 Re: Lowest risk converting aged account to MP
Quote:
Originally Posted by sam999  Hi All,
I've done a fair bit of reading but still unsure what the latest recommendations are for MP on an aged account.
I have a 10yr old personal account with ⊗⊗⊗⊗ name, address, dob. I don't have ID or documents for this so wouldn't be able to verify them with an ID unless I get a ⊗⊗⊗⊗ one made up.
Do I change to all ⊗⊗⊗⊗ "owner's" to real details, before, or during MP enrollment?
Do I use my real name on the bank account page?
The phone number used is invalid, should I get a throwaway sim or will I not need to verify this?
I have previously sold high risk items, should I give it some days / weeks before selling again after enrolling into MP?
I want to go with safest option since this is a very mature account but not sure what safest is.
Thanks | To try and answer your questions in order:
1. You can change the details whenever you like, personally I changed mine during enrollment. I did it with two accounts and they are both still working almost 3 months later. I also made another 1 yesterday. You can probably change the details before enrollment though, I doubt it will make much difference
2. On the bank page you use the same name as the account. So if you use your real name when enrolling for MP then you must use your real name for the bank details. However, the names on the ebay account and the actual bank account itself DO NOT need to match! I am running mismatched banks with no issues so far although I am not using my own details. If you are using your real name then your bank will likely match.
3. I think the phone number is fine, I wasn't asked to verify it at any stage and I don't think there is any need to change it. My accounts are still running on the UK sims I opened them with.
4. Depending on your ability to replace your account should it go down, I would probably recommend not selling high risk items. If you absolutely must do it then I would recommend waiting a few months to build up some stability and then sell them in "bursts". For example I sell one or two shady items that give high profit. I usually list them for about 4 days, make about 50 sales and then unlist them for a few weeks and then do it again. That way you can regularly sell high risk items with a much lower risk of VERO. The risk is never zero though, so only attempt that method if you can afford to potentially lose the account. Also if you are selling high risk items for 10 years from a stealth account then they maybe aren't as high a risk as you think they are?
In summary, if your plan is to put your own real details onto the account then you don't have very much to worry about. Just enroll to MP, enter your details, enter your bank details and you should be fine.
I hope this is helpful and best of luck
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