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Can I open a business account outside EEA?
Yes, you can register for a Paytend business account, however, for non-EEA companies, we require additional documentation and a fee of €998 for the upgrade process.
An EEA company is defined as follows:
- The company is registered in the EEA.
- The legal person's nationality is from the EEA or they are a resident in the EEA. This requires supporting documentation such as a residence permit, utility bills (water, gas, electricity, phone), bank statements, rental agreements, etc.