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Multiple business PayPal accounts with different tax payer IDs

New Community Member

Multiple business PayPal accounts with different tax payer IDs

Hello,

I understand that we can have one consumer account and 1 business account.  My question is how PayPal determines ownership of these accounts.  For example, if I own 2 LLCs, they are separate entities from me.  It is frowned upon to commingle funds from my personal accounts and these two LLCs so the suggestions that have been made to use 1 PayPal account for many businesses actually can put a company in a legal issue.  So my question is if I have a business account with my social security number and another business account with my LLC's tax payer ID, is that considered me having two accounts or will Paypal consider that only having one account because the LLC is not me, it's a separate entity?

 

Thank you.