Beneficial Owner - 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 > Marketplace Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 12-02-2019
Junior Member
 
Join Date: Nov 2019
Posts: 16
Thanks: 0
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 7%
iTrader: (0)
Default Beneficial Owner

I have stealth Pay Pal account. It is a business account. It is not in my name and now Pay Pal is asking for "beneficial ownership" information which I cannot provide or they will shut down the account. I am not sure what to do at this point. Please help
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 12-02-2019
SaiJin's Avatar
Super Moderator
 
Join Date: Jul 2008
Posts: 9,870
Thanks: 253
Thanked 1,590 Times in 1,363 Posts
Activity: 86%
Longevity: 89%
iTrader: (2)
Default Re: Beneficial Owner

Just wondering, did you go over the $20k/year treshold?
Reply With Quote
  #3  
Old 12-02-2019
Junior Member
Threadstarter  
 
Join Date: Nov 2019
Posts: 16
Thanks: 0
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 7%
iTrader: (0)
Default Re: Beneficial Owner

I did. 2018 I did $45,000 and this year I have done $33,000
Reply With Quote
  #4  
Old 12-02-2019
agent006140's Avatar
Senior Member
 
Join Date: Jul 2018
Posts: 8,067
Thanks: 1,150
Thanked 737 Times in 692 Posts
Activity: 92%
Longevity: 17%
iTrader: (0)
Default Re: Beneficial Owner

how many transactions?
Reply With Quote
  #5  
Old 12-02-2019
yankee's Avatar
Executive [VIP]
 
Join Date: Nov 2013
Posts: 8,268
Thanks: 2,475
Thanked 2,823 Times in 2,068 Posts
Activity: 50%
Longevity: 51%
iTrader: (2)
Default Re: Beneficial Owner

It is pretty new BUT some of us have had this request for a long time now and have just ignored it with the only downfall being you can only withdraw the funds.

Other people claim to have been limited. That has not been my experience or anyone I personally know or chat with here and other similar places.

And....you would be mistaken to believe if you give them your details you would be shut down. That must be the number 2 miss-truth in this forum.
Reply With Quote
  #6  
Old 12-03-2019
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 63,569
Thanks: 4,930
Thanked 7,726 Times in 7,058 Posts
Activity: 100%
Longevity: 79%
iTrader: (7)
Default Re: Beneficial Owner

Welcome to the forum OP - all the best as you master stealth
Reply With Quote
  #7  
Old 12-03-2019
Junior Member
Threadstarter  
 
Join Date: Nov 2019
Posts: 16
Thanks: 0
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 7%
iTrader: (0)
Default Re: Beneficial Owner

Over 2500 transactions.
Reply With Quote
  #8  
Old 12-03-2019
agent006140's Avatar
Senior Member
 
Join Date: Jul 2018
Posts: 8,067
Thanks: 1,150
Thanked 737 Times in 692 Posts
Activity: 92%
Longevity: 17%
iTrader: (0)
Default Re: Beneficial Owner

Quote:
Originally Posted by Steelhead56 View Post
Over 2500 transactions.
2019,2500 transactions and $33K?
why does it take so long for PAYPAL to ask for beneficial owner ?
how many transactions did you do last year 2018?
Reply With Quote
  #9  
Old 12-03-2019
agent006140's Avatar
Senior Member
 
Join Date: Jul 2018
Posts: 8,067
Thanks: 1,150
Thanked 737 Times in 692 Posts
Activity: 92%
Longevity: 17%
iTrader: (0)
Default Re: Beneficial Owner

Quote:
Originally Posted by yankee View Post
It is pretty new BUT some of us have had this request for a long time now and have just ignored it with the only downfall being you can only withdraw the funds.

Other people claim to have been limited. That has not been my experience or anyone I personally know or chat with here and other similar places.

And....you would be mistaken to believe if you give them your details you would be shut down. That must be the number 2 miss-truth in this forum.
----------------------------------------------------------------

yes,I know some cases ,the accounts were limited,but there could be other reasons involved.
yes,if you give them details,your account could be shut down if they link your account with other account based on the information you give them.
Paypal never delete any account,closed or open,suspended,limited or active
Reply With Quote
  #10  
Old 12-03-2019
Junior Member
Threadstarter  
 
Join Date: Nov 2019
Posts: 16
Thanks: 0
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 7%
iTrader: (0)
Default Re: Beneficial Owner

I had 900 transactions in 2018
Reply With Quote
  #11  
Old 12-03-2019
agent006140's Avatar
Senior Member
 
