I have a US bank account, but no credit card. Need to verify Paypal.

Discussion in 'PayPal' started by nikolaalx, Nov 20, 2007.

  1. #1
    Hi,
    I opened a company in USA and have a bank account. However they dont allow me to have a credit card on the name of my company and I cant verify the paypal of my USA company which I have opened.

    Is it possible to verify my USA company paypal in any other way ?


    Nik
     
    nikolaalx, Nov 20, 2007 IP
  2. Insolsence

    Insolsence Active Member

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    #2
    You can verify the Paypal in other way. I can provide you a free US VCC if you want. PM with MSN for more details.
     
    Insolsence, Nov 20, 2007 IP
  3. eddy2099

    eddy2099 Peon

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    #3
    As far as I know, you only need a US Bank account to verify a US Paypal account. The Credit Card is only used to raise the limits.
     
    eddy2099, Nov 20, 2007 IP
  4. nikolaalx

    nikolaalx Well-Known Member

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    #4
    I have heard of people using VCC and then getting their account banned. I can't afford to have my account banned, because I have paid too much for the firm incorporation and bank account opening. If I lose the option of having a valid company paypal, my business will be killed.

    Are you sure that this is a safe and proven method ? Can you guarantee?

    They want a credit card aswell to have it verified. OR atleast thats how it works when you are a company.
     
    nikolaalx, Nov 20, 2007 IP
  5. Insolsence

    Insolsence Active Member

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    #5
    I cannot prove it but I have 2 accounts.. 1 Personal and 1 Business with VCC and they are working from over 2 months now. No problems encountered at all yet.
     
    Insolsence, Nov 20, 2007 IP
  6. nikolaalx

    nikolaalx Well-Known Member

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    #6
    And will this VCC be under the name of my business?
     
    nikolaalx, Nov 20, 2007 IP
  7. NahiaN

    NahiaN Well-Known Member

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    #7
    You need a bank account to varify your US account. You CANT varify US account using VCC. VCC just withdraw the limits but cant varify!
     
    NahiaN, Nov 20, 2007 IP
  8. marias_daisy_2007

    marias_daisy_2007 Peon

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    #8
    sorry to hijack the topic but i live in the uk and i would like to setup a bank account in the US, can somebody give me some tips on how i can do this.
     
    marias_daisy_2007, Nov 20, 2007 IP
  9. nikolaalx

    nikolaalx Well-Known Member

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    #9
    You need to incorporate some kind of company in the US and then you will be able to open a bank account.

    In my case this has costed me around $8 grand total

    $3k for the incorporation, virtual office and bankinkg

    $5k for a minimum deposit in the bank account.


    If you want me to tell you the details about the company which I've used, just pm me.


    Nik




     
    nikolaalx, Nov 21, 2007 IP
  10. rahizzle22

    rahizzle22 Banned

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    #10
    I used a prepaid visa card from the grocery store to up the sending limit. On paypal, you can get verified by either having a US bank account or get approved for a paypal credit card. So if I were you I would apply for their paypal credit card. It sounds like you are already verified, so you probably need to get their free paypal debit card for business accounts such as yours.
     
    rahizzle22, Nov 21, 2007 IP
  11. Insolsence

    Insolsence Active Member

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    #11
    The VCC can be under any name and VCCs are available for Different Countries. The three categories are as follows-

    US/UK/Australia
    Europe
    Rest of the world

    Hope this helps. ;)
     
    Insolsence, Nov 21, 2007 IP
  12. MSMInvestments

    MSMInvestments Peon

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    #12
    nikolaalx to verify your PP account you need 2 things:

    1 Credit card : you can use VCC
    2 Bank account

    You have the bank account all you need to is a VCC
     
    MSMInvestments, Nov 21, 2007 IP
  13. jafarsadiquemi

    jafarsadiquemi Active Member

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    #13
    Why do you insist that it should be in your company name? You can think about having a seperate personal account which you can use for the business purposes. I think it'll help you to overcome other restrictions also.
     
    jafarsadiquemi, Dec 25, 2009 IP
  14. Caesardimxes

    Caesardimxes Peon

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    #14
    Try Entropay. I have been using them now for the past 14 months and have verified 8 accs with them
     
    Caesardimxes, Dec 28, 2009 IP