So here it goes BVI and PayPal

[elysion]

I wanted to accomplish a simple task, but as always the most easy task is mostly a hard one.


I have a legit online business with customers worldwide and wanted to create an IBC in BVI and of course link a local BVI bank merchant account to my IBC. The BVI account would need to be linked with a paypal BVI account. Anyone know if its possible? I heard they don't offer local bank accounts only US bank or credit card withdraw.


Appreciated, thank you

 

[JohnLocke]

Welcome aboard elysion, I hope you enjoy your stay:welcome:

You mean PayPal? you may need to appoint a nominee director and shareholder‍ for the BVI company and make sure you can (or they submit it directly) get⁠ the nominees passport and a utility bill + bank statement to submit to PayPal for⁤ verification purpose. Next issue is that you will need a BVI IP from some VPN⁣ provider.

Some have solved the issue by using the company Payoneer, there is a thread⁢ here /forum/f5/offshore-company-bank-account-paypal-sorry-again-18140/ about the method, but I'm not sure if it works.

 

[elysion]

Thanks Admin, looks like a great resource here and I sure will have a blast.‌

I will have to check that with the agency over there if this is possible‍ but it sounds interesting. thanks mate

Cheers

 

[alain]

Can a nominee sign for a bank account and paypal account?

 

[Zqq]

Yes, but it's not a service all nominees offer.

 

[mlee]

can you recommend law firms who would offer such service of nominee signing up for‌ paypal accounts? thx

 

[JohnLocke]

If you are looking for a lawyer to do so it will be very costly‌ if any at all will do that. A nominee director can as well be an‍ accounted or professional and they will most often be cheaper to ask for this service.⁠

 

[clemens]

Find a nominee director who is willing to sign up for your PayPal account it‌ isn't difficult.

 

[mlee]

well.. I was not able to find one so far so.. if you have contacts‌ please let me know how to do it.. thanks!

 

[JohnLocke]

Contact our company if you like and we can look into what options there are‌ 🙂