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Old 11-17-2004, 12:03 PM   #1
Magg
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paypal question

ive never tried this but...

if i have a verified business account, with a bank account added and a credit card..

if i add a bank account, but dont confirm it (IE: verify deposit amounts) can i still withdraw money to it? (IE: 4k)

that would make paying bills a lot easier, lol
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Old 11-17-2004, 04:44 PM   #2
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bump
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Old 11-17-2004, 04:48 PM   #3
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Quote:
Originally posted by Magg
ive never tried this but...

if i have a verified business account, with a bank account added and a credit card..

if i add a bank account, but dont confirm it (IE: verify deposit amounts) can i still withdraw money to it? (IE: 4k)

that would make paying bills a lot easier, lol
yes, but there's a very low limit.. like 500/month
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Old 11-17-2004, 04:48 PM   #4
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EDITED
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Old 11-17-2004, 04:50 PM   #5
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why not just confirm it?
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Old 11-17-2004, 04:52 PM   #6
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because its to pay bills, so its not my account, and i dont think anyone would want to risk giving up full access to withdraw unlimited funds from their bank acct.
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Old 11-17-2004, 04:52 PM   #7
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because its to pay bills, so its not my account, and i dont think anyone would want to risk giving up full access to withdraw unlimited funds from their bank acct.
I didn't understand that. And I read it thrice.
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Old 11-17-2004, 04:54 PM   #8
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i want to add the acct with the routing # and the acct # and direct deposit funds into it, bypassing sending a check or a wire.


thus, if what you say is correct, id have to verify the acct by confirming the 2 deposits, but doing so, would allow me to withdraw money from that account.
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Old 11-17-2004, 07:10 PM   #9
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Just about every bank offers free bill paying... so why complicate things, use that instead?
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Old 11-17-2004, 07:13 PM   #10
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takes to long
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Old 11-17-2004, 07:13 PM   #11
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Quote:
Originally posted by Magg
i want to add the acct with the routing # and the acct # and direct deposit funds into it, bypassing sending a check or a wire.


thus, if what you say is correct, id have to verify the acct by confirming the 2 deposits, but doing so, would allow me to withdraw money from that account.
I doubt they'd let you do that. But try. I don't think PayPal will like this idea
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Old 11-17-2004, 07:13 PM   #12
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Quote:
Originally posted by Magg
ive never tried this but...

if i have a verified business account, with a bank account added and a credit card..

if i add a bank account, but dont confirm it (IE: verify deposit amounts) can i still withdraw money to it? (IE: 4k)

that would make paying bills a lot easier, lol
You have to verify the deposits in order to transfer money from your paypal account to your bank account and vice versa.
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Old 11-17-2004, 07:15 PM   #13
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I don't think it's allowed try the company you want to pay automated payment system it will probably be better for you in the long run...
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