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Old 12-29-2015
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Default business stealth paypal and personal bank account

I am thinking will it be more safe if to change the name of business stealth paypal to something like a company name (i.e. CST) instead of a person's name (Claudie Steve Tailer), so when you receive money from the mismatched bank account, you will have excuse to explain to the bank that this is from my business company.
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Default Re: business stealth paypal and personal bank account

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Originally Posted by likefrasers View Post
I am thinking will it be more safe if to change the name of business stealth paypal to something like a company name (i.e. CST) instead of a person's name (Claudie Steve Tailer), so when you receive money from the mismatched bank account, you will have excuse to explain to the bank that this is from my business company.
Most banks will close your accounts for using a personal account for business.
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Old 12-29-2015
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Default Re: business stealth paypal and personal bank account

Just use a bank that has no problem with deposits being made from mismatching names and avoid the whole issue to begin with.
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Default Re: business stealth paypal and personal bank account

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Originally Posted by slokor View Post
Just use a bank that has no problem with deposits being made from mismatching names and avoid the whole issue to begin with.
I only have one bank account which is a checking account, I don't want to bust it, the checking account number can not be changed but the attached bank card number can be changed. Will it be a problem to attach the bank card number to paypal instead of the checking account?

In that way I will be able to change to different bank card if this paypal is limited. Then I move to another paypal, change a bank card (says I lost my previous bank card to apply a new one from bank).

I'm not quite familiar with the difference of the checking account and bank card. Anyone can advise me? Thank you so much.
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