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

[Therulerz5]

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.

[Ebayorbust]

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.

[Therulerz5]

Originally Posted by Ebayorbust

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.

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

[james_112233]

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

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

[Therulerz5]

Originally Posted by james_112233

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

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

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

[JAnderson]

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.

[Therulerz5]

Originally Posted by JAnderson

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.

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.

[JAnderson]

Originally Posted by Therulerz5

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.

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.

[Romancevic]

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

[RedPill]

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

[CheekToCheek]

Originally Posted by Therulerz5

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

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?

[frustr8ed]

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?

[rsot]

Originally Posted by frustr8ed

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?

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

[JAnderson]

Originally Posted by RedPill

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

Absolutely nothing wrong with Halifax.

[assad]

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

[assad]

Originally Posted by frustr8ed

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?

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

[Therulerz5]

Originally Posted by assad

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

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

[Therulerz5]

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