Is it better to use Tide or Wise for a UK business account?

[kengshu]

I have registered UK company and have registered Wise business account. Checked the forums, not sure using Wise or Tide.

[murdered_by_ebay]

tide is better if it is still allowed , I don't think though ebay will allow you to sell if you are a non-resident

[rsot]

registered UK company has an address in UK? Able to get normal bank accounts/

[kengshu]

Originally Posted by murdered_by_ebay

tide is better if it is still allowed , I don't think though ebay will allow you to sell if you are a non-resident

yeh, I am non-resident. can not get a ordinary bank account

[rsot]

Originally Posted by kengshu

yeh, I am non-resident. can not get a ordinary bank account

duly noted - good luck on Tide use

[murdered_by_ebay]

ebay will not allow you to sell if contact person is not a resident , this may work on amazon but ebay want to see residents only and they do credit checks on every contact person and check companies house details to make sure they are shown as director or owner there

[kengshu]

Originally Posted by rsot

registered UK company has an address in UK? Able to get normal bank accounts/

but i don't live in uk，seems not able to get one

[kengshu]

Originally Posted by murdered_by_ebay

ebay will not allow you to sell if contact person is not a resident , this may work on amazon but ebay want to see residents only and they do credit checks on every contact person and check companies house details to make sure they are shown as director or owner there

Since foreigners can legally register companies, they should also be able to carry out business activities in the UK. So I want to try ebay. I know that after selling a certain amount, the account will be required to submit passport and company information.

[murdered_by_ebay]

you can try but in this case you should state uk address as contact on ebay , if you write a foreign address there your account will be suspended

[kengshu]

That is a must; address, phone number, bank all UK.

[murdered_by_ebay]

I do not mean company address but director details and they need to match companies house info

[kengshu]

will go with Wise business account. and update you guys with progress.

[rsot]

good luck - business account might make the difference

[aslam]

Originally Posted by murdered_by_ebay

tide is better if it is still allowed , I don't think though ebay will allow you to sell if you are a non-resident

Can any one help

I have ebay business account registered and verified MP on company name in UK. I lost the bank account as it was on revolt and revolt closed it. Now what is the best way to add a new account ?

New account is on high street netwest bank business account having the same address as ebay registered address and the company address all same.

But name on bank account is different not matched with registered person name on ebay? Do you think it will work as address matched ? or it is must that the name and DOB also should match ?

2ndly the name on new bank account is mine orignal name but I was banned on ebay 3 to 4 times before MP.


will it be safe if I change my original name on ebay or it is not wise ?

any help will be apricated
Thanks

[murdered_by_ebay]

ebay will accept new bank account but if your bank accepts payments made to a company on personal account that you need to test

[degsey69]

The bank details do not have to match so you can put a different name against the account on eBay as they can not check it, I know nat west will accept payments from eBay from a different name selling account to that which is on the bank account.

[murdered_by_ebay]

this is a company account though , all payments would go to a limited company , not a personal name , this may become a problem for a bank indeed

[aslam]

I still have company registered and I am director of that company in net west I have opened a new bank account. on company name. So it is as bellow

on ebay
Company Name: ABC LTD UK, Registered person XYZ. and XYZ is active director on company house, and myself also director

on Bank.

in Netwest Company Account ABC LTD UK. but name on this account is mine not the person who is registered in ebay.


So I believe I am safe if I will add this account because company name will be matched on ebay and bank so all payments will go through and my name on bank as company owner and account holder will not effect ?

Also my address on company ebay and bank all same and real address matched with Credit check

Thank you very much for every one who replied to me on this thread

[kengshu]

Why revolt closed your account?

[aslam]

Due to no activity on the account for more than 6 months

[degsey69]

Originally Posted by kengshu

will go with Wise business account. and update you guys with progress.

Maybe should have looked at the reviews of Wise before committing to using them. See link below.

https://www.consumeraffairs.com/fina...nsferwise.html

[Hank]

Originally Posted by degsey69

Maybe should have looked at the reviews of Wise before committing to using them. See link below.

https://www.consumeraffairs.com/fina...nsferwise.html

...or see this link below given we're talking about a UK business account.

https://uk.trustpilot.com/review/wise.com


Nearly all of those on the link you gave were trying to use it as a money transfer service. For business banking there are very few issues, I've used them without any problems whatsoever for many years now.