Enter SSN to Lift $500 Withdrawal Limit in Business Account
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Hi,
I have a personal PayPal account for a long time, and recently I am starting a small business so I am creating a separate business Paypal account. All is going well except that I see I need to enter my SSN in order to lift the $500 withdrawal limit. I don't mind putting that in; I will be reporting that income to the IRS.
However, when I into my SSN, it said that the SSN has already been used in another account (which means my personal account), and it wouldn't let me enter my SSN.
I can use my husband's corporation's EIN, but can I enter an EIN in place of an SSN in that spot?
Thanks!!
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EINs are accepted for registered businesses however, you still may be asked for your SSN. This happened to use when we applied for PayPal Here. Suggest that you follow-up with customer support with your concerns as should be able to help with the SSN part. You can contact them via email, phone or through Twitter @AskPayPal or via Private Message on their Facebook page at https://www.facebook.com/PayPal
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I have decided not to give my SSN to Paypal. I dont mind the $500 limit, but I am wondering when does the month flip to the next month?
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