PayPal Beneficial Ownership INFO - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 08-04-2019
Junior Member
 
Join Date: Oct 2017
Posts: 64
Thanks: 27
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 37%
iTrader: (0)
Default PayPal Beneficial Ownership INFO

Hello,

PayPal is requiring us to provide beneficial ownership information for our LLC because more card sales through eBay. We have 2 eBay accounts under 1 PayPal account and everything has been fine, no negative feedback, a few item not received cases opened but resolved in our favor, some charge backs found in our favor. About $15k revenue every month. Had the main account since 2017 and a secondary which was made beginning of 2019. My wife and I had 2 paypal accounts, they were never banned or limited but we stopped using them at our old address when our eBay account got permanently banned. We've never logged into them since then but remember putting our SSN in to our old accounts on PayPal. Those old accounts have our old address, SSN, and the updated last name (my last name). We made a stealth paypal and ebay at a new address, new ip, her real name but nickname (ie Kristen but put Kris) and then her maiden name for last name which she kept her maiden name as her middle name and took my last name when married. It's asking to provide address, SSN, Birthday, etc, now we were never banned on PayPal but we would think that since eBay and PayPal are split companies that it wouldn't matter with limiting our account on eBay or PayPal if we put our real info in when asking.

I want to know if anyone has any idea what to do, I don't want to provide wrong information or jeopardize our account or our business.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 08-04-2019
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 75,855
Thanks: 5,926
Thanked 8,909 Times in 8,202 Posts
Activity: 99%
Longevity: 83%
iTrader: (7)
Default Re: PayPal Beneficial Ownership INFO

1. Space out your texts for future posts please.

2. eB and pp are separate on paper but still fairly intertwined :(

3. If the old accounts with your SSN are perma-banned then you cannot re-use this info ideally.
Reply With Quote
  #3  
Old 08-04-2019
Junior Member
Threadstarter  
 
Join Date: Oct 2017
Posts: 64
Thanks: 27
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 37%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

Quote:
Originally Posted by rsot View Post
1. Space out your texts for future posts please.

2. eB and pp are separate on paper but still fairly intertwined :(

3. If the old accounts with your SSN are perma-banned then you cannot re-use this info ideally.
Sorry, I was in a slight rush to post it just to get it up to hear responses back. I will space it out next time.

SSN is on PayPal but not on eBay, so you think it will flag the new eBay account even though the old eBay account was only banned, not the old PayPal?
Reply With Quote
  #4  
Old 08-12-2019
Junior Member
Threadstarter  
 
Join Date: Oct 2017
Posts: 64
Thanks: 27
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 37%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

Bump bump bump
Reply With Quote
  #5  
Old 11-14-2019
Junior Member
 
Join Date: Oct 2016
Posts: 38
Thanks: 22
Thanked 4 Times in 4 Posts
Activity: 0%
Longevity: 43%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

Any update on this situation MxTx? Did you end up providing your original information or how did you get around this request from PayPal?

Any information you could provide would be awesome as I just got this email from PayPal as well and am curious how to proceed.

Thanks and I hope you were able to get it all sorted out!
Reply With Quote
  #6  
Old 11-14-2019
MCSeller's Avatar
Junior Member
 
Join Date: Jul 2018
Posts: 6
Thanks: 6
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 33%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

Me too. I got the email this morning. I see no work a round.
Reply With Quote
  #7  
Old 11-15-2019
Junior Member
 
Join Date: Jul 2008
Posts: 40
Thanks: 0
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 91%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

I got it and my deadline was November 7th, the cut me off today.

I had entered it online and they kept showing the limitation, but when I would click to add info it said my information was verified and approved. I called in and they had me fill out another form online. Said it will be lifted in 24 hours if info is what they need.
Reply With Quote
  #8  
Old 11-19-2019
nyc's Avatar
nyc nyc is offline
Executive [VIP]
 
Join Date: Feb 2013
Posts: 735
Thanks: 221
Thanked 116 Times in 78 Posts
Activity: 0%
Longevity: 64%
iTrader: (1)
Default Re: PayPal Beneficial Ownership INFO

Quote:
Originally Posted by cruiserdaddy View Post
I got it and my deadline was November 7th, the cut me off today.

