hash112 Posted March 25, 2017 Share Posted March 25, 2017 Hi guys so I want to make a fiverr acccount where I can sell my services. So I was wondering if I snake a new debit card with another bank and set it up from there? Because I also want to make my own website and sell other services there. Is a business account needed ? Do I have to tell my bank ? Link to comment Share on other sites More sharing options...
djgodknows Posted March 25, 2017 Share Posted March 25, 2017 Hi guys so I want to make a fiverr acccount where I can sell my services. So I was wondering if I snake a new debit card with another bank and set it up from there? Because I also want to make my own website and sell other services there. Is a business account needed ? Do I have to tell my bank ?So I was wondering if I snake a new debit card with another bank and set it up from there?I am lost here what do you mean? :thinking: Link to comment Share on other sites More sharing options...
hash112 Posted March 25, 2017 Author Share Posted March 25, 2017 So I was wondering if I snake a new debit card with another bank and set it up from there?I am lost here what do you mean? :thinking:I mean make* do I have to tell my new bank that i should make a business account ? I’m only 18 Link to comment Share on other sites More sharing options...
djgodknows Posted March 25, 2017 Share Posted March 25, 2017 I mean make* do I have to tell my new bank that i should make a business account ? I’m only 18I see that you are from U.K and as far as I know, you do not need to tell your bank to create a business account.As for the tax purposes maybe someone from U.K can shed some further light on this.@offlinehelpers Link to comment Share on other sites More sharing options...
offlinehelpers Posted March 25, 2017 Share Posted March 25, 2017 I see that you are from U.K and as far as I know, you do not need to tell your bank to create a business account.As for the tax purposes maybe someone from U.K can shed some further light on this.@offlinehelpersIf you’re just setting up a PayPal business account, which can be used on Fiverr and elsewhere, you don’t need a business bank account as well, just an ordinary current account will do,Hope this helps! Link to comment Share on other sites More sharing options...
hash112 Posted March 25, 2017 Author Share Posted March 25, 2017 If you’re just setting up a PayPal business account, which can be used on Fiverr and elsewhere, you don’t need a business bank account as well, just an ordinary current account will do,Hope this helps!Okay thank you so much. Do I have to signup under a PayPal business account or would a personal account be fine 🙂 Link to comment Share on other sites More sharing options...
hash112 Posted March 25, 2017 Author Share Posted March 25, 2017 I see that you are from U.K and as far as I know, you do not need to tell your bank to create a business account.As for the tax purposes maybe someone from U.K can shed some further light on this.@offlinehelpersThank you my friend for the help. Appreciate the help Link to comment Share on other sites More sharing options...
djgodknows Posted March 25, 2017 Share Posted March 25, 2017 Thank you my friend for the help. Appreciate the helpYup. No problem. 👍 Link to comment Share on other sites More sharing options...
offlinehelpers Posted March 25, 2017 Share Posted March 25, 2017 Okay thank you so much. Do I have to signup under a PayPal business account or would a personal account be fine 🙂If you want to use PayPal on Fiverr only, a personal account is fine. Link to comment Share on other sites More sharing options...
hash112 Posted March 25, 2017 Author Share Posted March 25, 2017 If you want to use PayPal on Fiverr only, a personal account is fine.Ok thank you. I was planning to make a website where I can sell additional social media services. So wasn’t too sure if I am meant to create a business PayPal account or a personal one. Link to comment Share on other sites More sharing options...
offlinehelpers Posted March 25, 2017 Share Posted March 25, 2017 Ok thank you. I was planning to make a website where I can sell additional social media services. So wasn’t too sure if I am meant to create a business PayPal account or a personal one.If you want to sell on an external website as well, then a PayPal business account might suit you better, but again, only a personal current bank account is needed. Link to comment Share on other sites More sharing options...
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