Paypal to bank to binance looking for new bank to withdraw from paypal

darwish0777

Newbie
May 3, 2024
7
1
Hello, I am a freelancer without legal papers what I have been doing is reselling
However, i am trading with 30-50k euros every month but it's not a profit Let's say I bought SMTH with 1k euros i sold it for 1050euro etc
So I am having a large volume monthly getting payments then withdrawing then buying with it then selling it then getting a payment again
I was using PayPal and thank god even while i was abusing FNF they didn't close or block me even
But i got into another problem
Which is withdrawing to the bank then with this bank i buy crypto on p2p cuz i am in 3rd country
So i used Wise then they just blocked me then Revlout then zen until i found Payoneer which tbh lasts for about 9 months with big amounts of money every day
But sadly i got the message to withdraw my funds and that they gonna close my account
So here is my question
Is there any alternative to payoneer?
Can i open a new one maybe with a fake id or buy one from ppl who are selling it or its risky
Can i link my old bank account to a fake payoneer with a custom name ?
is there any thing similar to payoneer ??
Also i am scared that at some point paypal gonna block me
Is it safe to buy a paypal and split the amounts that i get on them so at least i have a backup paypal before they block me ?
Also someone told me about FLOWBANK did anyone heard about it before ? is it legal ?
 
Hey, there are a lot of questions in one post. Since this is your first post, I assume you want to avoid asking with your "real account."
Let's dive into the Question (Please consider that I can not give you advice in terms of fraudulent activities):

1. The first part: You mention that you do not make a profit with it - In this case, it's not relevant, as you stated that you work without paper, and you are hiding your Business. Even though you are from a 3. World Country is irrelevant, and there is no excuse for it so that we will ignore it.

2. Abusing F&F, especially to the same receiver can flag your account, that's simply the algorithm of PayPal. So, at this point, you were lucky.

Question:
So now you have the money in another PayPal Account, as far as I can understand, right?

3. Now, you have your money in your second PayPal account. You tried withdrawing it to a bank to buy crypto via P2P but got blocked. Right?

Question:
Do you face this for the first time? Have you had "success" in the past with this approach? Im not asking for the Bank; please do not mention it.

4. Paypal now says They do not process the transaction and may close your account.

Question:
Is your account already closed? If yes, there is a chance to get the money back after 180 Days.
In general, How old were your PayPal Accounts and your Bank Account?
Was it an amount that was, let's say, 1,5x higher than your withdrawal in the past? Are there other things that were a bit different than in the past?
How often did you use this approach in a month?

5. There are alternatives to Payoneer, yes. But where is your money currently stuck? On the second PayPal?

6. I'm gonna skip the part with the Fake ID. I can tell you that using WISE is not the most brilliant idea since they force you to provide a lot of evidence of where the money is from, even more than regular Banks ask you. It's ridiculous what kind of documents they ask people for; that's why I do not like WISE, even for private purposes.

7. What reasons did Revolut (Business, I assume, or private?) & ZEN tell you why they are going to close your Acc?

8. I can't tell you anything about the Bank you mentioned, but I can say that I would NOT link any "old" Bank account to WISE or PayPal.
Splitting amounts does not affect the compliance & fraud detection system of PayPal. Therefore, if you buy a new Account, it's even strange because you have no transactions- even though you have an account that has a huge history log, it will pop up.

It would be helpful if you provided some background information, at least where your money is stuck, the amount, and a bit more information about the PayPal account you have used so far.
Based on that information, I can potentially give you a bit more guidance on what a "fictive Person" could do theoretically ;)
Since you are from a 3 World Country, I understand that this amount of Money is not less for you.
But now, I would personally not mess around and be patient.

One important thing: If a withdrawal gets declined, please DO NOT try to force it again! Just log out and keep your fingers away from PayPal or any other Bank / Payment Service Provider.

