few paypal question

que1. i have paypal a/c..i transfer my money in my bank a/c from paypal..now is it possible i transfer some money to my friends bank a/c?

que2. if i received money in two currency can i set different currency in same paypal a/c..is it chargeable?

 

what about que2?

 

If you are talking about transferring the funds fwhen it's already in YOUR bank account and then do a transfer to YOUR FRIENDS bank account then that is possible. If you are trying to transfer funds from your paypal account to YOUR FRIENDS bank account, that is NOT possible.

If you update your paypal settings they do it for free when the money comes in a different currency then the default.

 

so no charge for saving money in 2 different currency ..now i have other question..

if i save some money in $ and some money in pound..

ex..... 50 $ and 100 pound..

now i want to withdraw money

now first i withdraw 25 $ ( currency in $)

now i want to withdraw 65 pound ( currency in pound)

so what rate apply both time ? when i transfer in my bank a/c ..for $ to Rs. and Pound to Rs.?

 

Its not like that.

If ur a/c has $ as primary currency , than while receiving pounds will get converted into $ as per the exchange rate. so at the end , when u withdraw to bank , it will be $ to INR tht u will withdraw

 

so no need to save two different currency in paypal a/c?

 

que1. i have paypal a/c..i transfer my money in my bank a/c from paypal..now is it possible i transfer some money to my friends bank a/c?
Not possible coz paypal only transfer to the bank account added at your paypal.

que2. if i received money in two currency can i set different currency in same paypal a/c..is it chargeable?
No possible coz all the different currency you receive will be converted to your base currency as total amount at the current conversion rate.

 

data atpaypal must be the same with your acc data on bank

 

no

it will automatically get converted or it asks u first whther u want to convert or not

--
Mrockzzz
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q1. You may only transfer to the account you have on your profile.
q2. Yes you may set as many currencies as you like. I believe it's free. PayPal will only charge the conversion fee if you decide to convert one currency into another.

 

It is not possible for you to transfer money to your friend's bank account directly using paypal. You should use services liek xoom for this

 

I do not understand why you want to save in two different currencies....

there won't be any saving... while the two are major currencies, #and$ are

accepted if you have only one of them. no need to change the default payment
in your required parties currency.