Withdrawing EUROS to UK Revolut Account

[Helmet28]

Hi there, I have a large sum of EUROs in my paypal account that I need to withdraw without facing any fees.

I have a revolut business account which has a EURO account within it.

Currently I am not able to link the bank account as this is not an option in Paypal. I have added the Euro debit card. Whilst Paypal does show me the option to withdraw to this, sadly my transaction always fails.

- Please can I have support in fixing this so that I can withdraw without fees to my revolut account

- If above is not possible, please provide alternative solutions for how I can withdraw EUROs without facing fees.

[kernowlass]

@Helmet28 

Withdrawals to bank accounts are in local currency, there is a fee for any currency conversion.

 https://www.paypal.com/uk/cshelp/article/HELP394

[Helmet28]

But our Revolut bank account has a EURO account with full BIC/IBAN details etc. It is a multi currency account

[kernowlass]

@Helmet28 

Doesn't matter, equally Paypal does not support Wise / Payoneer (or any other virtual banks).
Whilst you can sometimes add an account it wouldn't work properly and Paypal advise you against trying.
If you do succeed then Paypal wouldn't be responsible for any missing funds to or from that virtual / digital bank account.

 

[Helmet28]

Ok so what methods exist for getting euros out of Paypal without experiencing a charge or FX fee?

For example, we hold a business bank account with HSBC. Can I open a euro account with HSBC, then transfer all euros from Paypal into this account (without facing fees). From here I could then transfer to Revolut Euro account (without facing fees)?