Using family member name and address for managed payments
Hi everyone,
If I use a family member name and address with their permission can I use my own bank account not verify through trustly this time? Just enter sort code and account number?
Also if I receive payments into the account can I re change the address as family member not living in same city as me and if I post parcels from my city don’t want return address to be in another city if that makes sense.
Appreciate your replies.
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Re: Using family member name and address for managed payments
Quote:
Originally Posted by SaiJin
Yes, you can use your own bank account.
I also have a friends name and address and ebay have asked me to move to MP. Can I just use a bank with my name ? Or do I need a bank account with his name?
Re: Using family member name and address for managed payments
Quote:
Originally Posted by Fyyy
I also have a friends name and address and ebay have asked me to move to MP. Can I just use a bank with my name ? Or do I need a bank account with his name?
Re: Using family member name and address for managed payments
Thanks guys
So basically I select sole trader, then us friends address, name and DOB and when it asks for bank I use my account and my name?
Also the DOB isn’t correct, does that matter and shall I use correct DOB for the MP?
Re: Using family member name and address for managed payments
Quote:
Originally Posted by samspalace
Hi everyone,
If I use a family member name and address with their permission can I use my own bank account not verify through trustly this time? Just enter sort code and account number?
Also if I receive payments into the account can I re change the address as family member not living in same city as me and if I post parcels from my city don’t want return address to be in another city if that makes sense.
Appreciate your replies.
The problem is going to be in 2022 when the tax threshold for 1099k is only 600, then you will have to update your account with tax info of your own so your friend or family isn't screwed with reportings to the IRS.