1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

How can I withdraw money from my PayPal business account without a link to a business bank account?

Discussion in 'BlackHat Lounge' started by freshaero, Aug 9, 2016.

Tags:
  1. freshaero

    freshaero Newbie

    Joined:
    May 15, 2016
    Messages:
    49
    Likes Received:
    6
    Gender:
    Male
    Hi all,

    Few years ago I opened a paypal business account and a business bank account which I linked to the first.

    However, due to few issues I closed the bank account few months ago.

    Presently, I have received a payment on my business but I can't withdraw (or make a payment/purchase with it) this last money from my PayPal business account (due to the fact I've closed the associated business bank account).

    Thanks in advance for your help,

    Freshaero
     
  2. Finn

    Finn Jr. VIP Jr. VIP

    Joined:
    Apr 22, 2013
    Messages:
    1,442
    Likes Received:
    926
    Occupation:
    SEO Consultant
    Location:
    BlackHatWorld
    Home Page:
    Just add a new bank account to your paypal. It doesnt needs to be "business account" just needs to run on the same name you are using on your paypal account.

    Thats it :)
     
  3. freshaero

    freshaero Newbie

    Joined:
    May 15, 2016
    Messages:
    49
    Likes Received:
    6
    Gender:
    Male
    The name on the paypal account is my company name. Do you mean I should change the name in paypal to match for example the name on my personal account(my full name)?
     
  4. Grozzy

    Grozzy Newbie

    Joined:
    Jan 1, 2013
    Messages:
    17
    Likes Received:
    13
    That's not necessary. You should be able to connect any valid bank account to you PayPal whether it's a regular or a business account.
     
  5. freshaero

    freshaero Newbie

    Joined:
    May 15, 2016
    Messages:
    49
    Likes Received:
    6
    Gender:
    Male
    It's strange since I have a personal bank account that I tried to link to it but it has been denied.

    However, after my post in the forum I contacted Paypal again and they "resolved" the issue by splitting the amount into several small amounts. Their explanation was that as I did not sent any money since I opened the PayPal business account, Paypal was trying to minimise risks by preventing me to send money above $50 from my business account.