How do I switch back to Personal account from a Business Account?

yanikawai
Member
Member

I used a personal account but someone told me to make it a business account because you can use different name. And I want to go back to a personal account now because it keeps holding my money for a lot of days.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@yanikawai 

 

You would still have to have your legal name on that account but can use a business/company name if you own one on a business account.

However to withdraw funds the name on the account and bank account must match.

Lastly you would be subject to the new seller hold regardless of paypal account type.

 

There is no automatic way to downgrade a business account to a personal account, you have to contact customer services and they will do that for you.

Click help / contact bottom left of Paypal pages for options available for your country.

Or have you considered contacting Customer Service via Facebook or Twitter?
You can send them a personal message from their facebook or twitter pages.
It's: https://www.facebook.com/PayPal and @AskPayPal for Twitter.
OR
You could just close your business account (removing all subscriptions / financial info etc first) and open a personal one.


Advice is voluntary.
Kudos / Solution appreciated.
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