Transfert Paypal to unverified bank account

@sushie93 (1355)
France
February 7, 2010 9:21am CST
Hello mylotters! I read somewhere that we can transfert Paypal to an unverified bank account, is it true? I didn't see munch informations on it so i want a confirmation to be sure. I can't verified my bank account because i don't have ink in my printer to print the verification document... So could we tranfert Paypal to a bank account non verified? Thanks a lot for yours answers and happy mylotting!
4 responses
lifeafterdeath09
@lifeafterdeath09 (2043)
• United States
13 Apr 10
i think it is true that you are able to do that. although i think you have to be careful and hold onto the money in your online bank account until you find out from someone who has experience with this. you might lose the money in the process if the other account is not verified. i could be wrong about this, since i have never tried it, nor have i ever researched or got any info on how to do this. best of luck.
sushie93
@sushie93 (1355)
• France
13 Apr 10
No, it is good, i have transfer my Paypal funds to my unverified bank accont many times and until now, all works perfectly. ^^
tyo041084
@tyo041084 (5)
• Indonesia
7 Feb 10
True. If you want to withdraw money, you need a paypal verified. Paypal unverified can accept the money but can not be drawn into a bank account.
sushie93
@sushie93 (1355)
• France
7 Feb 10
I wasn't talk about my Paypal account but about my bank account. But thanks for your answer. I want to let people know (because we can't edit our posts so i post this information here) that i just received a reply from Paypal Support and they say we can transfert our Paypal money to our bank account even if this one is unverified. But i think it's not the same for all countries. Happy my lotting to all and thanks for all your answers!
Just an Ordinary Owl?
@owlwings (43910)
• Cambridge, England
7 Feb 10
In order to transfer money from a PayPal account to a regular bank or credit card account, PayPal need to know that you are the genuine owner of the account. This is to protect you as much as them. They will not be able to transfer money to a regular bank account unless you have verified it in the way that they require (it varies from country to country).
macdingolinger
@macdingolinger (10386)
• United States
7 Feb 10
Paypal from my understanding will only transfer money to a verified account. You also have to have a verifiable address and phone number. I haven't heard of them sending money into just any account. That wouldn't make too much sense as it could get very confusing as to who is actually getting the money.