UK citizen with bank account in Georgia

[Madman]

If a UK citizen has a bank account in Georgia which is receiving money from paypal and ecommerce, will the Georgian bank report this to the UK?

 

[KJK]

For now they will not, in the future they may.

 

[Bmw850]

Not at all for sure. I m in the same case.

 

[Yakooza]

One question, Were you able to open a PayPal merchant account in Georgia‍ to receive PayPal from your clients? I am looking for the same thing but they⁠ said it is not easy to get PayPal in Georgia!

Thanks

 

[JohnLocke]

What do they say about it? I mean, is it the country, documents what are‌ the requirements?

 

[Larry]

You can use your UK paypal and link your VISA card of your Georgia bank account⁠ to paypal. I do it same way and it's working smoothly for 40-50k/month turnover. Limit⁤ is 2000EUR/day you can transfer to your VISA.

 

[7889]

You mean linking card from another country is not a problem for PP merchant account? Is⁠ it a company card you've linked? AFAIK, linking foreign card to personal PP account is⁤ not possible.

 

[Madman]

Yeap I've done this.

But for some reason it doesn't let me withdraw in EUR; it⁠ will only withdraw in USD. Even when I have a EUR balance, it converts to⁤ USD. Did you have any such issues?

 

[Madman]

Are you asking which documents you need in‍ order to open a bank account in Georgia?