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Can Paypal convert currency?

Discussion in 'PayPal' started by nufox, Nov 2, 2012.

  1. #1
    I have this situation where money is in USD. I am based in Europe so I uses Euro. Will the USD auto convert to my Euro into my account?
     
    nufox, Nov 2, 2012 IP
  2. alamlinks

    alamlinks Well-Known Member

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    #2
    I think you want convert your money when you will withdraw to your bank account. This will be automatically converted and will be deposited to your bank account.

    Don't worry.


     
    alamlinks, Nov 2, 2012 IP
  3. mangoo

    mangoo Peon

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    #3
    You don't have to do any conversion manually, as PayPal only allows to withdraw in your national currency (or, to a bank in USA).
     
    mangoo, Nov 2, 2012 IP
  4. bestresponse

    bestresponse Guest

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    #4
    I think when you get money in other currency paypal will convert automatically to your default currency you dont have to convert it manually
     
    bestresponse, Nov 2, 2012 IP
  5. mangoo

    mangoo Peon

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    #5
    One problem with that, is PayPal's rates are not very competitive (and you can't avoid that).
     
    mangoo, Nov 2, 2012 IP
  6. Cucumba123

    Cucumba123 Well-Known Member

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    #6
    3 people above said the exact same thing and all of them are half-brained. Yes, PayPal does allow you to convert currency inside your account, without withdrawing the money. Just go into your profile and add a currency, then use the converter tool.
     
    Cucumba123, Nov 2, 2012 IP
  7. Karen May Jones

    Karen May Jones Prominent Member

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    #7
    I was paid from a different country with paypal. It was an automated process, but there were fees associated with changing the currency and accepting the payment. It cost me about four usd to recieve fifty usd from .. the Netherlands.
     
    Karen May Jones, Nov 2, 2012 IP
  8. mangoo

    mangoo Peon

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    #8
    Perhaps if you've read OPs question, you should now call yourself half-brained.
    He didn't ask about converting the money without withdrawing it.
     
    mangoo, Nov 2, 2012 IP
  9. lifeplayer

    lifeplayer Notable Member

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    #9
    lifeplayer, Nov 4, 2012 IP
  10. karthimx

    karthimx Prominent Member

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    #10
    You can open them in 2 currency and if needed you can withdraw in USD or EUR as per the exchange rate on the date.
     
    karthimx, Nov 4, 2012 IP
  11. jiangee

    jiangee Peon

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    #11
    I Think when you get EURO $ in other currency papal will convert automatically convert
    OK THANKS
     
    jiangee, Nov 25, 2012 IP
  12. Nawshale

    Nawshale Active Member

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    #12
    I believe paypal will show you the amount of money sent to you still in USD however you will have the option to convert it to your currency. :) No worries too if you're going to withdraw them to your bank since it will allow you withdraw it with no worries.
     
    Nawshale, Dec 3, 2012 IP
  13. lifeplayer

    lifeplayer Notable Member

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    #13
    Dont sinply think, the truth is paypal never automatic convert the currency
     
    lifeplayer, Dec 3, 2012 IP