Accepting Large Affiliate Commissions?

6 replies
When You get large affiliate payment like $50k do you guys run into trouble at the bank? Cuz my banks down here got a $10,000 dollar threshold where they ask you to declare where you got the funds? This is annoying should I just open a business account?
#accepting #affiliate #commissions #large
  • Profile picture of the author PPC-Coach
    Yeah get a business account and once you bring a couple large ones they will stop giving you a hard time. In fact they'll become your best buddy.



    Right now they think you're into drug trafficking. (that's what one bank lady told me one time)
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  • Profile picture of the author oppyeaunome
    yeah I know! Its the funny look when the tellers be looking at an average joe like me walk into the bank to collect my earnings lolololololololololololol!
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    • Profile picture of the author Ashmay
      ?... please tell how ur making that kind of money in affiliate commissions!! Whats your offers and traffic source???
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  • Profile picture of the author ChrisBa
    Originally Posted by oppyeaunome View Post

    When You get large affiliate payment like $50k do you guys run into trouble at the bank? Cuz my banks down here got a $10,000 dollar threshold where they ask you to declare where you got the funds? This is annoying should I just open a business account?
    I've had my personal account frozen for some time due to this, I recommend getting a business account ASAP
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  • Profile picture of the author bit twiddler
    You say "the banks down here". Are you in the U.S.? or another country. Here in the U.S., and many other countries, you should become incorporated to protect yourself from liabilities. DBA's are simply you acting as a business, Corporations are entities in and of themselves and shield you from liabilities that may arise from the acts of doing business. As well, branding and building a business as a corporation lends to the credibility of the entity when it is capable of standing on its own in growth and accomplishment.
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    T J Tutor
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