Personal accounts. With a personal account you can send and request money from friends and family and pay online for purchases. Holders of certain existing personal accounts may be required to upgrade their accounts (which may include providing further information to PayPal) to be able to use all of the current functionality available in a personal account. To use your PayPal account primarily to sell things, you must open a business account or convert your personal account to a business account. You should take reasonable steps to stop your PayPal account being misused. You must maintain adequate security and control of any and all devices, items, IDs, passwords and personal identification numbers / codes that you use to access your PayPal account and the PayPal services. You must comply with all reasonable instructions we may issue regarding how you can keep your Payment Instrument safe. We may require you to authenticate any instruction relating to your account (i.e. give us the information that we need to be sure that it’s you giving us the instruction, such as submitting your correct log-in information – this could include your e-mail address and password) and otherwise successfully log into your PayPal account to provide to us your instruction. You must keep your postal address, email address, phone number of a phone to which you are the primary user and other contact information current in your PayPal account profile. You may expressly grant, remove and manage permissions for some third parties to take certain actions on your behalf. In some cases you can do this when logged into your account – in other cases you can do this directly with the third party. You acknowledge that if you grant permission for a third party to take actions on your behalf, we may disclose certain information about your Account to this third party. You may permit third party service providers licensed by applicable law to: • provide account information services to access information about your account on your behalf; • confirm whether an amount necessary for the execution of a card-based payment transaction is available on your account; or • provide payment initiation services to initiate payments from your account on your behalf. Granting permission to any third party to access your account in any way does not relieve you of any of your responsibilities under this user agreement. You are liable to us for the actions that you authorise the third parties to carry out. You will not hold us respo...
Personal accounts. A Personal Account is an account with only one owner. The one owner is designated as the Primary Account Holder.
Personal accounts. An account opened for personal use cannot be used for business purposes. If your personal account is identified as being used as a business account, it will be closed.
Personal accounts. With a personal account you can send and request money from friends and family and pay online for purchases. Holders of certain existing personal accounts may be required to upgrade their accounts (which may include providing further information to PayPal) in order to be able to use all of the current functionality available in a personal account. To use your PayPal account primarily to sell things, you must open a business account or convert your personal account to a business account. Business accounts are for people and organizations (whether incorporated or not) that primarily use PayPal to receive online payments for sales or donations. Business accounts may be subject to fees that differ from the fees applicable to personal accounts. See our Fees for further details.
Personal accounts. Where only one individual is designated or appears on a signature card as the owner of such account, then we may treat the account as a solely owned account. In the event of your death or adjudication of incompetence or interdiction, you agree that we have the right to honor checks or other items drawn against your account until ten days after we receive actual written notice of your death, incompetence or interdiction. We may restrict access to your account upon notice of your death or adjudication of incompetence or interdiction until the appropriate documentation reasonably requested by us, including a death certificate, is provided by your executor, administrator or to the representative of your estate or person. To the extent and under the circumstances permitted by the laws of your State, upon receipt of actual written notice and proof of your death, the balance in your account will be paid to the person or entity you designate to "pay on death" or you designate as a POD payee or beneficiary on your account's signature card or on a form provided by us. Unless your signature card or account opening documents so designate, where two or more individuals are designated or appear on a signature card as owners of such account, then as between them, we will treat the owners as joint tenants with the right of survivorship. For any joint account where a joint owner has died, we reserve the right not to release funds in the account until all legal documents are delivered to us. You agree to notify us of the death of any joint other owner and to reimburse us for any tax we may be required to pay by reason of our payment or release of funds in the account to you. Any joint owner may close the account. We may, at our sole discretion, act upon such other instructions of any joint owner, including withdrawing funds or adding or removing any signature or other joint owner to or from the account, without the signature of the other joint owner(s). However, we are under no obligation to observe such instruction, and may do so or refuse to do so without liability. We may also pay all or any part of the funds in the account to any of the joint owners upon request of that joint owner or to a court or governmental agency upon receipt of a garnishment order, tax levy or similar legal process identifying any one of the joint owners. All joint account owners will be jointly and severally liable for all overdrawn accounts, whether or not that particular owner initiated a withd...
Personal accounts. The Electronic Funds Transfer Act (15 USC 1693) and Federal Reserve Board Regulation E require that we disclose to our customers the terms and conditions of our electronic fund transfer services. Once an electronic fund transfer service is established, any authorized person on the account may conduct electronic fund transfer transactions through our Automatic Teller Machine (ATM) or Point-Of-Sale (POS) transfer services, or by internet banking or telephone or any preauthorized arrangement between you and third parties.
Personal accounts. If you primarily need to make purchases and send payments to family and friends, a personal account is probably right for you. With a personal account you can do things like: • Buy goods and services. • Send and request payments from friends and family. You can also use a personal account to receive payments for the sale of goods and services, but if you plan to use your PayPal account primarily to sell things, you should consider a business account. You can convert your PayPal account from a personal account to a business account should circumstances change. We recommend business accounts for people and organizations that primarily use PayPal to sell goods or services, even if your business is not incorporated. With a business account, you can do things like: • Use a company or business name as the name on your PayPal account. • Allow employees access to some of the features of your PayPal account. • Sign up for PayPal products that meet your business needs. Business accounts may be subject to fees that differ from the fees applicable to personal accounts.
Personal accounts. If you are an individual that holds a valid CPF and primarily needs to make purchases, a personal account is right for you. With a personal account you can do things like: • Buy goods and services. • Receive money for the sale of goods and services If you plan to use your PayPal account primarily to sell things, then you should consider a business account. You must only conduct transactions from your account and on your own behalf, and be the beneficial owner and the holder of the account.
Personal accounts. THE TYPE OF ACCOUNT OWNERSHIP MAY DETERMINE HOW YOUR FUNDS ARE PAID IF YOU DIE, EVEN IF YOUR WILL STATES OTHERWISE. PLEASE CONSULT YOUR ESTATE PLANNING ADVISOR OR ATTORNEY ABOUT YOUR CHOICES. If your account is a type listed under “Personal Accounts” in our product information, you agree not to use it for business purposes. Ownership of your account is determined by the most current signature card. However, we are authorised to rely on the account ownership information contained in our deposit system unless we are notified that the most current signature card and the deposit system contain different information.
1. Solely owned account
2. Joint accounts
Personal accounts. If you primarily make purchases and send payments to family and friends, a personal account is right for you. With a personal account you can do things like: • Buy goods and services. • Send and request payments from friends and family. Business accounts are for legal entities and individual entrepreneurs registered in accordance with the legislation of the Russian Federation, which have an e-mail address. Business accounts use PayPal for a business or commercial activity, to receive online payments for the sale of goods or services, or to receive donations. With a business account, you can do things like: • Use a company or business name as the name on your PayPal account. • Allow employees access to some of the features of your PayPal account. • Sign up for PayPal products that meet your business needs. Business accounts may be subject to fees that differ from the fees applicable to personal accounts. By opening up a business account, you certify to us that you are using it primarily for a business or commercial purpose.
