UK LTD - Paypal - Direct Debit - TransferWise/Monese

[momordica]

Hello,
I have a UK LTD (non-resident director). Opened a business PayPal account for this company. I use Monese/Transferwise for my banking. Added TW bank details to PayPal to get verified. It set up a direct debit. I see in the TW account PayPal as direct debit, but I do not see any money allocated to my account. These small direct debits are needed to get verified. Anyone with the same experience and advice?

 

[bizhero]

Paypal doesn't work with TW in the US. I guess it's the same for an UK account.

 

[momordica]

bizhero said:
Paypal doesn't work with TW in the US. I guess it's the same for an UK account.
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Managed to verify both Monese and Transferwise for a company incorporated in the UK, but my receiving limits has not been lifted yet. I will update the thread if I find out the reason.

 

[PatrikKluge]

Any Luck ? PP works well with TW. Monese also , its their official Partner.

 

[damantemc]

Hi there,
How did you open UK-LTD non-resident director? I am looking for a legit company to work with and open my LTD as well.

 

[SwissKnife]

momordica said:
Managed to verify both Monese and Transferwise for a company incorporated in the UK, but my receiving limits has not been lifted yet. I will update the thread if I find out the reason.
Click to expand...

Your receiving limits will not be removed until you take in just under the sum of EU 2500 in payments.

You'd be asked to submit identity documents and your limits will be lifted if they're satisfied with you transaction history.