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]

Madman said:
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?
Click to expand...

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?

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[Larry]

Yakooza said:
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
Click to expand...

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]

ledger said:
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.
Click to expand...

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]

ledger said:
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.
Click to expand...

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]

Admin said:
What do they say about it? I mean, is it the country, documents what are the requirements?
Click to expand...

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