What bank in the uk does paypal use? - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > International eBay & Paypal Discussions > UK eBay & Paypal > UK PayPal Talk

UK PayPal Talk General issues related to UK Paypal

Reply
 
Thread Tools
  #1  
Old 08-26-2010
Junior Member
 
Join Date: Aug 2010
Posts: 61
Thanks: 2
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 77%
iTrader: (0)
Default What bank in the uk does paypal use?

Hiya

Just a little theory I had, if you bank with natwest and your friend does, then a transfer is instant. Then of course we now have the fp (fast pay) network for bank transfers which a select amount of uk banks are subscribed to.

What I am pondering is if paypal use for example, hsbc here in the uk and you bank with hsbc then in theory you should recieve your withdrawals a lot faster, probably as soon as you get the "complete" status.

So can anyone shed any light on who in the uk paypal use for there banking facilities, what bank does or withdrawals come from exactly?

Feedback welcome
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 08-26-2010
Senior Member
 
Join Date: Jul 2010
Posts: 100
Thanks: 6
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 78%
iTrader: (0)
Default

A good point you have raised but i feel paypal would rather configure their bank and payment system to be non-instant irrespective of FP. Their excuse would 'fraud prevention'
Reply With Quote
  #3  
Old 08-28-2010
Junior Member
Threadstarter  
 
Join Date: Aug 2010
Posts: 61
Thanks: 2
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 77%
iTrader: (0)
Default

This is true but this phase of fraud prevention is the time it takes from the status of

"pending"

to

"complete"

Once we have the complete status it has now left paypal and a wire transfer instructed. If at this point you have the same bank it would hit quicker, we have many examples of some people getting there funds faster from the complete point then others.

Feedback welcomed
Reply With Quote
  #4  
Old 09-19-2010
Senior Member
 
Join Date: Sep 2010
Posts: 904
Thanks: 50
Thanked 116 Times in 99 Posts
Activity: 0%
Longevity: 77%
iTrader: (0)
Default

I don't know but I have noticed with barclays payments tend to be a lot faster than the other banks I have tried.
Reply With Quote
  #5  
Old 07-02-2014
Junior Member
 
Join Date: Jul 2014
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 53%
iTrader: (0)
Default Re: What bank in the uk does paypal use?

Quote:
Originally Posted by isitworththestress View Post
I don't know but I have noticed with barclays payments tend to be a lot faster than the other banks I have tried.
PayPal uses Barclays Corporate as their bank in the UK but you can't walk in their and pay direct to the account you still have to use a domestic payment via your bank but it would explain why Barclays clears quicker
Reply With Quote
  #6  
Old 07-04-2014
Senior Member
 
Join Date: Sep 2010
Posts: 904
Thanks: 50
Thanked 116 Times in 99 Posts
Activity: 0%
Longevity: 77%
iTrader: (0)
Default Re: What bank in the uk does paypal use?

Yeah that figures, the only bank in the UK that will accept bad debtors as clients. lol

Last edited by GreenBean; 07-04-2014 at 02:36 AM.
Reply With Quote
  #7  
Old 07-04-2014
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 71,930
Thanks: 5,701
Thanked 8,538 Times in 7,839 Posts
Activity: 100%
Longevity: 81%
iTrader: (7)
Default Re: What bank in the uk does paypal use?

@rickie, for a first post you unearthed a really old thread hah - props
Reply With Quote
  #8  
Old 07-04-2014
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 42,343
Thanks: 5,612
Thanked 9,136 Times in 7,105 Posts
Activity: 0%
Longevity: 96%
iTrader: (6)
Default Re: What bank in the uk does paypal use?

Wow- good pick up- rsot

Reply With Quote
  #9  
Old 08-28-2014
Junior Member
Threadstarter  
 
Join Date: Aug 2010
Posts: 61
Thanks: 2
Thanked 1 Time in 1 Post
Activity: 0%
Longevity: 77%
iTrader: (0)
Default Re: What bank in the uk does paypal use?

Wow! Only took 4 yrs for a reply I've been sat here waiting lol

No truth is I've not been on this forum in 6+ months and just happened to pop on before and see this thread. Can't believe how fast 4 yrs can fly by!
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Withdrawing to a UK Bank Account from Paypal - Do bank details have to match ? stormrider100 Subscriber Discussions 20 07-08-2011 12:31 PM
Paypal bank deposit with bank of america hangten Credit Card Alternatives 18 01-03-2011 04:36 PM
Paypal withdraw funds to my bank / bank hold angelinatl Paypal Limited 19 06-12-2009 10:22 PM
Etrade Bank Accounts Rejecting Bank Transfers? Exeneva Credit Card Alternatives 0 12-01-2008 10:32 PM
Why does Paypal ask for name of bank? koalawash PayPal Talk 11 02-08-2008 05:12 PM


Aspkin Group

All times are GMT -5. The time now is 10:47 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58