Forum

Online or Virtual bank
 

what is a virtual bank
and is there any uk virtual bank

No such thing.

Mantis is correct. Virtually impossible to find a virtual bank in the UK.;)
There are banks that allow online banking. (Which we know):p

yes there is
they are on my other thread

Thatkid Read your question again.....'Is there a virtual UK bank'. And the answer is still NO.;) Those on your other thread are relevant to the USA, which when I did geography was a different country from the UK. Only this site smile.co.uk - the internet bank
is the online or internet bank.:)

GreenBean i didnt say how many uk virtual banks there
atleast there is one uk virual bank account

and i am from uk so i am trying to help the people from the uk as most of the members are from usa and only talk about there ebay so there has to be someone helping the people from the uk

so the kid is here :)

@~###@~#!!!~!++@@~### ouch !! yea greenbean !! us Brits ; we put ausie on the map ..slap !! ouch !!! ( just kidding )

smile.co.uk

is really good as no identity is needed to open a savings account and can be created in about 5 minutes
but it take a while to get conformation if you have been accepted.
plus you get a visa card

this is a real good alternative to a high street bank as you can have lots of bank accounts created really fast and can be used on paypal for confirmation.

for a UK bank account to be used with PayPal it MUST MUST MUST support direct debits

I have said this many times before and still people insisit on advising adding savings accounts that will only lead to the PayPal set up failing

i don't know what you are talking about pauluss
i had opened a halifax savings account and it worked fine with paypal

Pauluss is correct with his comments. You may well have opened your Halifax savings account but there is an outside chance that the mandate for paypal will be returned and the account is no use. IF that account does not accept Direct Debit (which many Halifax do not), you get the initial approval and then it is withdrawn.

Have u guys attempted BOFI ? Bank of the Internet??

is it based uk

HI: NO- it is u.s.a. based--but i do not know if they entertain out of usa? but worth a shot--- i do know they are offering high interest ck accts!!! :)

Not all savings are useless lol, i have like 6 with barclays and all accept dd's also i have 2 with halifax which have not had a mandate returned.

I tell you why the mandate is returning, is because you lot are just opening the account online and you think thatsd it;s open....... it's not. After that you need to go to your bank and meet someone show your i.d etc etc then deposit £1+ then it is active. Before that, any payments or dd's setup will be blocked.

p.s Halifax wont call you or mail you to go in, i found this out by ringing.

see i made my point

greg2414 is from uk and he knows what he is talking about

saving accounts can be used

everytime they suspend you off ebay do you want to keep going the the high street bank and wait for them to open you account in two weeks

i don't think so !

I dont care what anyone else say's they do work, full stop!

Make sure it is actualy activated. Like i said before Halifax wont tell you to do this, BUT it must be done.

Last im saying on this subject as it's like a broken record

..Kid, you are so right. No one can risk going up the High Street and opening banks. So if the account gets opened, funded AND works with paypal, then all is GREAT.:)
As greg2414 & you have pointed out a little work gets that verified paypal account. Good posts! Hope that other UK users understand NOW what to do.:p

smile.co.uk

ask us to send identification

didnt know this is sending photocopys ok as it say authorised photocopys whatever that means

But if you are opening Bank accounts and then using a ⊗⊗⊗⊗ name on paypal accounts/ebay accounts isnt this a case of money laundering?

no this is the only way to stay on ebay and surviving
there is no other ways

kid I know what you are saying, but I am trying to look at it at a lawyer point of view. Is this a case of money laundering.
If you google it, it states "Money laundering is the practice of engaging in financial transactions in order to conceal the identity, source".
So if we are using ⊗⊗⊗⊗ names on Paypal and eBay and its a tool to make money, is that money laundering ?
Myself and I hope it isn't, but you need to look at it at a legal point of view, because if you are caught Money laundering its a serious offence esp in USA/Europe.

is there any online bank that does not ask for identification or is there some sort of online account which can be linked to your bank account but which gives you different account numbers

kid, NEVER open a bank account with a false name it's fraud. You need to have a serious read over everything.

CREAT the bank account in your real name and then in paypal ebay you use the false name.

Once again i will repeat EBAY/PAYPAL DONT SEE YOUR BANK ACCOUNT NAME SO YOUR OK!

I thought it was common sense that it's a free jail sentence to give ⊗⊗⊗⊗ details to the bank?

i did not say to give ⊗⊗⊗⊗ details to the bank i said to paypal
how can you give ⊗⊗⊗⊗ details to the bank anyway because you have to show them identity with your name

FFS..... not much changes here i see.........;)

what happens though when you provide your real name for the bank account, then a ⊗⊗⊗⊗ 1 for paypal and Ebay, after a couple of months, Paypal will ask for verification, photo id, etc, as your account has hit the limit and to remove any restrictions for money laundering, you need to provide photo ID.

What do you do then?

hi
smile is setup online but requires address and name id, you send photo copies
stamped as true copies by a bank or solicitor. e-bay doesnt check address so you can use real one but name either has to be real to submit real docs.

This is interesting regarding set up in the UK
 

Says they can set up accounts legal with no problems only in the U.K

ebay suspension - ebay account suspension help

Also does anyone know what MC081 notice from ebay means, I have asked a few times but I keep getting blanked :eek:

Firstly, your link does not work. Secondly that company has not be so great with supplying UK accounts despite their claims. Accounts purchased have not lasted on ebay UK.

You have been duplicating your posts so they sure get blanked. If you go to the thread named MC Suspension Codes you have been answered.


eta: link works. Browser troubles with me.:rolleyes:

Yes GreenBean,

Thanks for that I got the post from you, I am new to all this so I don't know what I am doing but getting the hang of it now ! I checked the link and it seems to work, also my friend has used this guy and has been trading for 9 months with no problems, I am just not prepared to pay £199 for the pleasure if I can do it myself that's why I am here !

Thanks again for answering my question on the other post.

ive just heard from my friend that to verify his bank account with paypal his registered address for his bank had to match what he had input on paypal...

can anyone else confirm this???

if so, does this not cause problems for verifying your paypal accounts because the address would always be the same?

THIS IS A SCAM!!!

Could you please describe why it's a scam?

Also, only Modee and ebayhateluv are allowed to sell EBAY accounts (on this forum).
.

Mangler, don't listen to friends, listen to us, paypal cannot see anything registered with your real account, your bank will not provide paypal with any personal information ie, your name, address etc, UK data protection act does not allow this.

cheers, this is what i thought

Just to add to my previous post, it seems some people are having difficulties verifying their paypal accounts, from personal experience I have verified 2 accounts in the last few weeks without problems, but at this moment we don't know if some banks are sharing information or not.

[QUOTE=Quasi_Mojo;58071]Could you please describe why it's a scam?

Follow the link and then try to get the product/information. It's soon becomes obvious why.

From what I read, it seems like the information offered in the link provided is the same type of information that aspkin offers, at 10 times aspkin's price. 'Course, that person also advises they offer phone support. They offer the same type of TrialPay offer (which is why they refer to it as "free") that aspkin offers.

Nope... it isn't obvious to me. So I ask again, why do you call it a scam?

I'm sure if it was a scam, aspkin would have removed the link.