Kind regards,
zotix
 
Hey, there are a lot of questions in one post. Since this is your first post, I assume you want to avoid asking with your "real account."
Let's dive into the Question (Please consider that I can not give you advice in terms of fraudulent activities):

1. The first part: You mention that you do not make a profit with it - In this case, it's not relevant, as you stated that you work without paper, and you are hiding your Business. Even though you are from a 3. World Country is irrelevant, and there is no excuse for it so that we will ignore it.

2. Abusing F&F, especially to the same receiver can flag your account, that's simply the algorithm of PayPal. So, at this point, you were lucky.

Question:
So now you have the money in another PayPal Account, as far as I can understand, right?

3. Now, you have your money in your second PayPal account. You tried withdrawing it to a bank to buy crypto via P2P but got blocked. Right?

Question:
Do you face this for the first time? Have you had "success" in the past with this approach? Im not asking for the Bank; please do not mention it.

4. Paypal now says They do not process the transaction and may close your account.

Question:
Is your account already closed? If yes, there is a chance to get the money back after 180 Days.
In general, How old were your PayPal Accounts and your Bank Account?
Was it an amount that was, let's say, 1,5x higher than your withdrawal in the past? Are there other things that were a bit different than in the past?
How often did you use this approach in a month?

5. There are alternatives to Payoneer, yes. But where is your money currently stuck? On the second PayPal?

6. I'm gonna skip the part with the Fake ID. I can tell you that using WISE is not the most brilliant idea since they force you to provide a lot of evidence of where the money is from, even more than regular Banks ask you. It's ridiculous what kind of documents they ask people for; that's why I do not like WISE, even for private purposes.

7. What reasons did Revolut (Business, I assume, or private?) & ZEN tell you why they are going to close your Acc?

8. I can't tell you anything about the Bank you mentioned, but I can say that I would NOT link any "old" Bank account to WISE or PayPal.
Splitting amounts does not affect the compliance & fraud detection system of PayPal. Therefore, if you buy a new Account, it's even strange because you have no transactions- even though you have an account that has a huge history log, it will pop up.

It would be helpful if you provided some background information, at least where your money is stuck, the amount, and a bit more information about the PayPal account you have used so far.
Based on that information, I can potentially give you a bit more guidance on what a "fictive Person" could do theoretically ;)
Since you are from a 3 World Country, I understand that this amount of Money is not less for you.
But now, I would personally not mess around and be patient.

One important thing: If a withdrawal gets declined, please DO NOT try to force it again! Just log out and keep your fingers away from PayPal or any other Bank / Payment Service Provider.

Kind regards,
zotix
Okei so i think I didnt explain correctly
So
I am a reseller of online goods okei
Its not fruad or scamming or anything
its just i resell online goods such as drop shipping
But its currencies in games and stuff
Like lets say RP in league of legend or valorant etc
But in mmo Games speically

Also, its my first time here so thats my first account

I was explaining how i am withdrawing my money
Which is Paypal to any online bank or to my bank then i buy USDT from p2p Binance okei

Paypal didnt close my account yet. Thank god its still working until now

At first i was using my bank which is in Greece But they started charging me 11% taxes and the amounts of money that i am getting is getting higher and higher

At start i started trading with avg 5k euro monthly now its 80k euro.
So how i was withdrawing money at first i tried my bank which started charging me taxes

After that i tried wise which blocked me when i tried to withdraw 500euro lmao

Then i tried revlout which also blocked me its was personal account and i just did withdraw about 3k euro in parts or smth

Then i tried paytend which didnt let me create account because its blocked in greece

Then i tried zen which didnt let me even open account too and blocked me right away lol

Until i found payoneer, Its was stable for 9 months not a single lock or warn or anything

But... 2 days ago they told me they are going to close my account and they asking me to withdraw funds which i already did

So here is what i am looking for
A bank account that can receive daily 2-3k euro Without blocking me

Even if its paid

I am looking for smth gonna be stable like payoneer and i am thinking about creating accounts in 2 or 3 banks to split the money so we make it maybe daily 1k euro or smth ?

