paypal is doing deposits in my business name - 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 > International eBay & Paypal Discussions > UK eBay & Paypal

UK eBay & Paypal General discussions about eBay.co.uk Suspensions and Paypal.co.uk limited accounts. This forum is geared towards UK eBay & Paypal sellers.

Reply
 
Thread Tools
  #1  
Old 07-14-2016
Junior Member
 
Join Date: Jun 2013
Posts: 50
Thanks: 6
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 67%
iTrader: (0)
Default paypal is doing deposits in my business name

Hi, i have set up paypal business account and attached personal bank account.

Paypal is sending withdrawals to my bank account in my business name rather than my real name.

I want customers to see only my business name, but withdrawals have to go in personal name, otherwise i can get in trouble with bank i guess.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 07-14-2016
Senior Member
 
Join Date: Jan 2013
Posts: 2,821
Thanks: 1,325
Thanked 912 Times in 562 Posts
Activity: 0%
Longevity: 69%
iTrader: (337)
Default Re: paypal is doing deposits in my business name

You can give your bank a heads up to let them know the business name that will be making the deposits. Or change the business name to a variation of the personal name
Reply With Quote
  #3  
Old 07-14-2016
Senior Member
 
Join Date: Aug 2012
Posts: 6,121
Thanks: 1,110
Thanked 1,657 Times in 1,334 Posts
Activity: 0%
Longevity: 71%
iTrader: (38)
Default Re: paypal is doing deposits in my business name

You could keep it extra simple and just open a business bank account, so accepting payments in that name won't have any issues.

Some banks can get funny with large sums of money coming into a personal account, even with the right name.
Reply With Quote
  #4  
Old 07-14-2016
e2free's Avatar
Executive [VIP]
 
Join Date: Dec 2014
Posts: 3,348
Thanks: 485
Thanked 628 Times in 562 Posts
Activity: 0%
Longevity: 59%
iTrader: (23)
Default Re: paypal is doing deposits in my business name

Ring paypal and ask them to chnage the name on withdrawal they will do this over the phone
Then when you trabsfer the money u will see your name will come up
Reply With Quote
  #5  
Old 07-14-2016
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 42,343
Thanks: 5,612
Thanked 9,143 Times in 7,106 Posts
Activity: 0%
Longevity: 96%
iTrader: (6)
Default Re: paypal is doing deposits in my business name

Quote:
Originally Posted by lauriat View Post
Hi, i have set up paypal business account and attached personal bank account.

Paypal is sending withdrawals to my bank account in my business name rather than my real name.

I want customers to see only my business name, but withdrawals have to go in personal name, otherwise i can get in trouble with bank i guess.
Why would you get in trouble?

Let the bank know deposits come in a business name.

Now, the only chance of an issue might be if the bank account is a personal one.
What type of account do you have?
Reply With Quote
Reply




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
Why do micro deposits take 2-3 business days? nodeal PayPal Talk 9 09-08-2015 07:48 PM
Anyone successfully changed bi-weekly deposits into daily deposits? subzero3001 Amazon 6 11-30-2012 12:47 AM
paypal deposits smellybelly UK eBay & Paypal 6 06-29-2011 10:11 AM
the paypal deposits stevebills Subscriber Discussions 35 05-24-2011 03:16 PM
Does citibank not accept amazon deposits in "business name" (|-|4/\/\3L30|\| Amazon 5 12-13-2010 04:00 PM


All times are GMT -5. The time now is 05:34 PM.


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!
Rotating Residential Proxies? Head to IPBurger for Residential Proxies
vBulletin® Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts