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Paypal account

Discussion in 'White Hat SEO' started by alaltaierii, Jan 12, 2011.

  1. alaltaierii

    alaltaierii Supreme Member

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    I got a message when I logged in in my paypal account. I'm sure a lot users from here received this message at some time and I just want your advice.

    "Jan 12, 2011: You have received ?1,800 or more in total payments to your PayPal account in this calendar year. PayPal is required by law to comply with European Union Anti-Money Laundering regulations by collecting information from customers when they receive more than ?2,500 in total payments within a calendar year. Please go to the Resolution Centre for more information on what you need to do."

    I have to resolve some kind of dispute to raise my limit : "identify yourself or your business type"

    What is your ownership type? ( I need to choose from this 3 options) :


    1)An individual consumer

    2)A sole proprietor

    3)Any other type of business, charity, or government entity

    Well, I need to justify where this money came from.

    I sell on other IM forums scrapebox autoapprove lists and some backlinks packs. What do you suggest me to choose ? I heard that if you choose business you need to give to paypal receipts and other things like that.

    What is the best option to choose ? individual consumer or sole proprietar ?

    Do I need to show them my sales forum threads so I can prove where the money comes from ?
     
  2. Schoolboy12

    Schoolboy12 Registered Member

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    No if you choose sole proprietor you will just have to give them a tax id number, if you choose consumer they will ask for a social security number.
     
  3. alaltaierii

    alaltaierii Supreme Member

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    what social security number ? I'm not from US
     
  4. alaltaierii

    alaltaierii Supreme Member

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    what social security number ? I'm not from US
     
  5. MisterGemini

    MisterGemini Senior Member

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    Poster I believe assumed you were. If you say you are a business of any kind, they are going to ask you to send a fax copy of your business license. If you can find a copy of what they look like in your country, do a little photoshop and fax it over.. you will be fine.

    Good luck,

    MG
     
  6. dra$tic

    dra$tic BANNED BANNED

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    I'm not sure about the UK but it is pretty easy to setup a sole prop. biz in the US. Just call the IRS or go online, tell them you want to start one and set it up with your credentials. They will give you your EIN# over the phone after and mail it to you as well.
     
  7. alaltaierii

    alaltaierii Supreme Member

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    I'm not from US, not from UK and I don't want a business account since paypal will ask receipts for some of my received payments.



    Well..I don't want to photoshop this kind of files. Business account is excluded.

    I guess I will choose An individual consumer or A sole proprietor