new paypal - lifting the limits "sending, withdrawel and receiving"

[mistieleigh]

ok i need some experts advice, i have just made my paypal account, and it needs verifying to lift the limits

(were you attach a direct debit and send the 2 small deposits to your bank)

this requires you to attach the direct debit i think..
am i ok in doing this? do i use my real bank details and ⊗⊗⊗⊗ name or would the bank not accept the direct debit

sooo confuse

the current limits are

withdraw £500 per/month
and only £650 per/year

[GTB]

which bank is the account with?

[GrannyT]

mistileigh as you are new here I will go through it for you but you should really get the stealth guide and read the forums. This is dealt with extensivelly.

When you complete Paypals Direct Debit mandate you use only your stealth details. Everything must be as on the Paypal account.

Paypal cannot see any of your bank details apart from the sort code and the account number.

You must NEVER allow Paypal to take money from your account. Always ensure there are sufficient funds in your Paypal account to meet all of your obligations and commitments. If you transfer from your bank to Paypal there is a good chance they will see your real details - and that really isn't good

[GrannyT]

Good point GTB - there are good banks and bad banks OP

[GTB]

as GT says you should buy the stealth guide,click and have a look

it is good the have it their to read over and over,then if there's anything you are not sure about,ask a question where everyone will be happy to help

[mistieleigh]

ok thank you so much for your help, the bank is halifax i hope this is ok

[GrannyT]

Halifax is good - very good

[randomebayer]

Originally Posted by GrannyT

Halifax is good - very good

Thats good for me, as I just opened a account with them very recentky, do their savings account also work with paypal?