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Do you need a bank account?
 

To start a new ebay and paypal account do you need a bank account to verify or can you just use a prepaid card? I cant really understand it in the book.

Any help much appreciated!

Only a bank account works to verify your PayPal and start selling on eBay. A card will not do this. So open as many bank accounts as you intend to open stealth accounts, add them to your PayPal account, and then link the PayPal to your eBay account. Once you do that you are ready to go.

If you need bank accounts then ask for "basic" accounts with no credit check or score. I recommend the Barclays Cash Card account. Deposits go in very quickly and it should be no problem to open up multiple accounts at once (I personally managed 5...).

But do you put those accounts in your real name or a nickname?

ALWAYS open bank accounts in your real name.

But what if Paypal see it?

They don't if you use the right banks and ensure that they never draw money from the account

So like entropay online bank?

Did you actually read the book???

You can search the forum for all the questions you are asking

Can you clarify your question about EP?

Yes I've read the book 3 times actually!

I just need some assistance on the whole prepaid card and bank account part,don't get that bit tbh, not explained very well. It doesn't tell you for example if sites such as netspend and entropay can vetifyyour acccount? Or IS it only the santanders and Barclays of this world? What if you already have loads of accounts with those companies limited? Do you spell your name differentlu on these accounts to your Paypal?

You may have read but you don't seem to be understanding anything really.

En tro pay is not an online bank nor can it verify a p/p account.

Giving false information to banks will land you in jail, that is illegal

Keep reading it until you grasp the principles and then come back and get clarification on your plan.

TBH you're not likely to get many straight answers at this stage.

Go research and come back with a plan

You need a UK bank account to get your PP verified.

Your bank account needs to be in your real details, PP won't see it unless they make a withdrawal from the account.

I already explained the situation to you in the first post. Why did you not take any notice of it?

Then you close them down and open up some new ones. As simple as that.

Jesus Christ, you surely seem to enjoy people repeating themselves. It was already explained that you must open bank accounts in your real details. Any attempts to do otherwise would constitute fraud and land you in prison. Use real details for your bank and phake details for PayPal. PayPal cannot see your bank details, so your phake PayPal details are not going to be a problem.

If you still ask the same questions after reading this, then I can only assume that you are a troll or an eBay/PayPal employee trying to rip the piss.

Give me a break mate I'm new to all this and I'm hearing different things from various sources that is why I'm asking all these questions!

I think I have a plan and will share this in the next few hours!

Thanks for the help

What's the plan - Share it with us then

The plan

Step 1 - create a new email

I will create a new email with gmail removing/adding a letter in my first name

Step 2 - sign up for a new Paypal account

I will register for a new Paypal using my brand new email and the same altered spelling in my first name. I shall not use the same home address linked with my limited Paypal account. I shall not link my number with my new account & will instead get a new Number.

Step 3 - pre paid debit/credit card
I will next sign up for a prepaid card which I will need help with from other members of the forum as I don't know what would be the best one for a UK seller like myself. For this account I shall utilise my genuine name, surname & address.

Step 4 - next I will link my Paypal account to my new prepaid card.
Is it ok to do this with the different name spellings in both accounts?

Step 5 - next I shall add a bank account

Now this is the part I am having troubles to comprehend with!
What do I do?
Isit something to do with the company of my prepaid card?
I am in need of some assistance in this step

Is this the right way to go ?

Any help and advice is as usual much appreciated!

Ahh.... don't add everything into the mix and confuse yourself.
I see you are confused about the bank part.
OK, think of it as a separate entity from the card.

So you have your VCC and you use that to verify/confirm Paypal.

Then you have your bank, which is opened in your REAL NAME AND ADDRESS, and you link it to your Paypal.

When you go to your bank, you will need to show them real documents with your real name and address and these real details will be on your bank account. This is the only way to ever open any bank any where.
Don't worry about this real name and address. Paypal does not see them.
Paypal only sees your account number.

When you link your bank to Paypal, on the PAYPAL page for your bank info, you will put in your ⊗⊗⊗⊗ Paypal and eBay account name and address and stuff. And put in your bank account number. In the name field, they will write that you need to make sure this name is the correct name that your bank has or there will be a £x fee. IGNORE THIS; it is not true if you are using the correct bank. Your need to enter your ⊗⊗⊗⊗ Paypal name and not your real bank name on the Paypal bank details page. Get it? They will send 2 payments to the account number and you will then enter the figure e.g. £0.23, etc. on the Paypal page to verify and link your bank.

After that you are good to go.
You can withdraw the funds from Paypal to your bank and Paypal will not see your real name and address on your bank... and you will get the funds in your bank.
ONE THING TO TAKE NOTE NEVER TO DO.
The funds can only go in a one-way traffic manner FROM Paypal to bank.
NEVER let the funds go FROM bank to Paypal... this will give Paypal your real name and address info.
TO ensure that PP does not withdraw funds from your bank, always make sure you have sufficient funds in your PP to pay for refunds and fees and whatever you use PP to purchase.

That's all to it.
Don't think too much and confuse yourself and worry unnecessarily.
I hope you understand it now.
I don't know how else to explain it better really.

Thankyou

It does make sense what most people are saying on here but the confusion comes from hearing different things from various other people that and also people on youtube saying another completely different thing.

But thanks

Ignore Youtube and ask your questions on this forum........

I see that you are getting there but take each step at a time and read the guide again and again................Go through the forum and you'll see that your answers are there...

Trust this forum.

Youtube is music only :nono:

Son, you NEED to Slow Down, you may have read the stealth guide 3 Times, but it is clear that you did NOT understand it once,,,,Take your time, it will all come together, I assure you, and remember, we will be here to help you,

1. Gmail account can be any name you like. Don't mess around with name variations.

2. As above. Don't mess around with name variations.

3. Choose the right card and you can have any name and address you like on it.

4. Dont mess around with name variations.

5. p/p do not see the name on the bank account providing you never let them take money from it by DD or using it for instant payment. Thats what prepaid cards are for.

Summary: You've still got a lot of work to do but the basic foundation is there.

Now it is vital you put the right pieces into it.

Yeah, don't look at youtube or any other forum and sources.
Perhaps their methods may work, I don't know as I've never looked at them.
But look, you bought your stealth book from here and you've read it 3 times so stick to this method.
You cannot take a dozen different recipes and integrate all of them to cook a dish, can you? Unless you are a really good experienced chef, of course.
So just take one recipe and follow through it step by step... just like cooking, and you will be able to get your eBay stealth account dish prepared well.