Create Business Paypal Account In Singapore

Ryan1901
Contributor
Contributor

Dear Sir/ Madam, 

I come from Vietnam, But i have a company in Singapore. Now, i want to create Paypal Business account in Singapore to receive money from our customer and withdraw to my Singapore Business bank account 

 

I would use my personal information in Vietnam to register account or use the personal information of Singaporean representative director to open this account?

 

I only have USD bank account in Singapore. With USD bank account in Singapore, Can i withdraw money from paypal account to USD bnak account in Singapore? Or I must have SGD (Singapore Dollar ) bank acount to withdraw money

 

Thank you 

Best Regards, 

Ryan 

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1 ACCEPTED SOLUTION

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Solved

PayPal_DavidR
Moderator
Moderator

The account will need to be opened in your local currency.

 

-David R

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7 REPLIES 7

PayPal_DavidR
Moderator
Moderator

Hi there,

 

Welcome tot he PayPal Community.

 

You need to open a PayPal account int he country which you reside. it will not be possible to add information to a PayPal account from another country.

 

-David R

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Ryan1901
Contributor
Contributor

Thank you for your reply

 

I have USD bank account in Singapore, Can i use this bank account and withdraw from paypal account to

Or i must create SGD account to receive money from Paypal account ?

 

Best Regards, 

Ryan 

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PayPal_DavidR
Moderator
Moderator

The bank account must be registered in the same country as your PayPal account.

 

-David R

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Ryan1901
Contributor
Contributor

I see. But, In Singapore we can open two type money currency : USD or SGD . But i only have USD currency account .

With USD currency account, Can i withdraw money from Paypal account to this bank account ? Or i must open SGD currency account ?

 

Thanks you 

 

Best Regards, 

Ryan 

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Solved

PayPal_DavidR
Moderator
Moderator

The account will need to be opened in your local currency.

 

-David R

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Ryan1901
Contributor
Contributor

Thank you so much 

 

Best Regards, 

Ryan 

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PayPal_DavidR
Moderator
Moderator

You are welcome.

 

-David R

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