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Old 10-15-2014
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Default Bank account question

I just wanted to ask so i can be clear on something after reading stealth.. now it says that ebay cant see the name on the bank account just bank info.. so my question is this..

I have a existing account im going to take over in a friends name, can i make a new bank account in my name and use it with this other account and be ok if i just dont link them or whats the best way to go about this to be safe?

I do have a indef susp account.

Im just trying to make it as easy as i can for my friend since hes already doing me a favor we just dont want to use his already existing paypal account linked to his bank account.
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Default Re: Bank account question

Using friends accounts is not ideal...what happens if the PayPal ended up with a very large negative balance, credit ratings would be hit on your friend.

Start yourself with unique information - taking over accounts ends in tears
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Default Re: Bank account question

i should be clear, the account im taking over in a friends name is a ebay account. im wondering if i can make a new paypal account in my name and use it with that ebay account.
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Default Re: Bank account question

Not a good plan.

What is your plan for his tax implications?
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Default Re: Bank account question

this account will be a small one coming in under the $20k/200 transactions per yr
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