Payouts and account ownership
Payments
Payouts and account ownership
Payouts go only to a bank account held in the exact legal name of the business.
Not allowed
Payout accounts in a personal name, a relative’s name or another company’s name
Changing the payout account shortly after a large sale without verification
Using one bank account for businesses you do not own
Allowed
A current account in the legal name, confirmed with a bank letter or cancelled cheque
Sole proprietors using an account in the proprietor’s name, when the business is registered that way
Why we have this rule
Matching names is how we make sure your customers’ money reaches your business, and not someone who has taken over your account.
If this rule is broken
The channel that looks after it may warn or suspend. Scams and illegal content are acted on straight away.
How decisions work
All Community rules