Thanks, PayPal_Sophie for that information, but I am still a little unclear on a couple of points. Firstly, renewing 'on a rolling basis' could have a couple of meanings, one being that - as long as no more than £1900 income in each 12-month period is received - there will be no restriction on the PayPal account; alternatively, it could mean that a restriction would be placed on the account at £1900 (of income), irrespective of the length of time it takes to reach that level of income. Clearly, having a limit of £1900 per 12-month period is less restrictive than the alternative and might be achievable by judicious management of the facility to receive payments for services the Association provided.
From what you write, am I correct in assuming that the Association would have to open a Business PayPal account, even though the person charged with its administration would - in all likelihood - change every 3 years or so (our Treasurer is elected for a 3-year period in office, but may be re-elected for subsequent such periods)? In those circumstances, what documents would be required for verification, as we are limited merely by our Constitution and the Rules of the Association, both of which are clearly open to view on our website, although there are other signed Bank documents required in order to operate our account?
