Paypal want business details
Hi,
after an invoice for £170 was paid to my UK premier pp account the account was limited. This was a lot more than any other transaction. In order to lift the limits pp wants bank details, proof of address and information about my business.
The first two I can provide no problem, the third looks for tax details among other things. Now this account was nowhere near the £1900 anti-money laundering limit, but several pp accounts were linked to the same ebay account, with payments into them always stopping before they reached the £1600 warning point. There is near £700 in the account, with debit card attached, and I'm just wondering what would be the best course of action here.
Is it possible that if I provide the first two pp could lift the limitation? What if I just selected 'individual' from the drop down menu on the business details page? Would several other linked pp accounts that never reached the £1600 definitely mean an unkind appraisal from pp? In the meantime is it advised to end any listings that would pay into the account?
Anyway, the main sticking point here is pp looking for business details. I'm fairly new to selling on ebay and my activities only really started out as selling old stuff I wanted to get rid of which slowly but steadily snowballed in terms of sales. Stealth this wasn't, and it may be my first burn. Hope somebody can point me in the right direction. Any help much appreciated.
Regards
|