I will be setting up as a sole trader soon, which means I don't need to have a business bank account. For easiness at the moment, I am going to set up an under 18's account via the internet.
Is it perfectly okay to do this? All I will be doing is storing money in it, as when I get to a certain amount on Paypal, I will be moving it into the account for safety reasons. Then, I may be taking money out again. Basically what most people do.
One more quick question; can under 18's get a merchant account?