So at least i dont trigger the banks to block me like what happened with revlout and wise and payoneer

Which also got in mind to buy a payoneer account or create one with fake ID and thats was one of my questions

Also i am thinking about buying paypal too

To start splitting the payment on 2 or 3 paypal so i can slow down a bit before they decide to close my account
 
My money isnt stuck anywhere

I am just trying to find a way to withdraw from paypal besides my Greek bank cuz of the taxes
I dont live in greek anymore As i said i am in 3rd country
So i dont want any problem in my bank

And i am wondering if i could buy a payoneer and a new paypal

OR find a good banks like payoneer who could accept me at least for few months so i can split payments on them

I hope i explained correctly
 
Okei so i think I didnt explain correctly
So
I am a reseller of online goods okei
Its not fruad or scamming or anything
its just i resell online goods such as drop shipping
But its currencies in games and stuff
Like lets say RP in league of legend or valorant etc
But in mmo Games speically

Also, its my first time here so thats my first account

I was explaining how i am withdrawing my money
Which is Paypal to any online bank or to my bank then i buy USDT from p2p Binance okei

Paypal didnt close my account yet. Thank god its still working until now

At first i was using my bank which is in Greece But they started charging me 11% taxes and the amounts of money that i am getting is getting higher and higher

At start i started trading with avg 5k euro monthly now its 80k euro.
So how i was withdrawing money at first i tried my bank which started charging me taxes

After that i tried wise which blocked me when i tried to withdraw 500euro lmao

Then i tried revlout which also blocked me its was personal account and i just did withdraw about 3k euro in parts or smth

Then i tried paytend which didnt let me create account because its blocked in greece

Then i tried zen which didnt let me even open account too and blocked me right away lol

Until i found payoneer, Its was stable for 9 months not a single lock or warn or anything

But... 2 days ago they told me they are going to close my account and they asking me to withdraw funds which i already did

So here is what i am looking for
A bank account that can receive daily 2-3k euro Without blocking me

Even if its paid

I am looking for smth gonna be stable like payoneer and i am thinking about creating accounts in 2 or 3 banks to split the money so we make it maybe daily 1k euro or smth ?

So at least i dont trigger the banks to block me like what happened with revlout and wise and payoneer

Which also got in mind to buy a payoneer account or create one with fake ID and thats was one of my questions

Also i am thinking about buying paypal too

To start splitting the payment on 2 or 3 paypal so i can slow down a bit before they decide to close my account
So PayPal is your payment processor (your clients pay you via your sales channel, which I assume is a website), and then you pay your PayPal out to an online bank like Payoneer or your physical bank which is in Greece, and then you use those funds to buy crypto on Binance
I assume you are from Greece.
Do you have a PayPal business account or a personal account? If a personal change to the business, if business then, your best option is to either try another payment processor. You can also receive payments directly in crypto but not all buyers can pay with crypto (there are ways to help your clients with this but makes the sales process a bit longer)
Or you partner with someone in another country with their local payment processors and banks and get payment from them via crypto - this is very risky and you will need to have a very reliable and trusty partnership.
Don't use any fake accounts or documents, also a high risk of your funds getting put on hold, and can lose them forever because of fraudulent activity and they flag you, rather be honest.
 
My money isnt stuck anywhere

I am just trying to find a way to withdraw from paypal besides my Greek bank cuz of the taxes
I dont live in greek anymore As i said i am in 3rd country
So i dont want any problem in my bank

And i am wondering if i could buy a payoneer and a new paypal

OR find a good banks like payoneer who could accept me at least for few months so i can split payments on them

I hope i explained correctly
You didn't say why Payoneer is shutting you down.
Don't think a new PayPal will solve it, you still need to withdraw and you still going to sit with the same problem.
Best bet is a new payment processor and banks linked to that processor
 
