Paypal business account and bank account for Nevis company

[11111]

Do PayPal allow Nevis companies to have business account?
Furthermore do any banks accept Nevis companies with normal none shady business type these days?

 

[Eldorado]

Well, seems it's possible, but with some extra "features"
https://www.paypal.com/ga/webapps/mpp/ua/residence-full

 

[lostguy]

Alot of KYC is required, it's not just like that unless you live there.

 

[11111]

lostguy said:
Alot of KYC is required, it's not just like that unless you live there.
Click to expand...

KYC is OK in my use case.

What about Bank account
Is it doable for this jurisdiction?

 

[chaltron]

It's possible. However in order to withdraw money from PayPal you will need an US Bank account in name of the Nevis Company, which is nearly impossible.

 

[JohnnyDoe]

chaltron said:
It's possible. However in order to withdraw money from PayPal you will need an US Bank account in name of the Nevis Company, which is nearly impossible.
Click to expand...

Unless you setup a US company with the same name as the Nevis one?

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[koohl]

chaltron said:
It's possible. However in order to withdraw money from PayPal you will need an US Bank account in name of the Nevis Company, which is nearly impossible.
Click to expand...

why would that be "nearly" impossible? It should be well possible to match the names before you register both companies.

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