Paypal Business Account: do I need a matching bank account name?
I have a UK personal bank account registered with my real name, let's say John Smith. I currently also have a paypal UK premier account registered with John Smith's name.
I'm about to publish an ebook on sunday. On my website I use a fake name, let's say Joe Ox.
I'm using ejunkie to process the payments and when doing a trial purchase I noticed that my real name is displayed on the receipt that paypal sends to the buyer.
If I upgrade to a paypal business account I can use a fake name (Joe Ox) on the receipt.
1) In that case do I need to have a bank account with the same fake name (Joe Ox) in order to withdraw the money from the paypal account to the bank account?
2) do I only have these two options?
* display my real name to customers
* register a business name and open a bank account with that name
or are there other options I'm unaware of?
I would appreciate some tips on this.
Thank You
- Joe
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