PMT Forum
How do you want to make money today?

Is there no need for Paypal Bank Account Confirmation anymore?

aprilmgee · 12 · 4387

aprilmgee

  • Newbie
  • *
    • Posts: 2
    • Likes Received: +0/-0
I have been maintaining a premier PayPal account for three years already and been withdrawing funds to my Metrobank ATM account with no problems encountered. Just this morning I decided to add my Landbank ATM account and was surprised that there is no "verify" link next to the bank name anymore. I remember doing the bank account confirmation/verification process when I added my Metrobank account. I am kind of worried that problems may arise if I withdraw funds from my PayPal account to my Landbank account.

What do you think guys? Help!




freelancer_babe

  • Forum Expert 500
  • ****
    • Posts: 529
    • Likes Received: +1/-0
You got it confused with the initial Paypal verification - which requires a debit or a credit card. Also, adding additional credit or debit cards for use with Paypal requires verification for each. I don't think also you've used your Metrobank ATM go initially verify your Paypal - malamang kumuha ka ng EON, Smart Money or kaya gumamit ka ng credit card just to satisfy that very first step of initial verification. Your Metrobank ATM won't work with that first step.

For the case of adding a bank account to withdraw Paypal funds, there's no need for bank verification. Basta i-add mo lang ang information and that's it. It doesn't matter kung Personal or Premier ang Paypal mo.

Dati na ito - it has been this way for several years. Nothing had changed. There never has been bank verification in the first place. Sa cards lang yun applicable when you add them. You simply got confused.
« Last Edit: Feb 20, 2012, 09:21 AM by freelancer_babe »


Prospera

  • PMT Idol 1500
  • ****
    • Posts: 1,911
    • Likes Received: +1/-0
^My experience with credit cards is that Paypal does NOT ask for additional verification for succeeding credit cards after the first one. It's enough to just register it.

Maybe, it's the same with bank accounts?


freelancer_babe

  • Forum Expert 500
  • ****
    • Posts: 529
    • Likes Received: +1/-0
^ Sa akin meron when I add new cards. I just added my new BPI credit card just last December and it asked for the  EXPUSE code. I even had to go to the branch kasi hindi ko makita agad sa online statement EXPUSE code.

But for a bank account, NO.. there's no verification. No amounts were debited. Paypal cannot debit amounts from a bank account for verification - sa card lang, parang online payment ang dating. Kaya ang ginagawa ko to send a small "test" amount if a transfer is working to a bank account. I've added several bank accounts to my Paypal account over the years so I'm pretty sure of the process.
« Last Edit: Feb 20, 2012, 12:09 PM by freelancer_babe »


Prospera

  • PMT Idol 1500
  • ****
    • Posts: 1,911
    • Likes Received: +1/-0
^You're probably right, fb. Baka mali ang recollection ko re adding credit cards.

But thanks for the info on adding bank accounts. I did not know it's that easy. May minimum amount ba for transfering money from Paypal to a bank account? And I understand that there's a fee for amounts under 7k?


freelancer_babe

  • Forum Expert 500
  • ****
    • Posts: 529
    • Likes Received: +1/-0
^ Yes there's a minimum.

Kung peso amount ang Paypal, the minimum is P500.

Mine still uses US dollar, ayaw kong i-convert sa peso, so my minimum is $10.

Pero sayang naman. Better aim for P7,000 if you can para wala nang P50 fee pa ang Paypal.


aprilmgee

  • Newbie
  • *
    • Posts: 2
    • Likes Received: +0/-0
Thanks for responding guys. :)


Mr_Rony

  • Junior Member
  • **
    • Posts: 49
    • Likes Received: +0/-0
^My experience with credit cards is that Paypal does NOT ask for additional verification for succeeding credit cards after the first one. It's enough to just register it.

Maybe, it's the same with bank accounts?


I have the same experience. My first card which was an EastWest Bank MasterCard needed verification but my second card from BPI didn't.


naomibatac

  • Senior Member
  • **
    • Posts: 68
    • Likes Received: +0/-0
It can be that Landbank has an existing link with Paypal or since you have link a bank earlier that is verified, Paypal must have carried it over.

Anyway, just to be sure, you can email Paypal about it, and check with Landbank as well.


sicalsem

  • Forum Tambay 100
  • ***
    • Posts: 132
    • Likes Received: +0/-0
Only the first bank account, my EON account, was verified by Paypal. Yong 2 other bank accounts I added, no verification na.


freelancer_babe

  • Forum Expert 500
  • ****
    • Posts: 529
    • Likes Received: +1/-0
I had my Paypal for several years Maybe  it has something to do with it, that's why it asked for verification when I added an additional card?


pinoyglobalbiz

  • Junior Member
  • **
    • Posts: 30
    • Likes Received: +0/-0
There's no longer confirmation needed when adding a bank account to your PayPal....


