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-   -   What do you say to your bank when you receive money in another name? (https://www.aspkin.com/forums/ebay-discussion/138184-what-do-you-say-your-bank-when-you-receive-money-another-name.html)

egycryer 08-05-2020 08:01 AM

What do you say to your bank when you receive money in another name?
 
Like It is pretty tough in my country for banks here even if you receive it on your own name?

But I've some questions, What do you tell your bank when they see a payment from paypal coming to you but not in your own name?

What If my bank requests proof of business, I don't mind showing them all the eBay/Paypal reports but the problem it will have another persons name how do you deal with it?

How do I avoid running many eBay dropshipping accounts under different names like is there anyway to always receive the payments under my name? like if I make the Paypal account business and in the business name I write my name or something?

Just curious.

Kajunrook 08-05-2020 09:08 AM

Re: What do you say to your bank when you receive money in another name?
 
I just tell them I have numerous ebay accounts with numerous partners and there will be my share of the money deposited in my partners name to my account. EVERY time they say "no problem" if it is a deposit.

random_011 08-05-2020 09:13 AM

Re: What do you say to your bank when you receive money in another name?
 
It doesn't show the name in my bank. It just says payment received from paypal but in short for instance "PAYPAL Debit 2000$"

If it shows it on yours worst case scenario you could say that you're working together with someone else on ebay and you use his accounts to sell stuff. You communicate through whatsapp or something like that.

Idk how the laws work in your country though. Coming from a conservative this sounds pretty ****ing ridicolous lol

And if you have multiple accounts you could just say you're working with multiple people and that's how your business works - you help people sell stuff.


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