foreign currency
dunk_6
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Posted on
May-27-2020
08:46 AM
Hello folks,
I have few questions:
- Can people send money in our currency? Example people in CAN wanna send money in Malaysia Ringgit.
- If I received money in my own currency, is there any charges in transferring the money to my Bank account?
- If I received money in foreign currency, how the conversation happens and is there charges like admin fee when transfer to our Bank account?
Appreciate the help.
Thank you.
1 REPLY 1
kernowlass
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May-27-2020
09:01 AM
1. Yes.
https://developer.paypal.com/docs/payouts/reference/country-and-currency-codes/
2. If you withdraw to a bank account then no but if you withdraw to a card then yes.
3. You would pay a fee as a seller to receive paypal payments.
You could also convert the funds from any paypal supported currency to your own.
If you want to receive other currencies you would need to add them as a receiving currency to your paypal account.
Advice is voluntary.
Kudos / Solution appreciated.

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