So PayPal is your payment processor (your clients pay you via your sales channel, which I assume is a website), and then you pay your PayPal out to an online bank like Payoneer or your physical bank which is in Greece, and then you use those funds to buy crypto on Binance
I assume you are from Greece.
Do you have a PayPal business account or a personal account? If a personal change to the business, if business then, your best option is to either try another payment processor. You can also receive payments directly in crypto but not all buyers can pay with crypto (there are ways to help your clients with this but makes the sales process a bit longer)
Or you partner with someone in another country with their local payment processors and banks and get payment from them via crypto - this is very risky and you will need to have a very reliable and trusty partnership.
Don't use any fake accounts or documents, also a high risk of your funds getting put on hold, and can lose them forever because of fraudulent activity and they flag you, rather be honest.
may i know why i need business paypal ?
I am getting paid by fnf until now
Dealing with someone who have local payment processors is gonna be hard
First of all my cut from selling isnt that high enough like as i said i could buy for 1k euro and sell for 1050euor

Second i am getting payments everyday with avg 3k euro
Idk who wont scam me for thats daily amounts tbh

And i already have crypto as payment method but not every customers wants to deal with that "

About payoneer thats what i got
They doesnt say a reason
1714758189649.png1714758287023.png
Thats what i also got from wise
1714758406339.png
And thats what i got from revlout
1714758463403.png
 

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Let me think about this topic a bit. I will comment on this thread in the next 2-3 hours.
FYI: If a bank says they cannot tell you the reason, it's most likely related to AML rules (Anti-money laundering). It's forbidden for bankers or banks in general to tell customers why they get declined in this case.
As of now, please stop using F&F for such payments; there is a threshold (which is in the PayPal Backend - not visible to you), that changes like a signal from Green to Yellow if you just use F&F. There are also more rules behind this, but in general PayPal is very hard and strict, so do yourself a favor and stop this as of now.
I will come back to this thread later, Kind regards zotix
 
Let me think about this topic a bit. I will comment on this thread in the next 2-3 hours.
FYI: If a bank says they cannot tell you the reason, it's most likely related to AML rules (Anti-money laundering). It's forbidden for bankers or banks in general to tell customers why they get declined in this case.
As of now, please stop using F&F for such payments; there is a threshold (which is in the PayPal Backend - not visible to you), that changes like a signal from Green to Yellow if you just use F&F. There are also more rules behind this, but in general PayPal is very hard and strict, so do yourself a favor and stop this as of now.
I will come back to this thread later, Kind regards zotix
I will consider that
the thing is ppl might start chargeback if its good and service
since its just online goods
and no invoice
but whatever i will think about it
Right now what i need is 2 or 3 banks to withdraw from paypal
without restricting me after 1 day of transactions lol
 
There are lots of other alternatives to Payoneer depending on the exact "3rd World Country Where You Come From"
Egypt but live greece
so some app count me as egyptain and some count me as greek lol
and when i count as egyptain i get limitation on everything
 
Let me think about this topic a bit. I will comment on this thread in the next 2-3 hours.
FYI: If a bank says they cannot tell you the reason, it's most likely related to AML rules (Anti-money laundering). It's forbidden for bankers or banks in general to tell customers why they get declined in this case.
As of now, please stop using F&F for such payments; there is a threshold (which is in the PayPal Backend - not visible to you), that changes like a signal from Green to Yellow if you just use F&F. There are also more rules behind this, but in general PayPal is very hard and strict, so do yourself a favor and stop this as of now.
I will come back to this thread later, Kind regards zotix
dont forget about me Q.Q
 
I will consider that
the thing is ppl might start chargeback if its good and service
since its just online goods
and no invoice
but whatever i will think about it
Right now what i need is 2 or 3 banks to withdraw from paypal
without restricting me after 1 day of transactions lol
The point is not about the amount of money that you are withdrawing. You can withdraw even a million dollars a day but the point is that the money you are receiving is always Friends and Family. This is what is suspicious. You need to have invoices, and proper business records.
 
This is a textbook use case for opening an offshore corporation. You're basically trying to use tax-unfriendly Greece for withholding-free offshore banking (I'm guessing without any registered business and without meeting the bank's accountholder requirements). It's only a matter of time until your account gets closed.

If your business is doing well why not just set things up legitimately in a jurisdiction with territorial taxation and no withholding taxes? Then you can also use an actual bank account instead of trying to scrape by switching between services meant for small consumer money transfers that can't scale?
 
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