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-   -   Withdrawing from paypal uk method (https://www.aspkin.com/forums/uk-paypal-talk/74163-withdrawing-paypal-uk-method.html)

OlaTim 06-05-2014 07:24 AM

Withdrawing from paypal uk method
 
I have recently set up a new Stealth ebay and Stealth paypal account.

How do i withdraw money from my stealth paypal.

I do not want to send money from my stealth paypal to my original one, as people have had various success with this method and it seems risky seeing as i still use my other paypal for things other than ebay.

I have a VCC but PayPal doesnt let you withdraw money onto a creditcard anymore.

I have spent have spent looking but am yet to find any answers.

Do i have to set up a new normal bank account with my real name and address?

I need the money urgently to pay off my ebay seller fees debt, I am a student with no other source of income and I am losing sleep over this.

easy.bake.oven 06-05-2014 09:36 AM

re: Withdrawing from paypal uk method
 
You can add you own bank account and withdraw to your bank account.

ilcarletto 06-05-2014 09:43 AM

re: Withdrawing from paypal uk method
 
Quote:

Originally Posted by OlaTim (Post 558002)
Do i have to set up a new normal bank account with my real name and address?

This is the best way of doing it.
Paypal will not see who you are from the bank account.
Try not to withdraw 2000$ in one go on a new account anyway.

Ibraheem98 06-05-2014 12:43 PM

re: Withdrawing from paypal uk method
 
Have you read the stealth guide? If not, I recommend it.

You need to make a bank account with your legitimate information, if you didn't that would be fraud.

Make sure to make a new bank account with a bank such as HSBC, and make a BASIC BANK ACCOUNT. These work best with Stealth PayPal's.

PayPal cannot see your name on the bank account, and with these basic bank accounts you have opened, they won't care about the name mismatch.

ONLY USE THE BANK ACCOUNT TO WITHDRAW MONEY, NEVER EVER PAY WITH IT AS PAYPAL CAN SEE THE NAME ON THE ACCOUNT IF YOU DO.

Also, as the member above me said, don't withdraw all the money, for your first withdrawal, do only a small, but good amount.

OlaTim 06-05-2014 06:22 PM

Thanks a lot. Got it.


Which banks would you advise? In terms of best service and ease of setup.



Also another thing..... Which type of bank account should I use?? What's the difference between using a saver, and a basic current account?


Can I set up several savers with one bank, which will give me a different account number and sort code for each one?


Thanks again for the help, appreciate it so much. Very excited to get back on ebay, I've been BROKE every since they banned me

OlaTim 06-05-2014 06:52 PM

re: Withdrawing from paypal uk method
 
Quote:

Originally Posted by Ibraheem98 (Post 558056)
Have you read the stealth guide? If not, I recommend it.

You need to make a bank account with your legitimate information, if you didn't that would be fraud.

Make sure to make a new bank account with a bank such as HSBC, and make a BASIC BANK ACCOUNT. These work best with Stealth PayPal's.

PayPal cannot see your name on the bank account, and with these basic bank accounts you have opened, they won't care about the name mismatch.

ONLY USE THE BANK ACCOUNT TO WITHDRAW MONEY, NEVER EVER PAY WITH IT AS PAYPAL CAN SEE THE NAME ON THE ACCOUNT IF YOU DO.

Also, as the member above me said, don't withdraw all the money, for your first withdrawal, do only a small, but good amount.


Does this also mean I shouldn't use the bank account to pay my seller fees??

If so do I just leave funds in my PayPal to pay the seller fees?

ilcarletto 06-06-2014 02:04 AM

re: Withdrawing from paypal uk method
 
Quote:

Originally Posted by OlaTim (Post 558128)
Does this also mean I shouldn't use the bank account to pay my seller fees??

If so do I just leave funds in my PayPal to pay the seller fees?

:nono: no don't use bank account to pay sellers fees. This way your name show up.
Leave some money in paypal also to eventually refund customers for returns.

GreenBean 06-06-2014 02:46 AM

Re: Withdrawing from paypal uk method
 
Quote:

Originally Posted by OlaTim (Post 558122)
Thanks a lot. Got it.


Which banks would you advise? In terms of best service and ease of setup.



Also another thing..... Which type of bank account should I use?? What's the difference between using a saver, and a basic current account?


Can I set up several savers with one bank, which will give me a different account number and sort code for each one?


Thanks again for the help, appreciate it so much. Very excited to get back on ebay, I've been BROKE every since they banned me

At some point, you need to READ the forum as well. All of these questions are answered on the forum.

Avoid savers and go for basic accounts.

Be aware now that paypal uk has many glitches so you may have troubles from time to time.

What I would strongly suggest right now, is not making any new account until you are sure of what to do.

Come back to the forum and post your plan. That way we can help you.

