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Re:Ask HN: Has anyone here successfully applied to Stripe At... by benologist on Friday May 20, 2016 @06:05PM (#11741889)
I got accepted but didn't pursue it. The bank they use traditionally works exclusively with local venture-capital funded startups and multinationals opening offices near venture-capital funded startups, so I'm a bit skeptical they'll be a good match for anyone a continent or two from the Bay Area.

From what I read SVB don't actually issue debit cards to anyone so I'm not sure how useful the account would be, I don't think you could use it to pay for anything except maybe indirectly through PayPal, that may make accessing the funds complicated too. It may leave you requiring local incorporation and a local bank account for all your business needs in which case you're paying 15+ percent tax in the US purely for Stripe.

The incorporation process is itself just a couple forms to fill out. A company I registered through http://clerky.com/ beforehand was effortless, getting an EIN and registered agent was also easy through http://delawareinc.com (except fitting very verbose Costa Rican addresses on the forms), and taxes by http://de-taxes.com. Price is around $499+ either way you do it.

Re:Ask HN: Has anyone here successfully applied to Stripe At... by laurencei on Friday May 20, 2016 @06:47PM (#11742140)
Not been able to get a debit card from SVB sounds like a problem.

But once the business is registered - how hard is it to open a 2nd bank account, with another bank, so you can get a Visa Debit card through them?

Re:Ask HN: Has anyone here successfully applied to Stripe At... by benologist on Friday May 20, 2016 @06:52PM (#11742169)
I think you need to be standing in a bank branch to do that.