UK PayPal Accounts for Withdrawing
Hi
I am new and want some help. Let me first explain my situation.
I don't sell anything on eBay? I have my own consultancy services and there is nothing that is needed to be posted.
I had PayPal Accounts on my own and my husband's names almost 5-6 years old they got limited. Then I started using my Friend's PayPal Accounts and was able to withdraw the payments from the same Bank Account. Now for some reason, I can not continue receiving payments in my friend's accounts so I have to find another way of receiving payments.
I have read the Sealth Guide and have understood so many things. But I am not sure how this actually works?
I have 3 - 4 Savings Bank Accounts -> How I can use them for withdrawing payments? Do I need to make PayPal Accounts for withdrawing payments on my nickname? What if PayPal asks for documents? My account will be on Nick or mismatch name?? I will need VCC for Bank verification. But if PayPal asks for documents then how to cope with that situation. Do I have to create PayPal using my original name and then linked it with one of my Saving Bank ACcount? Please help!
Also in this marketplace, the standalone PayPal Accounts says there is EU Limit of £2300 yearly and they also provide documents for that. After reaching £2300 PayPal will ask documents, once cleared will the limit lift or it will still there? Also, does this limit applies to my case even I am not selling on eBay?
Can anybody here please share his/her thoughts on my situation?
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