Withdrawing money from Paypal

[Orson]

I've been going through Paypal's FAQs and user agreement, but couldn't pin down a couple of things...

I have a business account - nothing big - and would like to make the first withdrawal from it. However, my bank account name is my personal name, and Paypal insist on doing bank transfers to the business name.

Is there any way of getting round this? My bank won't accept bank transfers in another name, and Paypal Business accounts don't let you do this.

If I change the Paypal account to a Premier one, my name pops up on the payment screen the customers see - which looks rather unprofessional, and will put people off. I don't want to do that. Also I think IPN only works with Business accounts...

Am I stuck in a catch-22 situation? I'm in Japan, and contacting Paypal support hasn't been such a great experience in the past...

Any advice would be gratefully received!

[xell]

You could open up a personal account and send your money from your business account to your personal account.

Taken from Paypal.com :

PayPal allows members to have one Personal account and one Premier or Business account. However, each account must have a unique email address, bank account and credit card.

[suprapsu]

true, you could do that but wouldn't you get charged the 2.9% fee?

[pp_rb]

No, you would not get charged a fee when you Send Money to a Personal PayPal account. As long as the money is coming from the balance of the Business account, you can send it to the Personal account without getting charged any fee. You can then withdraw the money to the bank account registered with your Personal account.