Hi, We live in the UK. My children have bank accounts since they were 12. These are not accounts that I have in my name, etc. We visited the bank branch, they talked my children through everything they need to in order to open accounts for minors, took signatures, etc. I do not need to be in the picture when it comes to managing the bank account, cards, etc. They have even had accounts in two banks. Their own accounts. One of my children is now over 16, the other one will soon be. And in the UK, the legal age can be 16 years old. So I am finding it hard as to why it would not be possible for them to open a paypal account? It cannot be a legal restriction, as I understand that Paypal has a banking license in the UK? If there is a restriction, can this be overcome with my authorisation? Or could an account be setup by me for my child?
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