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-   -   paypal names on account and withdrawing funds to bank account (https://www.aspkin.com/forums/uk-paypal-talk/29031-paypal-names-account-withdrawing-funds-bank-account.html)

beckybexta 03-10-2011 11:21 AM

paypal names on account and withdrawing funds to bank account
 
I am wanting to set up a new ebay and paypal account in my best friends name, she has given me permission so all is good there. What i am concerned about is then linking this paypal account which will be in my friends name, to my bank account. I understand from the stealth guide that paypal can't check the name on your bank account, they are only checking for new sort code and account number, however it mentions that some banks don't like receiving electric funds from different names. So if the paypal account is in my friends name, and i try and withdraw the funds into a bank account in my name, will this potentially cause problems with my bank ? will they know the paypal acount is not in my name ?

Thanks in advance

Beckybexta

Imakemoney 03-10-2011 05:00 PM

in my opinion you should not use your friends name.

what bank account will you be using?

the ones i know of that it doesnt matter using a stealth name are Cooperative and Natwest from my experience. Troublesome ones ive heard of are Lloyds and santander.

and thats right the bank will not give out your details to paypal.

Zulkifli 03-10-2011 09:33 PM

Quote:

Originally Posted by Imakemoney (Post 210473)
in my opinion you should not use your friends name.

what bank account will you be using?

the ones i know of that it doesnt matter using a stealth name are Cooperative and Natwest from my experience. Troublesome ones ive heard of are Lloyds and santander.

and thats right the bank will not give out your details to paypal.

Do you mean don't use friend's name bank account?

Prefer to use our own name bank account? Because the bank won't share our details to PP?

motorfinger 03-10-2011 09:57 PM

Quote:

Originally Posted by Zulkifli (Post 210514)
Do you mean don't use friend's name bank account?

Prefer to use our own name bank account? Because the bank won't share our details to PP?

Won't work for Indonesian
I've tried before and no luck, the fund reversed :(

Imakemoney 03-11-2011 08:45 AM

Sorry im not sure with your country.

However with the UK you may as well just use your own bank accounts as paypal wont know what names on the account.

Just make sure you pick a bank that accepts DD from stealth names such as Cooperative and Natwest.

beckybexta 03-12-2011 04:36 AM

Only my own name?!
 
Quote:

Originally Posted by Imakemoney (Post 210473)
in my opinion you should not use your friends name.

what bank account will you be using?

the ones i know of that it doesnt matter using a stealth name are Cooperative and Natwest from my experience. Troublesome ones ive heard of are Lloyds and santander.

and thats right the bank will not give out your details to paypal.

Do you advise not to use stealth names at all? Or just because it's my friends name you advise not to use it? So do you recommend just variations of my own name? Thanks


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