This is how to withdraw your money from PayPal without bank account
Hi Guys!
Here is a smart idea I just thought of for getting your money from PayPal without a bank account. Well, it will come at a cost but its worth it.
People always ask why cant you just open a new bank account, but reality be told its not as easy for everyone as it is for you plus how many bank accounts do you wanna burn. My rule of thumb. Dont add a bank account until your account survives 4 months above standard
Now this is what I am thinking. Practically simple if you DONT want to attach another bank account to PayPal.
Follow this steps:
1. Send your money as payment for gift without physical shipping address to someone else. E.g send £60 to someone else and in return the person sends you disposable visa card. Then withdraw that visa card as a transfer to your bank.
Still not clear?
Lets assume you send me a PayPal balance of £60. I will then email you a £50 worth of 3V prepaid visa card. Then you login at 3V prepaid to activate the card I sent you. You can withdraw this money to your bank account. 3v will charge you £3.50 for bank transfer.
As you can see from the above scenario, the commission is too much £13. So it makes practical sense if you are transferring in excess of £100.
Its a simple logic you can do with friends, family and people who dont use their PayPal to sell on ebay, otherwise they get link and when you are down they go down too.
Also, be careful who you deal with as people can easily place chargebacks on your PayPal. So make sure you deal with people you can trust. If you sell on ebay and having trouble with withdrawal and would like to take this approach of trading your PayPal money for 3V. I will be open to do business with you as long as you are doing a legit business. Just PM me
Last edited by taerese; 08-23-2015 at 04:24 PM.
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