Is someone hear can provide a solution for those out us and EU and want to Open a bank account to apply with PayPal and payments processors

will be benefit if it's not a prepaid and include online check

you can always set up company in US and this comapny would open account and get merchant account, same goes for a lot of EU countries.

Well, it depends on what your business looks like and what it is you are exactly going to use the bank account for! For instant a company formation would be overkill if it is just a bank account you need for an existing company or small business. There are possibilities depending on where you live and which references you can provide.

Today it is almost impossible with any REAL BANK to open an account if you can’t provide at least the basic which includes a Reference letter from your current bank or a lawyer or an certified accountant, furthermore you will need a valid passport and a utility bill.

If above isn’t any problem you can easily become a bank account for instant in Cyprus and which also would work for a PayPal account, I’m not aware of if PayPal will required to have the bank account in the same country as you or your company is resident but this would be worth to check before you go ahead.