Thank you for visiting our Community Forum. For anything community-related please visit our SMB Network (https://www.payoneer.com/community/) or Resource Hub (https://www.payoneer.com/resources/). For support inquiries please visit http://paynr.co/ask.

Question about Bank statement required.

MohZah
MohZah Member Posts: 6
hello, in order to activate my payoneer account i need a bank statement.
i asked my friend in USA for his bank account but he wanted answers for few questions:

1- does the money transfered to my payoneer account will be considered as income for his bank account in USA ?? knowing that i will NOT transfer the money to his account, his account will only be used for activation.

2- will payoneer send "1099 form" to IRS Internal Revenue Service related to his account? knowing that i will NOT transfer the money to his account, it'll only be used for activation.

in other words, i want to know if his account will be involved in taxes in USA eventhough the transfers will not be sent to his account, cuz i want to do withdrawal to my credit card.

3- is it possible to activate my payoneer account using a master or visa card instead of bank account?

Thank you.