Requirements to open a Stripe account in another country : Stripe: Help & Support (2024)

Requirements to open a Stripe account in another country

In order to open a Stripe account in a country different than your primary business country, you will need a legal entity, tax ID, physical location, phone number, government-issued ID, working website, and physical bank account in that country where Stripe supports processing payments. Exceptions include accounts opened in Canada with USD-denominated bank accounts, and accounts opened in Europe with EUR-denominated bank accounts.

To open a Stripe account in a country different than your primary business country, you will first need to make sure that Stripe supports processing payments in that country. You can see which countries Stripe currently supports here: https://stripe.com/global

Once you have determined that the country is supported by Stripe and are ready to open a new account, you will need the following:

  • For Stripe business accounts: a legal entity registered in the same country for which you plan to open the account
  • A tax ID in that country
  • A physical location in that country at which you are able to receive mail (cannot be a P.O. box)
  • A phone number in that country
  • A government-issued ID, such as a passport or driver’s license, from any country
  • A working website that shows what your business sells or what services you provide.
  • A physical bank account in that country (cannot be a virtual bank account), denominated in a supported transfer currency for that country.

Additional Information

  • Exceptions: Accounts opened in Canada can use a USD-denominated bank accounts, and accounts opened in Europe can use a EUR-denominated bank account regardless of the bank account country as long as the country is supported by Stripe.
  • See Supported Accounts and Settlement Currencies for more information about accounts, and Stripe: Global for supported countries.
Requirements to open a Stripe account in another country : Stripe: Help & Support (2024)

FAQs

Requirements to open a Stripe account in another country : Stripe: Help & Support? ›

A government-issued ID, such as a passport or driver's license, from any country. A working website that shows what your business sells or what services you provide. A physical bank account in that country (cannot be a virtual bank account), denominated in a supported transfer currency for that country.

What do you need to open a Stripe account in another country? ›

  • A tax ID in that country.
  • A physical location in that country at which you are able to receive mail (Cannot be a P.O. box)
  • A phone number in that country.
  • A government-issued ID, such as a passport or driver's license, from any country.

What are the country requirements for Stripe? ›

A passport scan for identity verification is always preferred and, in some cases, is required. When a Stripe account and an individual associated with that Stripe account (for example, Business Representative, Owner) are from different countries, Stripe only accepts a passport to verify identity.

How do I open a Stripe account in an unsupported country? ›

To use Stripe in unsupported countries, you need to form a US company, an LLC (Limited Liability Company). You might ask why can't I use a registered company in my country. It is not possible because the documents required to create the Stripe account are not available in your country.

What are the verification requirements for Stripe? ›

Stripe may require users to upload a photo of a government-issued photo ID and a selfie for identity verification to the Dashboard. The photos must be… Stripe may need to verify that bank account information, such as the legal owner's name and account number, match the information on the user's Stripe…

Can non US citizens use Stripe? ›

Payment processing services

Stripe is a smart choice for nonresidents because it lets businesses accept payments from customers worldwide and doesn't require businesses to obtain their own merchant account.

What countries are restricted by Stripe? ›

Stripe currently does not support users located in Russia, Ukraine and Belarus. All major credit card networks are no longer providing services to Russian financial institutions.

What if my country is not on Stripe? ›

If you live in a country where Stripe is not available yet (Stripe is available in about 40 countries as of this writing), you'll need to establish an account from one of those countries. A simple way to do that is to establish a company in the U.S. using Stripe's own Stripe Atlas.

Do you need a US account for Stripe? ›

You do not need a US bank account to open a PayPal or Stripe account, however, you will need a US bank account to receive payouts from either platform. Prior to applying for a US business bank account, you need a US company and an EIN number.

Can I make a Stripe account without a bank account? ›

Fun fact, you can sign up with Stripe without providing bank account details. Obviously, you will want to register a bank account (in a supported currency) in order to receive payouts. All to say, it is your business location that matters the most. Your entire Stripe account is tied to a single country.

What is the requirement to open Stripe? ›

To transact on Stripe, Stripe must verify:
  • Business identification (address and website ownership) and bank account information.
  • Supportability of your business: what you sell, and if we can support your product/category.
  • The overall risk level of your business.

Do I need my SSN for Stripe? ›

If you have a US account and your business type is: Individual, Sole proprietor or Single membership LLC, we are required to collect your full personal tax ID - SSN or ITIN. If you do not have one of those, we may prompt you to enter your nationality.

What documents are required for verification? ›

A document verification process incorporates identity documents such as a passport, national ID card, papers issued by the state government, utility bills and tax statements.

Can I change the country of my Stripe account? ›

It is not possible to change the country designated for an existing Stripe account.

Do you need an EIN to open a Stripe account? ›

Stripe requires a verifiable Employer Identification Number (EIN) or Social Security Number (SSN) to use their services; individuals without an EIN are generally able to use their SSN instead. You must enter a verifiable tax ID number (Employer Identification Number or Social Security Number) in order to use Stripe.

Does Stripe work internationally? ›

Does Stripe accept international payments? Yes, in over 135 currencies and 45 countries.

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