Direct Debit madate refused email....

[johnquango]

so over the weekend I got the paypal email saying the bank had refused the DD mandate instruction.

have read a lot on the forums but seems to be a lot of Conflicting Posts...

the bank was a very big and popular uk bank, and I had read on here reports that this Particular Bank was fine.

the PP Code went through ok.

so will I not be able to withdraw from paypal to this Bank now because of this, or does it just mean that the bank cant be used for Funding to paypal.

and will there be a Flag rasied on this account due to this.. surely this gives a big signal to them for Poss Stealth, as im sure most of you would agree that ebay/paypal staff will constantly read these Forums?

I really don't want to loose this stealth, have already sold a few basic items and money is in paypal



is the PP DD mandate Compulsory, cause on my 1st stealth ages ago, im 100% sure I didn't do it or see it in PP when linked my bank

[JamesNorth101]

I am guessing this is a savings account?

You can still use the bank account to withdraw to.

[Callidus]

If it does get kicked completely, click 'Withdraw Money' and then where it says add a bank, add the bank details there. It should stick then for withdrawals

[rsot]

If it was used to verify successfully...should still be useful

[johnquango]

Originally Posted by JamesNorth101

I am guessing this is a savings account?

You can still use the bank account to withdraw to.

No its a proper current account,

so would it be ok to leave as is, or would it best to make a another new bank acc and add that, or would that look suss?

I was planning to list some more expensive items soon on this stealth but having second thoughts now....


as this bank acc cant be used as a Back Up funding source now for Ebay seller Fees etc and I were to start listing more expensive or 'high risk' items on ebay... would this not get some unwanted attention? flags...

[JamesNorth101]

Usually only happens with savings accounts.

So long as you can still withdraw to the bank account from the PayPal then I would not worry about about.

When you say you want to list expensive items.... What sort of items and value are we talking about? And how old is the PayPal and eBay?

You can still use your PayPal balance or VCC to pay your eBay fees.

[johnquango]

Originally Posted by JamesNorth101

Usually only happens with savings accounts.

So long as you can still withdraw to the bank account from the PayPal then I would not worry about about.

When you say you want to list expensive items.... What sort of items and value are we talking about? And how old is the PayPal and eBay?

You can still use your PayPal balance or VCC to pay your eBay fees.

the accs aged well past the '90 days period'
obv don't wanna say too much about future items, but there not 'real' high risk (maybe a little) from experience... or too expensive either.

[JamesNorth101]

If the item raises flags then it does not matter if its past 90 days. Certain items can only be listed on eBay after 6/12 months+

[johnquango]

oh I forgot to say too

when I hit the "send DD Instruction button" in PP, I did not have to fill in any details ...
I hit the button, and it just loaded for a second or 2, and that was it..

ive read on here bout some Having to fill in the online form with bank address etc...

[johnquango]

Originally Posted by JamesNorth101

If the item raises flags then it does not matter if its past 90 days. Certain items can only be listed on eBay after 6/12 months+

thanks for the info, so its 6mths/12mths from Date of first Sale, or Account Creation date...?

[johnquango]

Originally Posted by Callidus

If it does get kicked completely, click 'Withdraw Money' and then where it says add a bank, add the bank details there. It should stick then for withdrawals

would this be Add the SAME Bank Details again and it should Stick?

thx

[JamesNorth101]

Selling accounts only start to age from date of first sale.

Without know roughly the value of the item and what it is its impossible to say how old ideally the account should be. Some items your just never going to be able to sell.

[johnquango]

lets say the items could be looked upon as high risk, but this particular item Does Not give the "Red Text Warning message" when completing the listing for the first time.....

[Callidus]

Means nothing, just because that doesn't show does not mean your item is not high risk.

[johnquango]

Originally Posted by Callidus

Means nothing, just because that doesn't show does not mean your item is not high risk.

thx

have read on here about going very slowly, just one at a time with breaks inbetween on auction etc to start with...

[johnquango]

to sum up and ask a last question...

will the fact that my bank has refused the DD mandate to paypal now make Ebay start closely looking into my stlh acc? scrutinising it more??

[johnquango]

bump,,

to sum up and ask a last question...

will the fact that my bank has refused the DD mandate to paypal now make Ebay start closely looking into my stlh acc? scrutinising it more??



can some of you most experienced users advise on this please... with the huge purge that's going down at the moment, I really don't wanna loose this one before its even started properly..

would I be better off adding another new bank acc, or leave it as it is and see if its ok even though my bank returned the direct debit instruction

thx

If your only problem is that you have had an email from PP saying your bank mandate has been refused, you should have no further problems. Withdrawals will still work, verification is still valid etc.

[johnquango]

Originally Posted by peghmeypong

If your only problem is that you have had an email from PP saying your bank mandate has been refused, you should have no further problems. Withdrawals will still work, verification is still valid etc.

thanks for that.

[STRIKER]

My long term paypal account had a DD with one of the big four and it was suddenly rejected by the bank. This was never an issue and i carried on for years. The bonus was Paypal couldnt get money out either. I never enquired why, but assumed it was because it 'timed out' as i always used funds available to pay.

Roll on to my friends account set up a few months ago. Proper current account with the big four. Within weeks an email said the DD had been rejected. I assumed maybe she goes overdrawn a lot or something. Account still works OK.

As said above - in both cases there were no issues with withdrawls or verification after receiving these emails.

[johnquango]

juts going back to this topic

as im selling a few items on this acc, would the fact that the DD mandate has been rejected by the bank not make paypal take some kind of action on it as seller fees aren't "guaranteed by bank funding back up" if there not paid by paypal balance first?

or does having the VCC make it ok as a 2nd option for them

thx

[rsot]

Could be an issue - especially with the way PP has been crazy limiting these days