I had entered it online and they kept showing the limitation, but when I would click to add info it said my information was verified and approved. I called in and they had me fill out another form online. Said it will be lifted in 24 hours if info is what they need.
Any updates?
__________________
I'm a hustler's hope, I'm not his pipe dreams.
Reply With Quote
  #9  
Old 11-19-2019
Junior Member
 
Join Date: Jul 2008
Posts: 40
Thanks: 0
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 91%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

Quote:
Originally Posted by nyc View Post
Any updates?
I called in after waiting 4 days for them to review my info. One as transferred to a supervisor and he put me on hold about 5 minutes. Came back and said limitation had been removed and I could use my account.

My account now works and can receive funds again. Oddly enough the banner at top says I'm limited because of beneficial owner stuff, but my account works just fine now.
Reply With Quote
The Following User Says Thank You to cruiserdaddy For This Useful Post:
nyc (11-20-2019)
  #10  
Old 11-19-2019
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 75,855
Thanks: 5,926
Thanked 8,909 Times in 8,202 Posts
Activity: 99%
Longevity: 83%
iTrader: (7)
Default Re: PayPal Beneficial Ownership INFO

Quote:
Originally Posted by cruiserdaddy View Post
I called in after waiting 4 days for them to review my info. One as transferred to a supervisor and he put me on hold about 5 minutes. Came back and said limitation had been removed and I could use my account.

My account now works and can receive funds again. Oddly enough the banner at top says I'm limited because of beneficial owner stuff, but my account works just fine now.
That's good news - congrats...hopefully stays free and clear
Reply With Quote
  #11  
Old 11-20-2019
Senior Member
 
Join Date: Mar 2010
Posts: 313
Thanks: 31
Thanked 43 Times in 31 Posts
Activity: 0%
Longevity: 81%
iTrader: (1)
Default Re: PayPal Beneficial Ownership INFO

Quote:
Originally Posted by cruiserdaddy View Post
I called in after waiting 4 days for them to review my info. One as transferred to a supervisor and he put me on hold about 5 minutes. Came back and said limitation had been removed and I could use my account.

My account now works and can receive funds again. Oddly enough the banner at top says I'm limited because of beneficial owner stuff, but my account works just fine now.
so you just put your own info in there? or did you not submit any info? im a little confused on how your account was lifted from limitations. thanks for responding and sorry for my ignorance
Reply With Quote
  #12  
Old 11-20-2019
Junior Member
 
Join Date: Oct 2016
Posts: 38
Thanks: 22
Thanked 4 Times in 4 Posts
Activity: 0%
Longevity: 43%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

Quote:
Originally Posted by cruiserdaddy View Post
I called in after waiting 4 days for them to review my info. One as transferred to a supervisor and he put me on hold about 5 minutes. Came back and said limitation had been removed and I could use my account.

My account now works and can receive funds again. Oddly enough the banner at top says I'm limited because of beneficial owner stuff, but my account works just fine now.
Good work and congrats on getting the limitation removed! Did you provide your real information or did you provide stealth information with last 4 of EIN or something along those lines? Thanks in advance for any information!
Reply With Quote
  #13  
Old 11-20-2019
nyc's Avatar
nyc nyc is offline
Executive [VIP]
 
Join Date: Feb 2013
Posts: 735
Thanks: 221
Thanked 116 Times in 78 Posts
Activity: 0%
Longevity: 64%
iTrader: (1)
Default Re: PayPal Beneficial Ownership INFO

If able to share information publicly or privately, please let us know who’s beneficial owners info you submitted. Thank you.
__________________
I'm a hustler's hope, I'm not his pipe dreams.
Reply With Quote
The Following User Says Thank You to nyc For This Useful Post:
TN2016 (11-20-2019)
  #14  
Old 11-20-2019
Senior Member
 