Join Date: Jul 2018
Posts: 8,067
Thanks: 1,150
Thanked 737 Times in 692 Posts
Activity: 92%
Longevity: 17%
iTrader: (0)
Default Re: Beneficial Owner

200 transactions AND $20K ,PAYPAL WILL send 1099k to you and IRS.
Reply With Quote
  #12  
Old 12-03-2019
agent006140's Avatar
Senior Member
 
Join Date: Jul 2018
Posts: 8,067
Thanks: 1,150
Thanked 737 Times in 692 Posts
Activity: 92%
Longevity: 17%
iTrader: (0)
Default Re: Beneficial Owner

Quote:
Originally Posted by Steelhead56 View Post
I have stealth Pay Pal account. It is a business account. It is not in my name and now Pay Pal is asking for "beneficial ownership" information which I cannot provide or they will shut down the account. I am not sure what to do at this point. Please help
SO IT IS A BUSINESS ?
Is it LLC?
Reply With Quote
  #13  
Old 12-03-2019
Junior Member
Threadstarter  
 
Join Date: Nov 2019
Posts: 16
Thanks: 0
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 7%
iTrader: (0)
Default Re: Beneficial Owner

I am going to incorporate this week as a LLC
Reply With Quote
  #14  
Old 12-03-2019
Junior Member
Threadstarter  
 
Join Date: Nov 2019
Posts: 16
Thanks: 0
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 7%
iTrader: (0)
Default Re: Beneficial Owner

My old E bay account was closed by E bay. The Pay Pal account associated was not closed. I opened a stealth account along with a stealth Pay Pal account. My question is, if I supply Pay Pal my SS number will they tie my ole E Bay account to that number and close me my new Pay Pal account along with my new E bay account.
Reply With Quote
  #15  
Old 12-03-2019
SaiJin's Avatar
Super Moderator
 
Join Date: Jul 2008
Posts: 9,870
Thanks: 253
Thanked 1,590 Times in 1,363 Posts
Activity: 86%
Longevity: 89%
iTrader: (2)
Default Re: Beneficial Owner

if you used your SSN before on another account then yes, they'll link you in a heartbeat.
Reply With Quote
  #16  
Old 12-08-2019
yankee's Avatar
Executive [VIP]
 
Join Date: Nov 2013
Posts: 8,268
Thanks: 2,475
Thanked 2,823 Times in 2,068 Posts
Activity: 50%
Longevity: 51%
iTrader: (2)
Default Re: Beneficial Owner

Quote:
Originally Posted by SaiJin View Post
if you used your SSN before on another account then yes, they'll link you in a heartbeat.
I dont think you have any experience here as far as Managed Payments, Etsy Payments or Paypal LLCs and SSs used with EINs. Or at least, not more than one in the USA.
Reply With Quote
  #17  
Old 12-26-2019
Junior Member
 
Join Date: Oct 2012
Posts: 259
Thanks: 17
Thanked 37 Times in 28 Posts
Activity: 0%
Longevity: 58%
iTrader: (0)
Default Re: Beneficial Owner

Op, did you send money out from this account or only received money and transferred it to your bank account?
Reply With Quote
  #18  
Old 12-28-2019
Junior Member
 
Join Date: Feb 2014
Posts: 92
Thanks: 26
Thanked 19 Times in 15 Posts
Activity: 0%
Longevity: 48%
iTrader: (0)
Default Re: Beneficial Owner

Quote:
Originally Posted by Steelhead56 View Post
My old E bay account was closed by E bay. The Pay Pal account associated was not closed. I opened a stealth account along with a stealth Pay Pal account. My question is, if I supply Pay Pal my SS number will they tie my ole E Bay account to that number and close me my new Pay Pal account along with my new E bay account.
My old real ebay account was vero suspended. I left it as is for a few years and then opened a real account with the same info (name, address) and the same paypal, just for experiment. the only difference this time used new ip and phone. I was never linked. I wonder if it depends how long ago your account was suspended.
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
PayPal Beneficial Ownership INFO MxTx PayPal Talk 15 12-18-2019 02:32 PM
Registering as an LLC on Amazon... Beneficial Owner? Fez89 Amazon 3 09-04-2019 05:12 PM
[UK] Current Appointments Report + Beneficial Owners strep86 Amazon 10 01-08-2017 10:33 AM


Aspkin Group

All times are GMT -5. The time now is 06:17 AM.


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 - 2020, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts