounts every day. Always try from small amounts of money

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

Even with the High Street banks you can have issues, but much less so. I would avoid Halifax

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

There are ways to go about depends what it is you want to achieve. You just want drain a single bank account or keep taking out 1k for long time to come?

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

Why do these banks have an issue with it if it's a matched name? Due to it being business funds into a non-business acct?

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

Exactly - one point is that personal accounts do not "typically" receive large volumes everyday

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

Absolutely nothing wrong with Halifax.

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

Bloody hell you're withdrawing £1000 a day through your paypal account, what are you selling gold ?

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

Its in the title Personal account is for personal use, business account is for business where large amounts account be deposited.

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

i droship about 4000 quids a day on ebay 1000 gbp is my profit rest goes to pay for my suppliers.

Re: Going to start daily withdraws of 1000 gbp to starling,anyone tried them?
 

so far i withdrew a few 1000 to starling and it has been smooth sailing no locks or hold just yet