UltraMagnus said:
you seem to have misunderstood.
I was suggesting doing a direct bank deposit and bypass paypal entirely
bank transfer is the worst payment method you can use, if you use bank transfer and you are screwed over on ebay you are on your own as there is nothing you can do about your money.
QUOTEFirst, I call bullshit on this post... the way PayPal verifies your bank account is they deposit 2 small amounts (pennies) into your account. When you are able to see these amounts (go to your bank, or wait for your statement), you enter these on the site, and it verifies your account.
When you GET money FROM PayPal TO your bank, it takes 3 days. When you PAY FROM your bank, it's as instant as debit/credit cards.
I've been dealing with PayPal for over 7 years now. I've bought and sold close to $100.000 on eBay... I know what I'm talking about...
well in my case that's what they asked for, believe what you want to believe, hell google paypal sucks or paypal hell and then see how bad paypal really are, paypal are not a actual bank so they can hold your money if they wanted to and there would be nothing you can do about it, that's another reason i will not give them my bank account details, when you use your bank account the amount is sent to your paypal account and then you have to request for the amount to be sent to your bank, i just don't trust paypal with my money and i have a very good reason not to trust them, espcially when they asked for my bank statement via a fax.
i did went through the normal way of giving my bank details to them and them depositing two amounts into my bank account, after i did this it seems it was not enough for paypal and they wanted my bank statement aswell, so i removed my bank details from their website and didn't go through with the verified process.