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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.

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  #1  
Old 09-15-2014
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Default Business paypal account

Hi,

I have opened a business account, and paypal asked me to provide company name and registration number. I can provide them with no problem, because i did not use them before, it is new registered company.

My question is will they know the name directory or people who registered the company? in that case, my name will be linked to the old account.

Your help will be highly appreciated.

Best wishes,
Emily
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Old 09-16-2014
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Default Re: Business paypal account

Has anyone got this kind of information please. Thanks
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Old 09-16-2014
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Default Re: Business paypal account

I would be careful and not use a company with your name and address linked to ebay or paypal
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Old 09-16-2014
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Default Re: Business paypal account

Quote:
Originally Posted by stevebills View Post
I would be careful and not use a company with your name and address linked to ebay or paypal
What are you suggesting steve? Setting up a company in something else than real name (nothing to do with PP)? That's not recommended
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Old 09-16-2014
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Default Re: Business paypal account

Quote:
Originally Posted by ez219 View Post
Has anyone got this kind of information please. Thanks
this is the problem with a business account.

Names can be found out and a link made.

You have to be careful about business account operations

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Old 09-16-2014
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Default Re: Business paypal account

Quote:
Names can be found out and a link made.

You have to be careful about business account operations
Agreed. I personally prefer to use premier paypal accounts for business purposes.
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Old 09-16-2014
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Default Re: Business paypal account

right premier accounts are what?
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Old 09-16-2014
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Default Re: Business paypal account

Quote:
Originally Posted by rsot View Post
What are you suggesting steve? Setting up a company in something else than real name (nothing to do with PP)? That's not recommended
Last time I used a business account its was my mates business and his address
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Old 09-16-2014
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Default Re: Business paypal account

Quote:
Originally Posted by stevebills View Post
right premier accounts are what?
They are just non-business accounts now
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Old 09-16-2014
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Default Re: Business paypal account

Quote:
Originally Posted by stevebills View Post
Last time I used a business account its was my mates business and his address
Playing with fire again
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Old 09-22-2014
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Default Re: Business paypal account

Here is the update:

I told paypal i donot have company number and VAT number. However they donnot review the documents i submitted until i added the paypal to my ebay. In the second day, the paypal was limited, and I cannot appeal the desicion.

I submitted real documents. Every times i called them, i hide my home number, new IP address, everything is new, and i cannot see any reason they put a limit to my account.

They refused to tell why they limited my paypal account. Both paypal and me are getting mad in different way.
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Old 09-24-2014
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Default Re: Business paypal account

You cannot open a business paypal and tell them you do not have a company number - that right there is what flagged you up
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Old 09-24-2014
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Default Re: Business paypal account

I have a Paypal business account and dont have a company number as I am self employed. You only need a company number if you have registered a limited company. Many self employed people in the UK never register as a company or earn enough to have to register for VAT.

I wonder how many self employed market stall sellers have a "company number".

I just opened a business account with Santander. On the online application form they wanted a "company number" so I called the help line and simply gave them my tax number.

One would expect a bank to know better.
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  #14  
Old 09-24-2014
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Default Re: Business paypal account

Paypal has a sole trader account - that is what you should have opted for from the start. Or even a premier account

A business account is for ltd companies

http://www.aspkin.com/forums/uk-ebay...ccount-go.html

WARNING - PAYPAL COMMUNITY LINK

https://www.paypal-community.com/t5/...er/td-p/684769

Last edited by JamesNorth101; 09-25-2014 at 04:59 AM. Reason: put in a warning
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Old 09-25-2014
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Default Re: Business paypal account

Quote:
Originally Posted by Dini View Post
Paypal has a sole trader account - that is what you should have opted for from the start. Or even a premier account

A business account is for ltd companies

http://www.aspkin.com/forums/uk-ebay...ccount-go.html

https://www.paypal-community.com/t5/...er/td-p/684769
are the above links safe ?????????? !!!!!!!!!!!!
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  #16  
Old 09-25-2014
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Default Re: Business paypal account

I got paypal account under stealth name and real LTD company details inc. my real name as a director and never had any problems.
In regards to business account. You can open it even if you are self employed too. I remember at some point it gives you an option to choose if you are a ltd or self employed.

Last edited by Dawidck; 09-25-2014 at 03:41 AM.
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  #17  
Old 09-25-2014
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Default Re: Business paypal account

Quote:
Originally Posted by arktech View Post
are the above links safe ?????????? !!!!!!!!!!!!
1st link is to forum.

2nd link is to pp - should have had warning disclaimer
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