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Paypal account name & Bank Account name should match?

Discussion in 'PayPal' started by sangs, Apr 16, 2009.

  1. #1
    Can someone please confirm whether the Paypal Name & Title should be matching the Bank Account Name & Title which one has to enlist for transferring funds.

    Suppose the Paypal account is registered in the name of AJIT SINGH.Can a Bank account of SUNIL DESHPANDE be attached to the Paypal account and funds transferred?

    Please confirm.
    sangs, Apr 16, 2009 IP
  2. Ganguly155

    Ganguly155 Banned

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    #2
    That is NOT possible....

    When you go to add bank account details in your paypal, automatically your first name will be shown,,,you cant edit....
    Ganguly155, Apr 16, 2009 IP
  3. mohit115

    mohit115 Active Member

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    #3
    No, you can't do that. I called up Paypal customer service last week asking the same thing. They said it has to be your name on the bank account.
    mohit115, Apr 16, 2009 IP
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  4. whalenkevin

    whalenkevin Peon

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    #4
    Hello,

    Yes it need to match. If you have problem with withdrawal, pm me.

    Bye
    whalenkevin, Apr 16, 2009 IP
  5. Digital_shubhi

    Digital_shubhi Prominent Member

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    #5
    Well, the names need to be matched for the transfer to be successful.

    If the names doesn't matches then your money would get reversed to your paypal and they will cut Rs.250 from it.
    So, better use it with the real name. :)

    - Digital -
    Digital_shubhi, Apr 16, 2009 IP
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  6. sangs

    sangs Peon

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    #6
    But I think you can change the 1st name while adding your bank account name.But the title remains fixed.
    sangs, Apr 16, 2009 IP
  7. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #7
    Yeap you can change first name at the time of withdrawal but you can't change last name.

    You can't transfer funds from your paypal account to other person's bank account otherwise they cancel your transaction and you have to pay 250 INR charge for that.

    DON.
    deluxdon, Apr 16, 2009 IP
  8. RightMan

    RightMan Notable Member

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    #8
    Have you ever been able to get credit in your bank account by depositing the check drawn on somebody else's name?

    It is as simple as that....The name on the depositing instrument should correctly match with the name as on destination account, for transaction to get complete.

    Regards,

    RightMan
    RightMan, Apr 16, 2009 IP
  9. GloriousHD

    GloriousHD Peon

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    #9
    You can change your bank account name/nickname with most banks, all in t he UK as far as i'm aware.

    I had a simular problem with paypal, simply logged into online banking and changed my account name from my name to my business name and paypal payments come through instantly.
    GloriousHD, Apr 17, 2009 IP
  10. getPRdomainsatcheaprate

    getPRdomainsatcheaprate Banned

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    #10
    ya it should match
    getPRdomainsatcheaprate, Apr 17, 2009 IP
  11. mathewsassn

    mathewsassn Active Member

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    #11
    Yes,you are correct
    mathewsassn, Apr 17, 2009 IP
  12. speedydebitcard

    speedydebitcard Peon

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    #12
    lol..it just depends on the bank...some banks don't care what name you receive ach in...then there are some banks that do care...it all depends on your bank...ask your bank before you send the ach...
    speedydebitcard, Apr 17, 2009 IP
  13. admin3633

    admin3633 Member

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    #13
    Yes both the name should match otherwise you willl have to pay fine or 250/-
    So have both name same .
    here fien means refund charge.
    admin3633, Apr 17, 2009 IP
  14. inman

    inman Peon

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    #14
    I also have a doubt regarding this.

    The 2nd letter of my last name given on Paypal and Bank Account is different ('a' instead of 'o'). Will this create an issue if I try to withdraw directly?

    My bank doesn't have issues about this. I have deposited checks with both spellings. It is just that I am not sure about Paypal.
    inman, Apr 17, 2009 IP
  15. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #15
    Due to this maybe you have to face problem at the time of withdrawal so better you use both name (first name and last name) exactly in paypal and bank account.

    DON.
    deluxdon, Apr 17, 2009 IP
  16. mainienator

    mainienator Peon

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    #16
    its time for this thread to be closed.. the CORRECT answer is given by almost everyone..

    they must MATCH..
    mainienator, Apr 18, 2009 IP
  17. Radz

    Radz Notable Member

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    #17
    well actually NOT, i successfully transfer ed my PayPal balance to one of my Friend's USA Bank Account. off course it wasn't at my name...

    NOT sure about verification.
    Radz, Apr 19, 2009 IP
  18. aekung

    aekung Peon

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    #18
    for me not match
    aekung, May 6, 2009 IP
  19. Shafiq Kamal

    Shafiq Kamal Active Member

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    #19
    I don't know about your country's bank account. But You can add different name US Bank account as non residents too.
    Shafiq Kamal, May 7, 2009 IP
  20. rupeshkumarpune

    rupeshkumarpune Guest

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    #20
    Use vcc card for it.......
    rupeshkumarpune, May 7, 2009 IP