Transfer Money Between Facebook Ad Accounts - POSSIBLE?

Summary

This video script explains the differences between Facebook personal ad accounts and business manager accounts. It emphasizes that personal ad accounts, while offering prepaid options, have limitations like the inability to transfer money between accounts and difficulties withdrawing unspent funds. In contrast, business manager accounts offer a more legitimate, long-term solution for businesses, allowing multiple pages and ad accounts. It also highlights the benefits of building credibility with Facebook over time, leading to better account management, more support, and fewer issues such as account restrictions or verification failures.

Takeaways

• 😀 You cannot transfer money from one Facebook ad account to another.
• 😀 There are two types of Facebook ad accounts: personal ad accounts and business ad accounts.
• 😀 A personal ad account is linked to your Facebook profile and allows for prepaid spending.
• 😀 Prepaid accounts in Facebook ad accounts can hold funds, but unused money cannot be withdrawn.
• 😀 Personal ad accounts are not recommended for long-term advertising on Facebook due to limitations on fund withdrawals.
• 😀 It's better to create a **Business Manager** account for a more structured, professional relationship with Facebook.
• 😀 A Business Manager allows for the creation of multiple ad accounts and supports credit/debit card payments.
• 😀 Business ad accounts may require you to build credibility over time before receiving higher spend limits.
• 😀 Facebook may charge a small amount (like $10 or $20) to new accounts until credibility is built.
• 😀 Establishing a **Business Manager** relationship with Facebook reduces common issues like account restrictions and ID verification failures.
• 😀 A Business Manager ad account is recommended for businesses as it provides better support and higher credibility with Facebook.

Q & A

Can I transfer money between two different Facebook ad accounts?

No, you cannot transfer money from one Facebook ad account to another. Each account operates independently.

What are the two types of Facebook ad accounts mentioned in the script?

The two types of Facebook ad accounts are personal ad accounts and business manager ad accounts.

What is the advantage of using a personal Facebook ad account?

A personal Facebook ad account allows you to set up a prepaid account where you can load money in advance and use it for ads. This provides more control over your spending.

Can I withdraw money from a Facebook personal ad account?

No, you cannot withdraw money from a personal ad account. Once the funds are loaded into the account, they are used for ad spending, and you cannot transfer them out.

What is a business manager in the context of Facebook ads?

A business manager is a tool provided by Facebook that helps businesses manage their ad accounts, pages, and other assets in one place. It also allows for more flexibility and scalability in ad management.

Why is it recommended to create a business manager account instead of a personal ad account?

It is recommended to create a business manager account because it provides better features, including support for multiple ad accounts, better credibility with Facebook, and more control over your business’s advertising operations.

How does Facebook treat business manager ad accounts in terms of payment?

Business manager ad accounts are linked to credit or debit cards. Facebook charges you after you spend, and initially, smaller amounts are charged until the account builds more trust with Facebook.

What is the benefit of establishing a business relationship with Facebook from the start?

By using a business manager, you can build a more legitimate and trustworthy relationship with Facebook, which helps avoid issues like account disablement or payment verification failures.

How does Facebook determine the spending thresholds for new ad accounts?

Facebook starts with lower spending thresholds for new accounts, such as charging small amounts like $10 or $20 at first. Over time, as the account establishes trust, Facebook increases the spending limits.

What are some of the challenges that people face with personal ad accounts?

Some challenges with personal ad accounts include the inability to withdraw funds, issues with account restrictions, failed ID verifications, and disabled accounts.