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PayPal Stealth Withdrawal to Bank via 3rd Party

Discussion in 'Ebay' started by EOC91, May 9, 2016.

  1. EOC91

    EOC91 Registered Member

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    Hello all,

    I am using a stealth PP for funds from eBay. I'm not too worried about withdrawing funds as I have a bank account attached etc. However, the volume of transfers to the bank account is what I am weary of.

    Does anyone have a method they would be willing to share, that would entail sending invoices from one company online and then paying it through PP..however, the invoice would come from a place that deposits directly into a bank account. I was thinking of using UpWork (I believe they allow PP payments, I could be wrong). Does anybody have experience with this or another company I could use to do this?

    Thanks!
     
  2. speeder33

    speeder33 Junior Member

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    If you use this type of method, you will lose a percentage of your money in fees. For example: upwork charges a 10% fee to its freelancers. How much are you sending to your bank that you are concerned about the volume?
     
  3. dhihi

    dhihi Junior Member

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    Someone just posted yesterday that upworks had increased the fee to 20%
     
  4. nathanmalone

    nathanmalone Newbie

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    Since you have a bank account attached to your PayPal account, why exactly are you looking to switch to a less-direct way of accessing your cash? I'm not really understanding your reasoning.
     
  5. speeder33

    speeder33 Junior Member

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    Only for the first $500.

    For the OP:
    20% for the first $500 billed with the client 10% for lifetime billings with the client between $500.01 and $10,000
    5% for lifetime billings with the client that exceed $10,000
     
  6. TerryMarks

    TerryMarks Newbie

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    Converting it to bitcoin and then back again would incur less fees than Upwork and would deposit it straight into your bank account.
     
  7. EOC91

    EOC91 Registered Member

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    Any idea where to buy unlimited bit coins with almost immediate delivery? eBay has one solid person. However, they have to mail the code to your PayPal address and being a stealth account...it is not possible.

     
  8. Mnet17

    Mnet17 Regular Member

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    I know there is a place to convert Paypal cash to Bitcoin but again, 10% fee to the person who is selling you Bitcoin.
     
  9. Des_cartes

    Des_cartes Junior Member

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    https://localbitcoins.com is probably the best option but as a new member you'll have a hard time finding someone to accept Paypal and if they do you'll pay a big fee.
     
  10. Renovo

    Renovo Newbie

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    I have never heard of Upwork until now it looks interesting however when transferring funds from Paypal to Upwork after several times wont Paypal catch on and limit you?
     
  11. bill2014

    bill2014 Junior Member

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    Hey OP, how did you do that finally ?
     
  12. Jeffersontalks

    Jeffersontalks Regular Member

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    Upwork do allow you to do what you want. It works. But after sometime they can hold your funds if you are not careful with your browser details and IPs.