Can a startup not registered in the UK open a PayPal UK business account using a coworking address?

Asked Jul 8, 2011· 1 answer ·Developed Markets, EMEA, UK and Ireland, United Kingdom, Western Europe
Faisal KhanAnswered Jul 8, 2011
Yes, it can be done, the two areas where PayPal can get you at is if you are willingly by-passing or fooling their system, whilst doing businesses from a country that is not supported.

You would need a UK bank account to get things started with PayPal, as they would be doing a SVD (Small Value Deposit) into your account for verification, etc.

Also, if you log in from an IP address outside of UK, your account will immediately be flagged.

A UK Debit/Credit card would also be required.
Related in Merchant Accounts, Processors and Gateways