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Can Brunei Sole propriertor set up a business paypal with a personal name singapore bank account?

RueyBrunei
Contributor

Can Brunei Sole propriertor set up a business paypal with a personal name singapore bank account?

Hi

 

  1. Does anyone know if the above is possible by paypal singapore?
  2. Pros and Cons of the above set up?
  3. Suggestions will be very welcome
1 REPLY 1
sharpiemarker
Esteemed Advisor

Re: Can Brunei Sole propriertor set up a business paypal with a personal name singapore bank account

@RueyBrunei 

 

PayPal is country specific so account holder and financial information has to be based in the country you open the PayPal account. Brunei PayPal account has to have Brunei based account holder and financial information.

 

In your case, you'll have to open a Singapore PayPal account with account holder, business and financial information based in Singapore and follow the financial and PayPal policies of a Singapore based PayPal account.

 

To sign up for Singapore PayPal:

https://www.paypal.com/sg/webapps/mpp/account-selection


Kudos & Solved are greatly appreciated. 🙂