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- - PayPal UK Banks?
( https://www.aspkin.com/forums/uk-paypal-talk/77347-paypal-uk-banks.html)
| yaseen46 | 09-12-2014 01:04 AM |
PayPal UK Banks?
Hello,
I would like to know which Uk banks you recommend for PayPal? Which I can apple online and get into quicker without no hassle.
Thanks a lot. |
| GreenBean | 09-12-2014 04:16 AM |
Re: PayPal UK Banks?
Quote:
Originally Posted by yaseen46
(Post 587398)
Hello,
I would like to know which Uk banks you recommend for PayPal? Which I can apple online and get into quicker without no hassle.
Thanks a lot.
| Do you have any accounts at the moment?
Depending on them , you can get more accounts online.
I use the following with success
RBS
NatWest
I also prefer to have current accounts or basic accounts. THey make my use with paypal much easier.
Avoid Lloyds, imo.
Others should chime in too
:amen: |
Re: PayPal UK Banks?
HSBC also works- just be aware of possible deposit requirements |
| yaseen46 | 09-12-2014 08:33 AM |
Re: PayPal UK Banks?
Quote:
Originally Posted by GreenBean
(Post 587418)
Do you have any accounts at the moment?
Depending on them , you can get more accounts online.
I use the following with success
RBS
NatWest
I also prefer to have current accounts or basic accounts. THey make my use with paypal much easier.
Avoid Lloyds, imo.
Others should chime in too
:amen:
| Nah I used them all with PayPal and their limited now so I need a new bank. |
| yaseen46 | 09-12-2014 08:33 AM |
Re: PayPal UK Banks?
Quote:
Originally Posted by rsot
(Post 587436)
HSBC also works- just be aware of possible deposit requirements
| are they easy to get into? |
| Callidus | 09-12-2014 08:41 AM |
Re: PayPal UK Banks?
HSBC, Santander, RBS, Ulster Bank, Natwest, BOS, Halifax, Yorkshire Bank.
Ulster is a real beaut! :thumb: |
| GreenBean | 09-13-2014 06:33 PM |
Re: PayPal UK Banks?
Quote:
Originally Posted by yaseen46
(Post 587480)
Nah I used them all with PayPal and their limited now so I need a new bank.
|
No, dont be put off by that.
All you need is a new account number.
You can have the same Sort code. As long as the account number is new, you should be fine.
Just confirm there have been no problems with these banks .
:amen: |
| GreenBean | 09-13-2014 06:34 PM |
Re: PayPal UK Banks?
Keep in mind, you also do not want to be opening too many bank accounts across the board.
Your existing banks should not give problems.
:ranger: |
| aspkin | 09-13-2014 07:33 PM |
Re: PayPal UK Banks?
Bank of Scotland, Co-operative Bank, Barclays Saver (may not like stealth names), Tesco Saver .. most UK banks are working fine. You want a basic account however. |
| Mrkrabz | 09-21-2014 11:17 AM |
Re: PayPal UK Banks?
Quote:
Originally Posted by aspkin
(Post 587850)
Bank of Scotland, Co-operative Bank, Barclays Saver (may not like stealth names), Tesco Saver .. most UK banks are working fine. You want a basic account however.
| I'm using Halifax without problems just now, does tescos allow you to create "Easy Saver" accounts for new account numbers? |
| lone_urban_wolf | 09-21-2014 03:30 PM |
Re: PayPal UK Banks?
Quote:
Originally Posted by GreenBean
(Post 587830)
No, dont be put off by that.
All you need is a new account number.
You can have the same Sort code. As long as the account number is new, you should be fine.
Just confirm there have been no problems with these banks .
:amen:
| Do you know if i close a paypal account, can i use the bank account that was linked to in again in the future with another paypal account? or do PP keep the account number data on file?
thanks, LUW |
| JamesNorth101 | 09-21-2014 04:32 PM |
Re: PayPal UK Banks?
Bank accounts cannot be reused. |
| xShevaa7x | 09-21-2014 05:36 PM |
Re: PayPal UK Banks?
