Just to give an update. I wanted to give the full picture because clearly i know that many people who incorporate in Ireland or in the UK have difficulties to open a bank account in the UK or Ireland when they are non resident.
However, it is better to stick to the major big banks.
I have also discovered thanks to this italian entrepreneur that Paywithfire wasn't part of the irish system to pay irish tax.
More importantly, after this person applied and sent all the due diligence to paywithfire to open a bank account. He received an email where he was asked to give details about his marketing strategy and advertisement strategy to get customers. Since his activities are︀ related to the internet he found this pretty intrusive. In fact, he told me that︁ in his case, if he would have shared information about marketing that means he should︂ have gave up trade secrets because that was made the difference with competitors.
Then, he︃ understood they had no understanding of business setup. This entrepreneur had a company for publishing︄ purposes on his website and one for billing purposes. He told me the operation lead︅ of paywithfire didn't understand that it was possible that somebody could use a US company︆ for publishing purposes on the website & billing company behind that. However, with the payment︇ gateways, it happens all the time.
What he didn't like wasn't the fact they asked.︈ He felt fooled because when he applied at paywithfire.com everything made believe that you had︉ just to fill out the form upload the company formation documents and required documents and︊ that's it.
We also asked to tell from where the business will be operated (from︋ which country)
He has been asked to give details about the goods and service he︌ wanted to sell.
When he received questions that was not related to a bank, he︍ decided to give up. Don't forget we talk about a so called business bank account︎ offer with NO credit card, NO overdraft, and a fee for incoming and outgoing transfer.️
