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Managed Payment
 

So i got the pre-registration request for MP and the note that all accounts will need to transition to MP in late July. I have multiple accounts (above the PP/IRS reporting limit) with EIN's on PP. Each eb stealth account has a bank account attached (in my personal name and not the business name).

My question is, with MP, is it going to be a problem with the eb business name mismatching with my personal name on my bank account?

is the solution to open/convert the bank account to match the business name on the eb account? As in, convert from a personal bank account (my name) to a business bank account?

Note: I have EIN's for all accounts. Bank accounts have been set up with my SSN.

Re: Managed Payment
 

I don't think they'll force it.

Re: Managed Payment
 

Any feedback on this?

Re: Managed Payment
 

Have not tried anything yet..:tears:

Re: Managed Payment
 

I think that is what we will have to do I hear they are requiring the bank account information to match the account, my worry is do we really need to have a real SS attached to MP accounts or can we just use the EIN as our SS..
Please read my thread I think we are in a similar situation

Re: Managed Payment
 

I think I may have a solution it just sucks that we are all the guinea pigs.

Re: Managed Payment
 

Definitely interested in hearing your method