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Published byBridget Ford Modified over 8 years ago
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Linking PayPal with your Online UK Business Account © 2016 Extra Direct (UK) Ltd PLEASE NOTE: This document is protected under Copyright. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of Extra Direct (UK) Ltd. For permission requests, email admin@extradirect.co.uk.
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Not all Online Business Payment Accounts will work with PayPal as they will insist you use the account to also fund potential purchases, meaning they will be required to WITHDRAW funds from your account at any given time and for any given amount.
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So PayPal will NOT WORK for any account that doesn’t offer Direct Debits.
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By following our method, you will be able to link your new Online Business account to your PayPal account and have your money credited to it as you could any other Bank account.
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You MUST follow our process step-by-step in order to complete the process.
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IMPORTANT: You must then ask them to manually add your account but only as a ‘Savings’ account, which will ONLY allow you to withdraw funds and not deposit.
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Check your account after 2 hours and the 1p should be there – if they are not, keep checking as the payment could take between 24-48 hours to arrive.
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Add the code in the required place and submit That will add your new account and verify you are the owner of it.
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That should complete the process and allow you to withdraw your funds from PayPal directly into your new Business Account. Please ensure you follow these directions to make sure your new account is fully accepted and verified. © 2016 Extra Direct (UK) Ltd PLEASE NOTE: This document is protected under Copyright. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of Extra Direct (UK) Ltd. For permission requests, email admin@extradirect.co.uk.
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