 


PMT Shoutbox

Refresh History
  • Post only questions or comments here. Advertisements NOT ALLOWED.
  • Niel Jhacoubs: Hello sa mga online jan! :)
    Jun 15, 2019, 02:58 PM
  • oragon: :applause:
    May 20, 2019, 03:53 PM
  • FutureGizmo: Thank you for reporting those spam posts, oragon! Spam posts now deleted.
    May 20, 2019, 01:59 PM
  • oragon: Admin kindly monitor some peps! posting and sharing inappropriate nude photos and website links
    May 20, 2019, 01:52 PM
  • @culinary10: Hello I am new here! Regarding sa bdo life insurance for 8 years, pwede pa kaya ma refund yung binayad ko na 50k last year? Gusto ko sana icancel kasi lack of financial na, last may 15 2018 po un nag start ako ng life insurance, pinili ko annually kaso etong may 15 2019 wala nako ma ipay so gusto ko sana icash out, may alam ba kayo kung pano marerefund?
    May 17, 2019, 07:56 PM
  • FutureGizmo: Hi Sonny, the posting issue is now resolved. Thanks for informing us! We're currently testing a new, mobile-ready theme so let us us know kung may problema pa sa Forum. :)
    Apr 04, 2019, 10:40 AM
  • sonny.wapak: Nakaka receive din ba kayo nito pag gawa ng new post? "Please try again. If you come back to this error screen, report the error to an administrator."
    Apr 03, 2019, 10:56 PM
  • leonine_zafiro: what product nun?
    Apr 01, 2019, 10:25 PM
  • dhondiex27: hi
    Mar 30, 2019, 10:55 PM
  • lusart: jayrob i agree 200%. hulog ng langit organico. legit na legit
    Mar 29, 2019, 09:08 AM
  • palemelch: Hi
    Mar 28, 2019, 04:08 PM
  • O.C.W._AK: Magandang Araw sa Lahat! Blessings! (",)
    Mar 28, 2019, 08:42 AM
  • thor15: hello everyone, newbie here
    Mar 25, 2019, 01:47 AM
  • captjaylo: present newbie here
    Mar 22, 2019, 10:06 AM
  • balboagilbert26: hello Guys .. Newbie here
    Mar 21, 2019, 10:55 PM
  • businesswoman2019: @jefsanity nag inquire na po ako pero di sila nagdidisclose. Yung branch po kasi na target ko, currently building pa.
    Mar 21, 2019, 04:27 PM
  • jefsanity: @businesswoman2019, much better inquire ka na lang sa admin nila.
    Mar 21, 2019, 01:51 PM
  • businesswoman2019: Hello! Any idea how much ang stall sa waltermart. 2m x 2m
    Mar 21, 2019, 08:28 AM
  • John Neil: Looking for an accredited iron foundry
    Mar 17, 2019, 03:19 PM
  • jayrob: Mark_Lee ung organico legit po yan..  Member din AQ..
    Mar 17, 2019, 12:57 AM
  • perlymelad: Hello po! Need advice, why my new MLM leaders failing?
    Mar 14, 2019, 08:51 PM
  • perlymelad: Present
    Mar 12, 2019, 07:53 PM
  • kennethmauricio: Hi saan po dito pwede mag post ng for sale properties?
    Mar 11, 2019, 07:58 PM
  • jefsanity: @mark_lee isipin mo anu passion mo at skills mo...
    Mar 11, 2019, 06:52 PM
  • sniperaj09: BAGO LANG
    Mar 10, 2019, 11:16 AM
  • mark_Lee: magandang investnent ngayon sa 30k suggest naman keo mga boss
    Mar 10, 2019, 03:07 AM
  • perlymelad: E-BOOK PO SIR @JEFSANITY
    Mar 09, 2019, 05:40 PM
  • perlymelad: @jefsanity Good Morning Po
    Mar 09, 2019, 05:39 PM
  • perlymelad: Good Day everyone
    Mar 04, 2019, 06:24 PM
  • jefsanity: anu ang small business na yan?
    Feb 28, 2019, 07:40 PM
  • perlymelad: Good Day Everyone
    Feb 28, 2019, 03:31 PM
  • perlymelad: Hello everyone, CAN ANYONE HELP ME SUGGEST ANY SIDE TOPIC  / PROBLEM OF  STARTING SMALL BUSINESS?
    Feb 28, 2019, 06:58 AM
  • perlymelad: Present, 1st time po
    Feb 25, 2019, 06:17 PM
  • jd2281: newbie po
    Feb 25, 2019, 12:26 PM
  • ejllantino: present... 1st time
    Feb 24, 2019, 07:14 PM
  • rheiel: present. first time
    Feb 24, 2019, 11:04 AM
  • MELVIE: thanks po
    Feb 24, 2019, 12:50 AM
  • steph123: hello po, ask lang po, ilang months po ba ang hihintayin after mo ma process ang mga documents para maitama ang mali sa NSO?
    Feb 11, 2019, 03:13 PM
  • Deborah: newbie here.thanks
    Feb 08, 2019, 02:17 PM
  • marj0503: hello im newbie here
    Jan 31, 2019, 10:53 AM
  • yan24: any one here planning to start a tesda skill training center
    Jan 26, 2019, 12:07 PM
  • manzjon: Forex trading forum
    Jan 25, 2019, 02:16 PM
  • Lizette Ramos: Pwede po bang patulong... Maganda po ba ang gasul retailing business?
    Jan 24, 2019, 09:14 PM
  • Imnobody: Hi sino naghahanap ng casino financer dito?
    Jan 16, 2019, 09:59 PM
  • Odlanyer22: Good day!
    Jan 16, 2019, 09:55 PM
  • maryen: at kung sakaling may somobra sa food na nailuto.. dapat po bang bayaran ng client un .. or ipapa take mo na sakanila?...
    Jan 16, 2019, 03:52 PM
  • maryen: HI! GOOD DAY! newbiz lang po... question lang po regarding sa catering.. if may 50pax po ako dapat lang po ba na sakto ang serving ng food?
    Jan 16, 2019, 03:50 PM
  • mark_Lee: cno na nag organico dito scam po ba yun or legit
    Jan 09, 2019, 03:04 AM
  • kuray08: Have a Prosperous New Year to all..
    Jan 06, 2019, 09:27 PM
  • ethan: Sino po may auto supply business dito? How profitable po ba ito in terms of monthly income? Lalo na kung meron na one or two na competition.
    Jan 04, 2019, 11:34 AM