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How do I convert my balance to another currency?
Here's how to convert your balance to another currency:
- Go to PayPal balance.
- Click Manage currencies.
- In the “Currency Exchange” section, select Balance conversion.
- Enter the requested information and click Calculate to view the currency conversion.
- Click Continue to transfer the funds.
- Review the details and click Exchange Currency to confirm the exchange.
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How do I send a payment in a different currency using my credit card? When paying in a different currency with your credit card, you have two options to convert the money. Use PayPal's conversion process to complete your transaction Use your card issuer's conversion process to complete your transaction.Why do I need to manually accept or deny a PayPal payment? It’s the first payment you receive in your PayPal account. You don’t have an active currency balance in the currency sent. You’ve chosen not to automatically accept a payment in the currency the payment was sent.How do I resolve a negative balance in my PayPal account? If your account has a negative balance, we may set-off the negative balance with any funds you receive into your account or with the funds you have in a different currency balance . Pending withdrawals may also be canceled on the account.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.What are reserves? Why is there a reserve on my PayPal account? Why did I get a reserve? Reserves are placed and evaluated on a case-by-case basis. A reserve may be placed if we believe there's a higher level of risk associated with your PayPal account. We may consider a list of factors and how they change over time, including (but not limited to):How do I send a money request or invoice? You can send a money request or invoice to anyone who has an email address. When the money request or invoice is paid, the funds are added to your PayPal account balance .Can I withdraw money to my debit or credit card? No. You can't withdraw funds from your PayPal balance to your card. withdraw your fundsWhy hasn't my withdrawal been deposited to my bank account? In case if your withdrawal fails (due to the following reasons), your funds will be returned to your PayPal balance . If a withdrawal is returned, a fee of 250 INR will be charged to cover for the returned transfer.How do I add an India bank account to my PayPal account? Your PayPal balance will be automatically withdrawn to your bank account daily. If you have one bank account added to your PayPal account, it’ll be set as your auto-withdrawal account. If you're adding more than one bank account to your PayPal account, you'll see an option to select your preferred auto-withdrawal account.Why is my payment from a sale on eBay on hold? Your payment may be pending in your PayPal balance because: You’re a new seller (whether on or off eBay); You have a “Below Standard” seller rating on eBay; orHow do I withdraw money from my PayPal account? Due to India’s regulation, your PayPal balance will be automatically withdrawn to your local bank account (which you've added to your PayPal account) daily. If you have more than one bank account added to your PayPal account, you can select your preferred bank account for the automatic withdrawal purpose.How do I know my money request or invoice has been paid? We email you to let you know it has been paid. The money appears in your PayPal balance . ActivityHow 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 . If you don't have enough funds in your PayPal balance, you won't be able to issue a refund.What is the $1 USD authorisation fee? This isn’t an actual transaction, but a temporary authorization charge to make sure that your card is valid for online payments. It'll be returned to your card automatically and you don’t need to take any action. Depending on your card issuer, it may take a few minutes or up to 30 days for the fee to be released back to your card balance .How do I close my PayPal account? You won’t be able to re-open your PayPal account once it's closed. Any pre-approved payments or incomplete transactions will be cancelled. You'll need to withdraw any balance and resolve any issues or limitation before you can close your account.How do I add or remove a debit or credit card in my PayPal account? A few things to keep in mind: The refund will still be credited back to the card if a refund is sent after the card is removed. bring your balance to zero or higherHow do I view the status of my refund? Refunds made more than 180 days after the original payment are considered new payments and will post to your PayPal balance , minus regular fees for receiving payment.
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