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Sook
06-28-2016
10:41 AM
I took over a business some time ago and my previous owner asked me to change square account under m
i took over a business and my previous owner asked me to change the square account under my name.
how can I change the account ?
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2 REPLIES 2
Hi Sook,
Each Square account is tied to the account holder’s SSN and the SSN and can’t be updated on any account.
We can’t transfer account ownership.
If the original account holder is no longer associated with the business or organization, a new Square account should be created using your own information.
You can use the same business EIN and Bank Account, but the actual account will be created under your name.
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this doesn't make sense. If you sold your business and it's a new owner how/why would you use the same bank account?
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