Forum

:nono:Lloyds & Barclays & HSBC:nono:

Follow the GrannyT! :)

The banks mentioned are not recommended.

Ideally current accounts from High Street banks work. And correctly chosen, ideal for stealth. :spy:

What is the problem with LLoyds? i am just in the process of setting up stealth with lloyds? don't want to waste my time

They don't like deposits in other names - there are much better options than Lloyds. The only time I have had trouble with banks is with Lloyds

OK, i have gone down the nick name route so should be OK, same surname and variation of first name>

I had no problems with Barclays .After 6 ebay acc suspended and 1paypal the only thing left is the Paypal verified by Barclays current acc.Still running .No problems .The only issue i had was a couple of moths ago when i was to my country on holiday and made some payments and received payments then paypal just call me and ask me how are and what am i doing.i said no worry Iam on holiday and just made that payments.And thats all for more than 8months.

Deposits come in in 2 days not more.Never had problem.

i am currently setting up a basic account with natwest. I recieved a letter which asked me to confirm the details and send it back to them so they can open up my account, but, they also asked for proof of identity (passport etc.) and my address (driving licence etc.). I set up the account under a nickname that does not match the name i have on my passport and and driving licence, (everything else matches- only my name is different). an example would be if my real name was john wilson i would setup an account under the name of jonathon marcus wilsson (change the spelling and add a middle name)

can anyone tell me if they will accept the documents as mine or should i start from scratch and give all of my real details including my name. Also, if i do use my real name, will this cause problems with paypal as i have previously been banned using my real info? I know that paypal cannot see my address through my bank account so that should not matter but it is mentioned in the stealth guide that the name on the bank account should match that of the paypal account that you set up.

However, i have also read on the forum that you can set up a real bank account with all the correct info (name, address, everything) as long as you don't put money into your paypal account from your bank account, as paypal cannot see your name or address on the bank account attached.

this topic has been discussed a number of times but i am really stuck on what would be the best solution as people are saying different things and i would love a definitive answer to what is the correct way to set up an bank account that will be used on a stealth account.

can anyone please confirm the best solution and if a natwest basic account is a good account to use with a stealth account?

Thanks

Surely you cannot go into any high street bank and setup a normal current account with a 'nickname' or variation of a name... every criminal under the sun would be doing that to start their laundering process...!?!!!

@hdavey10

thanks for the advise mate, i just want to know whether i will get linked in anyway for using my real details on the bank account setup, and the name on the bank account not matching the name on the stealth paypal account.

@alonso231

If ive been reading round this forum correctly, as long as youre not adding funds to paypal from the bank account they cant see the name. As long as the card details are different.

My account was limited 6 months ago (oh im due some money from paypal soon 180 days!) anyway, i currently use the mrs paypal and everything as its quite a good account and I sell slowly but surely. To save the trouble of her keep doing bank transfers etc im going to open a joint account and put that on and remove hers but the joint account will still have my name on, which would be the same name as my limited account. I just wont deposit from bank --> Paypal.

my 2 accounts with Barclays works perfect.

about Lioyds , as one of the member here mention before , you have to ask them at the branch to do something in there system so you can receive money from pp.

for some reason they dont want to work with ebay/paypal.

thanks for the advise hdavey10. i am gonna go to natwest tomorrow with all the correct docs and info and set up an account.

Just out of curiosity, do you use the same home address on your wife's account as the one that was limited on your name (sorry if i am being nosey)

Your not being nosey, im new here aswell but just pick up stuff trolling these forums lol.

No she has a completely different address because her account is all her real information, she got limited twice for selling vero and was reinstated twice. God knows how.

Ask a more senior member with lots more experience, im still yet to read eBay stealth

I totally disagree with this, using Lloyds now absolutely fine havent told them to do anything and deposits are done in 2 days.

ok,but did you use your own name?or stealth name?

Im using my my mrs name so its a legit account, I didnt realise you meant they dont like it for stealth accounts.

Just signed up for a NatWest Basic Account for when I eventually get round to reading stealth.

What other types of NatWest accounts are OK to use..?

Select account? Could I open one of these as-well and work fine with stealth?

Any that accept Direct Debits....

anyone had any success with coventry building society, i have a current account with them (even though its a building society) and wondered if it would sneak through...

thoughts?

cheers

As long as they can accept debits from a different name to the name your bank account is in youll be fine.

Other no, and some accounts run the risk of losing the funds I think.

i would not recommend using lloyds

Unless its an account with legit info..