Forum

Change of bank account.
 

Hi,

I had my p p for more than 3 years and i kept a low(even none) rate of open cases etc. the account is in very good condition. The account is connected to my personal bank account.

However, due to the request of my auditor and accountants. They request me to change the bank account of p p which I could withdraw directly to my company ltd bank.

Just wonder does it raise any red flag to p p ? shall I avoid this move and stay whatever I am now?

Re: Change of bank account.
 

Add the new bank first. Confirm it. Do a few withdrawals. Remove old bank.

Shouldn't cause any problems at all.

Re: Change of bank account.
 

the point is any red flag? i can still withdraw it right?
IE. P P under my name.
Banks is company name.

I remember e b stealth mentioned names doesn't count.

Re: Change of bank account.
 

People on here sometimes get overly worried about "red flags" etc etc. Making any changes to an account increases the risk of limitation / review but realistically nothing is going to happen to your account by replacing the bank account.

Paypal cannot see the real name on the bank account, be it a company name or a mismatched personal name.

Re: Change of bank account.
 

You can add another bank account - no problems, been done many times

Re: Change of bank account.
 

Thank you guys.
It does help a lot.