Forum

Paypal ' MASTER ' account
 

I'm thinking of opening a Paypal 'master' account that i will not link with an ebay account.

I will transfer money from my ebay linked paypal accounts to my master paypal account in order to withdraw funds to my bank account.

The advantage of doing this means that when my ebay account becomes suspended i do not keep having to open up a new bank account , only a new entropay account.

The only negative i can suggest is when paypal see that money is being transfered to a paypal account from various other paypal accounts that are linked to suspended ebay accounts they might suspend my master paypal account - even if there is no proof .

Your thougts please ............

Does no one have any thoughts on this idea ?

Likely no one answered because they did not want to upset you. What will/does happen is that the Master account becomes 'linked' by virtue of the transfers of money from the other accounts. OK, so you say they is no proof they are related. Well on the surface it will look like that it is simply money transfers between accounts. But if one account gets limited (and looked at closely) then there's a follow on to the other accounts.
Think of dominoes.

When you transfer large amounts of money from 1 paypal to another, they want to know what the purchase is for.

I lost 2 accounts with my name on them because this was termed as 'money laundering'

Honest mistake (the CSR I spoke to told me this is how I should withdraw my $5000US as I didn't have a CC to lift the $500/month limit in the country that account was on - this is 2 years ago before I knew about VCCs).. and even 2 years later when I've told them this and asked kindly, they still wouldn't let me use them again.