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NEEDHELP With Setting Up Business Acount on Paypal

New Community Member

NEEDHELP With Setting Up Business Acount on Paypal

While I was setting up the Business Account at Paypal, It said that the name on the Bank account and the name on the Pan Card should be the same. However, I have a Current Account on the name of my firm and Pan card on my Name (Personal). How can I link that Bank Account to Paypal? 

 

I hope to get a solution to my query from this amazing community. 

Cheers!!

1 REPLY 1
Moderator

Re: NEEDHELP With Setting Up Business Acount on Paypal

Hi @ROHITKUMAR_,

 

Welcome to the community and thanks for posting. 

 

When you set up a PayPal account you can add a business name but your own name will also be on the account. If you have chosen a business account, however, your bank account should also be in the business name as that is the name that withdrawals will be processed in. 

 

If you have a registered business you should have a company PAN that can be added to your PayPal account. 

 

Rachael