Forum

Cashing out once you have run out of bank accounts.
 

I haven't got a dead account from Paypal yet however would like to know the answer to this question, if possible.

Once a paypal account has crashed and burned. That bank account can not be used again right? Or can it?

If the case is that the bank account cannot be used, do the majority of experienced stealthers here keep on closing and opening accounts with the bank, or do the majority of you use other cash out methods (this IMO i think is solution to those of you with 100's of accounts, but could be wrong.)


Also, quite noobish but boggling question, can two paypal accounts be linked through an eBay purchase in order to cash out?

Also, has there been a list made for UK banks which are safe for Paypal stealth? Actual/or online ones.

Once a PP has been limited, any information attached to it cannot be reused. This includes bank accounts.

A mixtures of techniques can be used, but using a bank account is the easiest and fastest method.

A one off purchase though eBay will cause a very small link between the accounts, lots of large value purchases between the same accounts will cause a stronger link. Its advised not to do this.

So the more practical/common method for stealth would be to close and open bank accounts, is that what you're saying?

What on earth would be pratical or common about opening/closing bank accounts to operate in stealth?

The more sensible method would be to run accounts in such a way that this should rarely be required.

What is needed from the start is a sensible business plan.

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Right, i was under the assumption that most stealth accounts do not pass 1-2 years or get limited, but i was wrong here.

My stealth accounts are over 4 years old.

They will last as long as real accounts if operated sensibly.

Start to learn and realise this right now.

We have ebay accounts and paypal accounts that we run like a business.

The difference is they are made as stealth.

That does not mean there is a short life span.

Few of us replying to you burn & turn accounts.

We have ours for the long haul.

They are ebay/paypal accounts merely made in stealth condition.

Just as important as money makers of real accounts, imo.

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Yeah i am familiar with that, however are there not users on this forum with 10-20 accounts running at once? Or as i've heard people having as much as 700 accounts run in the past. I cant see how people run up to 20 accounts in one go if most UK banks reject transaction for stealth names.

Right now, I know that Santander and Natwest (sort of) is safe.

Not true.

Only Lloyds is really known to be a bad choice for stealth.

I have found the co-operative bank current accounts work fine.

You can open accounts with them online.

95% of UK banks are fine

Lloyds and Card One are known to have issues

HSBC, Natwest, RBS, Santander, Co-Op, Smile, Yorkshire, Tesco, Halifax, Barclays, BOI, BOS, M&S Bank, Nationwide, Coventry, Leeds, ect ect are all fine. There must be at least 60+ different banks that you are fine with, each of them you can have 2 or 3 accounts with. Thats a lot of bank accounts.#

Do bare in mind, not all of these can be used to verify PP.

I was first thinking there was a contradiction in that post. But if that's the case, I can use the mentioned banks once PP is verified with a VBA is what you're saying , correct?

No such thing as a UK VBA.

Some of these banks mentioned could be used to withdraw on an already verified paypal, eg a purchased one.

Right no such thing as a UK VBA, however can a VBA be used to verify a UK stealth PayPal account?

You also state now that some of the banks mentioned, however in the previous post you state they are all fine. :confused::s

Why do people fall for these 700 accounts stories?

What anyone must do is work out their own comfort level for doing stealth.

If it is one account that is fine, if it is four, that is fine.

What matters is operating any account to keep it going.

These are the nuances of being stealth.

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All are fine for mismatched names but not all can verify. Tesco Saver would be one in that category.

Only a UK bank account can verify a UK paypal account.

If you find a suitable VBA be sure to let everyone know.

By spreading out sales and operating slowly, you can have long lasting accounts.

You need to explore other ways of cashing out the PP as well. Takes time and practice.

You dont half say some daft things....

Old saying around here..... think outside the box.

Why assume that a user running 20 accounts may have 20 bank accounts?
Options exist to work around that.

Say i make a stealth account in a trading name, what bank in the UK is going to reject said trading name? Bank account is fully operative, ableit stealth.

None that I know. Once you get that subscription going, you can go back over the Bank lists.

And quite a bit of other info is in the Subscribers area too.

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