I recently went LTD from sole trader, so I set up a business bank account so everything is lejit and PayPal business account can be my holdings account.
SO I sent £5 to my business bank account to see how long it would take - it went in within a few hours.. so I sent over the larger sum. It took 20 hours. The person on the phone said I could check all pending payments on my end to see how long the pending payment is for - incorrect - they also said it was for security checks.. Then why did my first payment go in no problem.. I have (reluctantly) sent money into my business acount again and its been pending since it went in. I withdrew it on Friday the 22nd 8:30 BST so by my calculations, the 72 hours is up this morning, BUT it was weekend, are these counted in the 72 hours?
This all seems like a massive ball ache to me and I might as well just use the paypal account as a business account and pay wages in there - or go with someone else!
