New Banking registration to sell on Ebay

Does other ebay sellers have concerns about setting up the new banking registration - where in step 2  ebay are asking for your customer ID and password to your bank account -  We all lnow we should never give out our banking information yet this is the only way you can move forward to sell on ebay - What are your suggestions or thoughts- 

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Re: New Banking registration to sell on Ebay

joz15au
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I never had to give my password and ID when I went on to managed payments, just the account number and a scan of my statement showing that it was in my name. I would never give anyone my password and ID.
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Re: New Banking registration to sell on Ebay

Same here. Just a copy of my statement showing the BSB and account number with my name on it.
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Re: New Banking registration to sell on Ebay

Yes, that's our experience too.
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Re: New Banking registration to sell on Ebay

Or download  PROOF OF ACCOUNT  from your bank, it is accepted by  ebay for managed payments.

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Re: New Banking registration to sell on Ebay

Hi.  And where and how did you send that to, the paper copy verion of statement?  I only get, as original poster, 'put in your bank login number and bank password!  Cheers.

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Re: New Banking registration to sell on Ebay


@texas.holdems.chillis.and.spices wrote:

Hi.  And where and how did you send that to, the paper copy verion of statement?  I only get, as original poster, 'put in your bank login number and bank password!  Cheers.


That's all I got.

 

I gave it to them, waited the less than a minute it took to verify my bank account, then changed the password.

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Re: New Banking registration to sell on Ebay

I had to provide my license number and bank account details but the bank account process was exactely the same process as if I was applying for a loan with a financial institution so it was 100% safe.

But I'm scratching my head on the license ID because no one has mentioned that part on these boards.

Unless ebay are requiring different types of ID from different members?

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Re: New Banking registration to sell on Ebay

I just removed bank account payment from my listings 2 weeks ago then less than 1 week ago this. 

I'm not set up yet, though I've tried.

I was asked for my driver's licence # too.

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