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Getting my Paypal account verified - can anyone answer some quick q's about the process please?

5 replies

casabevron · 13/12/2012 18:28

I am selling a few new branded items on Ebay, and it won't let me list them until I have verified my Paypal account by linking it to my bank account. Fair enough, but can anyone tell me why I have to fill in a direct debit guarantee form in order to do this? I don't want to set up a direct debit to Paypal! The only information I can see on the site tells me that once I have set up the direct debit, Paypal will send me two amounts of money to my bank account, and I then have to confirm what they are. My account will then be verified. But why the direct debit? Maybe I'm having a thick moment, but I just don't understand what I am being asked to do here!

Any explanations in plain English would be apprectiated! TIA

OP posts:
LineRunner · 13/12/2012 23:35

It guarantees that you are able to pay for stuff, move money to pay for stuff, refund things if necessary (and buy stuff should you choose).

LineRunner · 13/12/2012 23:36

Sorry meant to say also, you can also accept money from sales via PayPal and move across to your bank.

casabevron · 14/12/2012 21:41

Thanks LineRunner, sorry I'm a bit late to come back to this. I probably haven't explained myself very well - I have been using Paypal for years, buying and selling on Ebay, and doing all the stuff you describe without being verified. It's just that now I have a few brand new items to sell it won't let me do it without me linking my Paypal account to my bank account. I understand what it means to be verified, but I don't understand why I have to fill in a direct debit guarantee form in order to do that Confused. Am I setting up a direct debit to paypal? And why? That's the bit I don't get...

OP posts:
LineRunner · 14/12/2012 22:46

Oooh, I see what you mean. Have you asked and got any sense out of eBay or PayPal?

proofreader · 14/12/2012 22:48

I did it and it worked fine.

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