Which online bank accounts can be succesfully added to Paypal?
- Thread starter Netfix
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PayPal wants a bank account from the same country as the account holder (your company) or, if you are within EU, from within the EU.
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This is the probably the answer to your question.
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This is the probably the answer to your question.
A question. I do not plan to withdraw. I will just transfer money from bank to PayPal.
What if i add a new bank which does not belong to me? This means there will be a name mismatch between bank account and PP but as told, just transfer purposes, no withdraw need.
PS. I have a working setup already from same country. I plan to add my dad's bank account too into my PP for example 🙂
What if i add a new bank which does not belong to me? This means there will be a name mismatch between bank account and PP but as told, just transfer purposes, no withdraw need.
PS. I have a working setup already from same country. I plan to add my dad's bank account too into my PP for example 🙂
It works until it doesn't. PayPal might one day come asking for proof that you own the bank account. Then it doesn't work anymore.
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This is the probably the answer to your question.
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This is the probably the answer to your question.
It's the same thing there. Works until it doesn't, when a Source of Funds check is performed.
What triggers such checks is intentionally hard to predict. Amount is just one of many factors they look at.
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This is the probably the answer to your question.
What triggers such checks is intentionally hard to predict. Amount is just one of many factors they look at.
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This is the probably the answer to your question.
PayPal doesn't like non-resident companies. You can set something up in EU or US, get an EMI/bank account, and sign up. But once they start looking into where the owners and directors live, you'll run into problems. Ownership alone being foreign/out-of-region is usually not a problem, as long as you have directors and/or company operations where the company is incorporated.
To get around this you candeceive PayPal (which can lead to frozen funds and blacklisting ”” bad idea), relocate to a supported country, or establish a company in a supported country with local directors. The latter can be done in Cyprus or Malta quite easily. Just make sure it's the directors ”” not you ”” controlling the company on a day to day level.
You can use professional nominee directors for this, but even better would be to hire your own directors.
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This is the probably the answer to your question.
To get around this you candeceive PayPal (which can lead to frozen funds and blacklisting ”” bad idea), relocate to a supported country, or establish a company in a supported country with local directors. The latter can be done in Cyprus or Malta quite easily. Just make sure it's the directors ”” not you ”” controlling the company on a day to day level.
You can use professional nominee directors for this, but even better would be to hire your own directors.
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This is the probably the answer to your question.
Another one: If someone has two LLCs in two different countries, can he have two different business PayPal?
Normally, as far as i know, PayPal allows one personal and one business but never searched what if the business in different countries for the same person?
Normally, as far as i know, PayPal allows one personal and one business but never searched what if the business in different countries for the same person?
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