I'm using Halifax. They allow you to make accounts online which I just use to withdraw into from paypal and then transfer to my main account. I leave 1 pound in each of them and I have had no problems for a year now. But I have been with Halifax since I was a kid, so maybe that gives more trust. I have 5-6 accounts, not going to be opening more, though as that might be a risk.
You can close them anytime and then open new ones.
Online Savers
Positives:
Easy to open
Fast - you can make the bank account and then add it to paypal instantly. (At least for me I have done this 5 times)
Cheap - costs 1 pound to open an account
No overdraft so paypal can't take your money
Verify instantly with paypal because of online banking
Negatives:
If you're up late at night like me it can be annoying sometimes. Halifax like to do their maintenance and updates at night time, so it's regularly down at 2-6 am on random days. |
| isitworththestress | 09-21-2014 06:52 PM |
Re: PayPal UK Banks?
Quote:
Originally Posted by yaseen46
(Post 587480)
Nah I used them all with PayPal and their limited now so I need a new bank.
| Can you not try opening a new account with the banks you have at the moment, as long as you had no issues with them? |
| JamesNorth101 | 09-21-2014 07:26 PM |
Re: PayPal UK Banks?
Quote:
Originally Posted by xShevaa7x
(Post 590118)
I leave 1 pound in each of them and I have had no problems for a year now.
| It is always worth trying to keep more than the bare minimum in the savings accounts.
I try to leave 25% of anything I transfer into the savings account from PP in the savings account to build up a nice sum |
| xShevaa7x | 09-21-2014 07:36 PM |
Re: PayPal UK Banks?
Quote:
Originally Posted by JamesNorth101
(Post 590135)
It is always worth trying to keep more than the bare minimum in the savings accounts.
I try to leave 25% of anything I transfer into the savings account from PP in the savings account to build up a nice sum
| True, but I don't think they mind because all of my money is within the Halifax system. Maybe if I was transferring it over to a rival bank they may not be as forgiving. |
Re: PayPal UK Banks?
Quote:
Originally Posted by lone_urban_wolf
(Post 590098)
Do you know if i close a paypal account, can i use the bank account that was linked to in again in the future with another paypal account? or do PP keep the account number data on file?
thanks, LUW
| They keep the info - you cannot re-use |
| RetroRedneck | 09-22-2014 03:35 AM |
Re: PayPal UK Banks?
Quote:
Originally Posted by xShevaa7x
(Post 590118)
I'm using Halifax. They allow you to make accounts online which I just use to withdraw into from paypal and then transfer to my main account. I leave 1 pound in each of them and I have had no problems for a year now. But I have been with Halifax since I was a kid, so maybe that gives more trust. I have 5-6 accounts, not going to be opening more, though as that might be a risk.
You can close them anytime and then open new ones.
| Re Halifax accounts; do you open new ones via the sign up page? Or do you create extra from within an existing account? |
| Callidus | 09-22-2014 03:47 AM |
Re: PayPal UK Banks?
Quote:
Originally Posted by RetroRedneck
(Post 590224)
Re Halifax accounts; do you open new ones via the sign up page? Or do you create extra from within an existing account?
| Within is easier - pre completes a lot of the information rather than needing to type it all into the online form. :thumb: |
| donkeykong2012 | 09-25-2014 03:47 PM |
Re: PayPal UK Banks?
Can someone clear something up for me please?
I was under the impression that a Savings Account required a Direct Debit instruction as Paypal sets this up when verifying the account.
Or is the Direct Debit used only for sending money from the Bank Account to the Paypal Account?
I need to brush up on my knowledge of Savings Accounts!
Here is a list of Saving Accounts that use Direct Debits as of April 2014. Savings accounts deposits by Direct Debit? - MoneySavingExpert.com Forums |
| donkeykong2012 | 09-25-2014 03:55 PM |
Re: PayPal UK Banks?
I am just researching the Forum finding my own answers......Plenty of Info.... |
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