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Do i really "need" to add a bank account?
 

If i create 50 accounts with 10 allowance and paypals.

And use the funds to pay for goods via paypal. I can buy the goods online and then use the funds to buy things like VCCS/accounts/VBAS ect.

Stealth accounts i will not be attaching them to any banks, just adding a VCC to be able to sell.

Is this ok? Will my allowance increase in the long run still?

A few accounts to fund my future is what i'm looking for.

All you're going to be doing is continually buying more stuff? How are you going to get your money out?

And yes it will take longer tor raise your limits since if you added a bank you would get 25 from the outset... without one you only get 10.

You cannot sell in any way worthwhile on a UK e/b account without a verified p/p account which requires a bank account attached to verify.

Adding a vcc does not verify a UK p/p account.

Think you have been advised of this more than once already.

You can sell 10/300 a month and when i'm making 9 pound profit on a £12.96 item that sells in 30 piece in 12 hours:yar:

If you add a VCC you CAN SELL as you can your fees.

£12.96 x 50 (5 accounts with a 10 allowance) = £648

How is that not worthwile in 24 hours? :rant:

Why would i add a bank if that's fine?

I have over 900 of these products sitting here :yar:

If that's your business model that's fine.

Each to ones own but I like to get my money in the bank

And how do you intend to actually get your money?

Whats the point of having the money? I'll worry about that later.

My gym supplements cost about £65 a month for protein shakes alone and my girlfriend spends £100 easily a month on ASOS so she could give me cash and id pay it.

I always build up a arsenal of around 2,000 products for resale out of profits. And a arsenal of accounts ect.

Money is money. I have 900 i brought from pure profit.

So yeah, what i'm saying is true. I can sell 10 items a month with a VCC account. And when i can make VCCS in seconds using a UK phone number i'm sorted.

Thanks for you help.

Well if your happy to let p/p look after your cash then good luck

Would be spent within hours, basically i just don't want to open lots of bank accounts. :typing:

Any tips NoneOther.

Looking into VBS. God this is exciting :deadhorse::hs:

You're going to cry when PayPal lock your money away for 6 months... you don't seem to have thought this through long term. Keep in mind that you are far more likely to have problems when attempting to spend cash than when attempting to withdraw it.

I just dont want to create lots of bank accounts :cheer:

Would like a arsenal of accounts so when one goes down i have 20 to choose from.

To be honest buying VCC/VBA draws alot of attention if paying via PayPal. Would be better off only buying stuff off eBay or Legit sources like ASOS.

Looks like i'm opening up loads of bank accounts with 1 job at 19 :mad:

That is the way of stealth I'm afraid... I went from having a legit eBay/PayPal with a business that was going incredibly well (so well that I was very surprised) to going stealth and opening loads of bank accounts, all within the space of a few months, and I was 18 and a student. In fact if you read my early posts you'll see that I even got 6 opened at once in Barclays... 5 basic accounts and 1 savings account.

You're going to want to get your hands on your money eventually and a bank is the only way.

I do not see the problem if you plan to spend it anyway, issue is the address on file though, for purchase to be sent to.

as for if it gets locked then add a bank then if the amount is worth it...

Bruze,

Time for a reality check.

Go over the plan sooner rather than later.

Bank accounts & paypal & ebay UK are a holy trio .

:peace:

I guess you mean VBA, if so these are not available in the UK.

Spending cash received within hours of receiving it into your p/p account will draw their attention to it. p/p get very nervous when you spend/withdraw the dosh too quickly.

You are also going to have major problems with delivery addresses.

How are you going to deal with stealth addresses, how are you going to add delivery addresses to e/b or p/p without giving the game away?

As others have said I don't think you have really got a handle on this.

Exciting as you seem to think it is your plan is very flawed and will end badly imo

TBH it's easier to open multiple bank accounts than it is to find suitable accessible addresses. Then you can withdraw your cash and spend it where you like without having to worry about how you get it delivered to you

Sorry for coming across poorly but i always look for way rounds ect.

I have 2 accessable address's made 2 stealths and having issues so now i have ruined those address's lol.

Full stealth with non accessable addresses and i will open bank accounts...

If there are any ways around things then they are already known here and that is the advice you are given by experienced members.

When folks tell you your ideas are flawed it's not out of spite but based on solid experience.

If you continually keep trying to do it your own way folks here will just stop advising you.

We only learn when we listen to sound advice.

BTW as you've probably gathered from replies to some of your other threads free VPN and VPS are very short lived on e/b and p/p, they'll shut you down fairly soon using them.

So many easier options, especially in the UK

Been here hours & thinking you are the only one that uses way rounds?

If you take a step back now, you can go ahead & create any number of stealth accounts that will work well.

Variations of stealth are what might cause account damage.

Been there, done that, wear the T-shirt

:peace:

This is the craziest thread I have EVER read,,,can't you get some type of Reloadable Debit card that can accept Direct Deposit like this new American Express Bluebird over there?,,,I know here in the USA we have TONS of them

UK has archaic banking conditions.

Very much controlled by The Establishment too.

http://capital2risk.files.wordpress....workers415.jpg



Elijah will recognises these bods

:bounce:

Quite an expressive discussion going on too :) have not heard of UK reloadable debit card outside of bank account though - worth looking into OP like the Amex Bluebird.