Can I open a US bank account remotely to create a PayPal business account?
1 Answer
Faisal Khan
Answered 11/May/2022
Depending on your business this is pretty easy to do. Assuming you are not operating a business that is not accepted by banks, then the process is very simple, albeit it takes about 1–2 weeks.
There are many companies in the US that will register your company in the US (which is a must for this solution). I’ve personally used Jumpstart Filing, they were the ones who registered a company for me, got the EIN, the ITIN, and did all the setup to get a bank account. Even got the debit card (which you would need to get the PayPal account running).
Whilst it may seem bothersome for others to think about registering a company to get a US PayPal account, this is the most simple, yet legal way of doing it. Head over to Jumpstart and choose the middle package (pro version) which starts at $329/year.
All in all, from start to finish, about 2–3 weeks.