Join Date: Mar 2010
Posts: 313
Thanks: 31
Thanked 43 Times in 31 Posts
Activity: 0%
Longevity: 81%
iTrader: (1)
Default Re: PayPal Beneficial Ownership INFO

Quote:
Originally Posted by nyc View Post
If able to share information publicly or privately, please let us know who’s beneficial owners info you submitted. Thank you.
agreed. id like to know how to get around this if there is a way
Reply With Quote
  #15  
Old 11-30-2019
Junior Member
 
Join Date: Nov 2014
Posts: 59
Thanks: 5
Thanked 19 Times in 18 Posts
Activity: 0%
Longevity: 54%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

id like to know as well...
Reply With Quote
  #16  
Old 12-18-2019
Junior Member
 
Join Date: Nov 2015
Posts: 77
Thanks: 25
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 48%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

Quote:
Originally Posted by cruiserdaddy View Post
I got it and my deadline was November 7th, the cut me off today.

I had entered it online and they kept showing the limitation, but when I would click to add info it said my information was verified and approved. I called in and they had me fill out another form online. Said it will be lifted in 24 hours if info is what they need.
A lot of people on here would like to know what info you provided to get the lift on the beneficial owner ban. Did you provide real info that was banned before?
Reply With Quote
  #17  
Old 02-10-2021
cucumber6191's Avatar
Junior Member
 
Join Date: Feb 2021
Posts: 33
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 18%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

Quote:
Originally Posted by cruiserdaddy View Post
I called in after waiting 4 days for them to review my info. One as transferred to a supervisor and he put me on hold about 5 minutes. Came back and said limitation had been removed and I could use my account.

My account now works and can receive funds again. Oddly enough the banner at top says I'm limited because of beneficial owner stuff, but my account works just fine now.
Hey, I've had 2 accounts now permanently limited on PayPal, and I'm looking for alternatives, it turned out that my sister has a 3 year old personal PayPal account, Can I use her account as stealth account and later can I transform it into a business account with LLC documents which right now I'm applying for? Would that work?
Reply With Quote
  #18  
Old 02-10-2021
Junior Member
 
Join Date: Apr 2020
Posts: 97
Thanks: 1
Thanked 8 Times in 8 Posts
Activity: 0%
Longevity: 22%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

How can paypal verify the beneficial owner?

You can match EIN TO an LLC

their system can’t match EIN to personal name as far as I know
Reply With Quote
  #19  
Old 02-11-2021
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 75,855
Thanks: 5,926
Thanked 8,909 Times in 8,202 Posts
Activity: 99%
Longevity: 83%
iTrader: (7)
Default Re: PayPal Beneficial Ownership INFO

Quote:
Originally Posted by cucumber6191 View Post
\ Can I use her account as stealth account and later can I transform it into a business account with LLC documents which right now I'm applying for? Would that work?
Not true stealth - don't use your sister's info
Reply With Quote
  #20  
Old 02-12-2021
cucumber6191's Avatar
Junior Member
 
Join Date: Feb 2021
Posts: 33
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 18%
iTrader: (0)
Default Re: PayPal Beneficial Ownership INFO

Quote:
Originally Posted by rsot View Post
Not true stealth - don't use your sister's info
The thing is her account is already aged at 3 yo, once I transform it into a business account with LLC, I'll have all the papers like articles of incorporation, and the structure of organization, and I'll have my dad as the director as well as the beneficial owner and the my sister as commissioner, and nowhere in the papers would they have my name at all. So it'd be like my sister's / my dad's company, would that work?
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
PayPal Ask beneficial owner information JamesLee PayPal Talk 36 08-19-2020 09:44 AM
Proof of ownership JML82 PayPal Talk 0 10-16-2018 08:35 AM
[UK] Current Appointments Report + Beneficial Owners strep86 Amazon 10 01-08-2017 10:33 AM
Paypal Provide Proof of Ownership Burning Paypal Limited 14 02-03-2009 12:10 PM


Aspkin Group

All times are GMT -5. The time now is 04:38 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58