Which online bank accounts can be succesfully added to Paypal?

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Netfix

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Feb 10, 2021
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Which online bank accounts can be succesfully added to Paypal? and withdraw money to them ?
 
PayPal wants a bank account from the same country as the account holder (your company)‌ or, if you are within EU, from within the EU.
 
A question. I do not plan to withdraw. I will just transfer money from bank‌ to PayPal.

What if i add a new bank which does not belong to me?‍ This means there will be a name mismatch between bank account and PP but as⁠ told, just transfer purposes, no withdraw need.

PS. I have a working setup already from⁤ same country. I plan to add my dad's bank account too into my PP for⁣ example 🙂
 
It works until it doesn't. PayPal might one day come asking for proof that you‌ own the bank account. Then it doesn't work anymore.
 
What about the common practice with credit cards? I read a lot that name is‌ not important if you approve the card with the sent code.
 
It's the same thing there. Works until it doesn't, when a Source of Funds check‌ is performed.

What triggers such checks is intentionally hard to predict. Amount is just one‍ of many factors they look at.
 
Dear @Sols

What is the best country to form an LLC to get/use business PayPal‌ & Stripe? My own country is not supported. My personal account is kind of tricky‍ (past expat) and i need a full legit solution.
 
PayPal doesn't like non-resident companies. You can set something up in EU or US, get‌ an EMI/bank account, and sign up. But once they start looking into where the owners‍ and directors live, you'll run into problems. Ownership alone being foreign/out-of-region is usually not a⁠ problem, as long as you have directors and/or company operations where the company is incorporated.⁤

To get around this you candeceive PayPal (which can lead to frozen funds and blacklisting⁣ , bad idea), relocate to a supported country, or establish a company in a supported⁢ country with local directors. The latter can be done in Cyprus or Malta quite easily.︀ Just make sure it's the directors , not you , controlling the company on a︁ day to day level.

You can use professional nominee directors for this, but even better︂ would be to hire your own directors.
 
Again a technical question: I have UK PP. Rarely i can not pay some services‌ (I believe it was Microsoft US or so). I'm not hundred percent sure but is‍ there a territory restriction of PayPal account of origins also?
 
Another one: If someone has two LLCs in two different countries, can he have two‌ different business PayPal?

Normally, as far as i know, PayPal allows one personal and one‍ business but never searched what if the business in different countries for the same person?⁠
 
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