Does closing a business account bring the funds over to the personal account?

JustAnIchor
New Community Member

Hi, I'm currently wondering if closing my business account would transfer the funds over to my personal account as I may have set up a business account by accident with moeny in it. Would gladly take any feedback or assistance, thanks!

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kernowlass
Esteemed Advisor
Esteemed Advisor

@JustAnIchor 

 

You can't close an account with a balance, also if you close an account its closed.

If you want to downgrade the account from a business to a personal account you would need to contact customer services.

Can't advise further as you have not said which country you are in or added that country to your community profile so...............

 

Contact options for each countries Paypal customer services are accessed by clicking help/contact bottom left of Paypal pages.

1. Paypal phones (you can use the guest option if you can't log in).
2. Live chat is also randomly available.
3. You can send them a message, (during business hours you may also be able to message whilst logged out).
4. Have you considered contacting Customer Service via Facebook or Twitter?
You can send them a private direct message via Social Media on Facebook, Twitter/X, or Instagram pages.


Advice is voluntary.
Kudos / Solution appreciated.
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