There's more to just a bank account. You need a new address, computer must be sorted, images of listing fixed.

Good Luck and feel free to pm me anytime.

:mod:

zagy123 06-06-2014 08:38 AM

Re: Withdrawing from paypal uk method
 
Quote:

Originally Posted by Ibraheem98 (Post 558056)
Have you read the stealth guide? If not, I recommend it.

You need to make a bank account with your legitimate information, if you didn't that would be fraud.

Make sure to make a new bank account with a bank such as HSBC, and make a BASIC BANK ACCOUNT. These work best with Stealth PayPal's.

PayPal cannot see your name on the bank account, and with these basic bank accounts you have opened, they won't care about the name mismatch.

ONLY USE THE BANK ACCOUNT TO WITHDRAW MONEY, NEVER EVER PAY WITH IT AS PAYPAL CAN SEE THE NAME ON THE ACCOUNT IF YOU DO.

Also, as the member above me said, don't withdraw all the money, for your first withdrawal, do only a small, but good amount.

Does it mean i can not sent money from my bank account to my PP account? i did it twice in the last week. can PP see my real name from the bank account when i do that?

Ebayorbust 06-06-2014 08:59 AM

Re: Withdrawing from paypal uk method
 
Quote:

Originally Posted by zagy123 (Post 558229)
Does it mean i can not sent money from my bank account to my PP account? i did it twice in the last week. can PP see my real name from the bank account when i do that?


That's correct.

The bank account name shows when a transfer goes from your bank to your paypal account.

Best to stop doing it. If your account ever gets a manual review they may spot it and take action.

zagy123 06-06-2014 09:59 AM

Re: Withdrawing from paypal uk method
 
so i can use my Entropay card to fund my PP? or not? every advice will be much appreciated.

Ebayorbust 06-06-2014 10:12 AM

Re: Withdrawing from paypal uk method
 
Quote:

Originally Posted by zagy123 (Post 558249)
so i can use my Entropay card to fund my PP? or not? every advice will be much appreciated.

You don't upload funds from Entropay.

When you want to buy something, you select the Entropay card as the funding source at checkout (assuming paypal balance is insufficient). The card is charged directly via paypal.

rsot 06-06-2014 10:43 AM

Re: Withdrawing from paypal uk method
 
Quote:

Originally Posted by zagy123 (Post 558249)
so i can use my Entropay card to fund my PP? or not? every advice will be much appreciated.

You use Entropay when you want to make purchases.
You should only use your bank to withdraw from your PP.

Which bank are you using?

zagy123 06-06-2014 11:44 AM

Re: Withdrawing from paypal uk method
 
Barclays. thank you for advice.

zagy123 06-07-2014 01:22 AM

Re: Withdrawing from paypal uk method
 
do you guys think will be safer if i make another PP acount? after all that i have done? x

Ebayorbust 06-07-2014 01:43 AM

Re: Withdrawing from paypal uk method
 
It is always good practice to have more than one stealth account. Even if you are a casual seller, having two accounts would be the bare minimum. If one gets suspended then the other is there to use whilst a replacement is created.

If they spot the mismatching name on those bank transfers, the normal process is for them to remove the bank account and possibly request ID. It does not necessarily spell the end of your account.

Definitely get a couple of back up accounts created. Just in case. ;)

zagy123 06-07-2014 02:43 AM

Re: Withdrawing from paypal uk method
 
and one more question. can ebay see which name is the PO box registered to?

Ebayorbust 06-07-2014 03:38 AM

Re: Withdrawing from paypal uk method
 
Quote:

Originally Posted by zagy123 (Post 558423)
and one more question. can ebay see which name is the PO box registered to?

With a Royal Mail PO Box, the real name on the PO Box can easily be found. Use private mail forwarding.

zagy123 06-07-2014 07:41 AM

Re: Withdrawing from paypal uk method
 
Quote:

Originally Posted by Ebayorbust (Post 558240)
That's correct.

The bank account name shows when a transfer goes from your bank to your paypal account.

Best to stop doing it. If your account ever gets a manual review they may spot it and take action.


can PP see my DOB on the bank account? the dob on the PP account is stealth but on the bank account is not. i just want to know have i messed up everything on this account. thanks

Ebayorbust 06-07-2014 07:53 AM

Re: Withdrawing from paypal uk method
 
If you only withdraw funds from Paypal to the bank account then Paypal can ONLY see the account number and sort code - nothing else.

If you upload funds from the bank account, they can see the name on the bank account (as you have done).

rsot 06-07-2014 09:28 AM

Re: Withdrawing from paypal uk method
 
Quote:

Originally Posted by Ebayorbust (Post 558429)
With a Royal Mail PO Box, the real name on the PO Box can easily be found. Use private mail forwarding.

Very nice clarification :)


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