Payflow® ACH Payment Service Enrollment

Section 4: Principal Officer Information and ACH Funds Authorization

Complete all Principal Officer Information and ACH Funds Authorization:

  1. Personal Information for Principal Officer #1

Enter the contact information for the primary owner, officer, or partner for your company. For a privately held company, this would be an individual empowered to make decisions for the business, such as the owner. For a publicly held company, this would be a corporate officer, such as a CEO, President, CFO, Controller, or other officer.

If there are multiple owners, provide the name of the individual with the highest percentage of ownership. If there are multiple officers or partners, provide the name of the senior individual.

It is recommended that at least two principals be listed in all cases except for sole proprietorships.

Field

Description

Required?

Name

The full name of the principal officer.

Yes

Title

The title or position of the principal officer.

Yes

Residence Address 1

Home address for the principal officer.

Yes

Residence Address 2

The second address line for the principal officer.

No

City

City for the principal officer.

Yes

State

State for the principal officer.

Yes

ZIP Code

ZIP Code for the principal officer.

Yes

Driver's License Number

Driver's license number for the principal officer.

No

Driver License State

Issuing state for the driver's license for the principal officer.

No

Percentage of Ownership

Percentage of company owned or managed by the principal officer.

Yes

 

  1. Personal Information for Principal Officer #2

Field

Description

Required?

Name

The full name of the principal officer.

Yes

Title

The title or position of the principal officer.

Yes

Residence Address 1

Home address for the principal officer.

Yes

Residence Address 2

The second address line for the principal officer.

No

City

City for the principal officer.

Yes

State

State for the principal officer.

Yes

Zip Code

Zip Code for the principal officer.

Yes

Driver's License Number

Driver's license number for the principal officer.

No

Driver License State

Issuing state for the driver's license for the principal officer.

No

Percentage of Ownership

Percentage of company owned or managed by the principal officer.

Yes

 

  1. ACH Funds Account Information

Field

Description

Required?

Bank Name

The name of the bank or financial institution that you will be using to receive funds and for PayPal to debit for the purposes of ACH processing.

Yes

Branch

The name or location of the bank branch you are in direct contact with.

Yes

Year Account Open

The year your business bank account was opened.

Yes

Bank Phone Number

The phone number of the bank or financial institution that provides your business bank account.

Yes

City

The city of the bank or financial institution that provides your business bank account.

Yes

State

The state of the bank or financial institution that provides your business bank account.

Yes

Transfer / ABA #

The transit routing or ABA number that appears on your business checks.

Yes

Account #

The account number that appears on your business checks.

Yes

 

  1. Click Continue to proceed to review your information.