Online bank account that works with PayPal

Michau · 05-30-2005, 11:49 AM

So I decided to start my own US company - a Delaware LLC...

The first problem I stumbled into is getting a business bank account. It is essential or me to get it, as I want to have a PayPal account and get it verified. I spotted a website called Netbank.com but after some research I made on the Web I found that their accounts don't work with PayPal :-(

So do you know any good online bank (it must be online so that I can control my account from Poland) that works with PayPal?

Porte · 05-30-2005, 12:34 PM

Most US banks will provide you with Online Banking. This isn't the problem. I have read about many people experiences with this. And they all got the same result. You really need to contact US banks, such as CitiBank, Bank of America, Wells Fargo. They can open for you regular accounts which work with PayPal but I read a minimum deposit must be made which is usually $5,000 or more.

For companies issuing these online accounts for you, I don't know any. But Valis recently closed their service. If you want more information, contact them regarding the availability of these non-US bank accounts again. Maybe, they're planning to re-establish this service again with different banks. Who knows?

calian · 05-31-2005, 11:35 AM

You might want to check out HSBC. They seem to have a strong international presence and you could be more likely to get a US-based account through them. Just a guess though.

Killmur · 05-31-2005, 11:37 AM

Well I contacted BofA and they sent me the required routing number that I needed for PayPal. It helps if you email, snail mail or call the banking company for that kind of info.

tk · 05-31-2005, 11:43 AM

You can have a BofA checking account with min balance of $750.

If you dont want to maintain min balance you will have to pay monthly maintainence fee. It can be from $3 -$10 depending upon the bank you select.

Fleet bank
Wachovia

will charge u less maintainence fee and their service is good

Does any swiss bank account work with Paypal ?

Another option is to use some other form of money transfer service and check if it works with net banks

-Tk

Porte · 05-31-2005, 12:12 PM

I want to add, that you probably need to be there in person to open the account. I read that they don't open accounts remotely.

vip-ip · 05-31-2005, 12:20 PM

I dont have a bank account, but my dad has Bank Of America account and he has online checking.

dejaone · 06-01-2005, 10:54 AM

you don't even need an online bank account. I have a regular business account. I hooked paypal account with the bank account. Then use paylpal shopping cart for online order process

kiranbedi · 06-02-2005, 08:24 AM

use your dads credit card or bank account to verify your paypal account.

05-30-2005, 11:49 AM	THREAD STARTER #1 (permalink)
Michau NamePros Regular Join Date: Sep 2004 Location: Poland Posts: 245	Online bank account that works with PayPal So I decided to start my own US company - a Delaware LLC... The first problem I stumbled into is getting a business bank account. It is essential or me to get it, as I want to have a PayPal account and get it verified. I spotted a website called Netbank.com but after some research I made on the Web I found that their accounts don't work with PayPal :-( So do you know any good online bank (it must be online so that I can control my account from Poland) that works with PayPal? __________________ Dropcatcher.de - .de domain dropcatching!

05-31-2005, 11:43 AM	#5 (permalink)
tk NamePros Regular Join Date: Feb 2005 Location: whiz.in Posts: 765	You can have a BofA checking account with min balance of $750. If you dont want to maintain min balance you will have to pay monthly maintainence fee. It can be from $3 -$10 depending upon the bank you select. Fleet bank Wachovia will charge u less maintainence fee and their service is good Does any swiss bank account work with Paypal ? Another option is to use some other form of money transfer service and check if it works with net banks -Tk __________________ * All Domain news and resources on one page My other sites :** Whiz.in \| Webmaster tools

06-01-2005, 10:54 AM	#8 (permalink)
dejaone NamePros Member Join Date: May 2005 Posts: 86	you don't even need an online bank account. I have a regular business account. I hooked paypal account with the bank account. Then use paylpal shopping cart for online order process __________________ Add to 100 Directories fast and get 50 one-way links Build natural, one-way and permanent links that actually work

06-02-2005, 08:24 AM	#9 (permalink)
kiranbedi NamePros Member Join Date: May 2005 Posts: 79	use your dads credit card or bank account to verify your paypal account. __________________ opial.com - Audio/Video download Management System. http://Musicboxv2.com - Create Music website with embedded player and sell you music. only 10 downloads in stock! http://zainu.com - Create Music Videos website and sell you Music Videos. only 50 downloads in stock!

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05-30-2005, 12:34 PM	#2 (permalink)
Porte Senior Member Join Date: May 2005 Location: I'm right here Posts: 3,525	Most US banks will provide you with Online Banking. This isn't the problem. I have read about many people experiences with this. And they all got the same result. You really need to contact US banks, such as CitiBank, Bank of America, Wells Fargo. They can open for you regular accounts which work with PayPal but I read a minimum deposit must be made which is usually $5,000 or more. For companies issuing these online accounts for you, I don't know any. But Valis recently closed their service. If you want more information, contact them regarding the availability of these non-US bank accounts again. Maybe, they're planning to re-establish this service again with different banks. Who knows?

05-31-2005, 11:35 AM	#3 (permalink)
calian NamePros Regular Join Date: Mar 2005 Posts: 412	You might want to check out HSBC. They seem to have a strong international presence and you could be more likely to get a US-based account through them. Just a guess though.

05-31-2005, 11:37 AM	#4 (permalink)
Killmur Account Closed Join Date: May 2005 Location: Skynet, USA Posts: 742	Well I contacted BofA and they sent me the required routing number that I needed for PayPal. It helps if you email, snail mail or call the banking company for that kind of info.

05-31-2005, 12:12 PM	#6 (permalink)
Porte Senior Member Join Date: May 2005 Location: I'm right here Posts: 3,525	I want to add, that you probably need to be there in person to open the account. I read that they don't open accounts remotely.

05-31-2005, 12:20 PM	#7 (permalink)
vip-ip Account Suspended Join Date: Jan 2005 Location: root@localhost Posts: 4,011	I dont have a bank account, but my dad has Bank Of America account and he has online checking.

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