How do I convert my PayPal balance to a different currency?
You can convert some or all of your PayPal balance from one currency to another currency.
Here’s how to convert your PayPal balance to a different currency:
- Log in to your PayPal account.
- Click PayPal balance at the left side the page.
- Click Manage currencies.
- Enter the amount you want to convert under the Currency Exchange column.
- Choose the new currency.
- Click Calculate to preview the conversion.
- Click Review Exchange to see the conversion details.
- Click Exchange Currency to confirm the transfer.
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How do I withdraw my PayPal balance in different currencies? Click Manage currencies Select Balance conversion in Currency exchangeWhere can I find PayPal's currency exchange rates? Click Manage currencies Select Balance conversion or Payment conversionWhen I authorise a payment, what funding sources will be used to capture the funds? When the merchant captures the authorisation, the currency in which the item is priced is used first. If this currency is not sufficient, your primary balance will be used to fund the transaction. The exchange rate used to convert your balances to the seller's designated currency is whatever the exchange rate is at the time the funds are captured.How do I send a payment in a different currency using my credit card? If you use an American Express card, you don't have the option to use PayPal's conversion process. American Express takes care of the conversion.Why was money automatically transferred from my bank account or credit card to my PayPal balance? You may have set up automatic transfers to your PayPal balance to cover micropayments (less than $4.00 USD). Here’s how to review and update your settings: Log in to your PayPal account.What if I use the Issue Refund link, but I don't have the total amount available in my PayPal balance? When you send a refund using the Issue Refund link, we deduct the total amount of your refund from your PayPal balance . If your PayPal balance does not cover the refund:Which currency can I use to top up? If you want to send a payment in a currency other than Hong Kong Dollars, you must first top up your account in Hong Kong Dollars. After you got the money in your PayPal balance , you can click ‘Currency converter’ to exchange your PayPal balance for the currency you want.Why is my PayPal account balance negative? PayPal may use funds from any currency balance to recover amounts owed to PayPal for chargebacks or for any other reason. (A chargeback or reversal occurs when a buyer rejects or reverses a charge on his or her credit card.) Pending ACH or cheque withdrawals may be cancelled on the account.How do I withdraw money from my PayPal account balance? Here's how to withdraw money from your PayPal account to your bank account: ... under your PayPal balance. ... Before withdrawing money from your PayPal balance, please make sure that your name and your bank information in your PayPal account are entered correctly. The bank account must be in the local currency for the withdrawal to be successful. Once you've requested a withdrawal from your PayPal account, it can't be cancelled.Why has my PayPal code expired? A new PayPal code can be requested up to 2 times. All corresponding charges are refunded to your PayPal balance within 24 hours after you've entered the latest PayPal code online.What does FATCA require PayPal to report? If we determine that an account is reportable under FATCA (based on its analysis of account holder information), we must either report information to the local tax authority of the account, or to the IRS if the applicable account balance has reached a certain threshold. The reportable information generally consists of customer information (e.g. name, address, and tax identification number (TIN) and account balance information. FATCA requires reporting on an annual basis in most jurisdictions.Why was I charged several times for verification? If you've requested the PayPal code more than once, there will be more than one corresponding fee on your card statement. All the charges are refunded into your PayPal balance within 24 hours, after you enter your latest PayPal code online and confirm your card.What are reserves? Why is there a reserve on my PayPal account? You'll be notified by email if a reserve is placed on your account. To see how much balance is in reserve, go to your and view the "on hold" section under " PayPal balance ".How do I resolve a negative balance? Click Add money under your PayPal balance on the left side. Choose one option to add funds to your account.How do I change the payment method when I make a payment? The payment method you selected will be used after your PayPal balance .How do I withdraw money to my bank account from my PayPal Here™ sales? You can withdraw money from your PayPal balance to a bank account linked to your PayPal account. Here’s how:How do I issue a refund to my buyer? You can issue a full refund or partial refund up to 180 days after you receive a payment. The total refund amount is taken from your PayPal balance . Therefore, if you don't have enough funds in your PayPal balance, you won't be able to issue a refund.How do I Top Up my PayPal account? Click Top Up under " PayPal balance " on the left. Follow the online instructions.How can I view the status of my refund? Refunds made less than 180 days after payment will refund to your card if it was the original source of payment. Refunds may take 30 days to appear on your next card statement. Payments from your PayPal balance are refunded to your PayPal balance .
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