Paypal Woes
I have been trying to add a UK based USD ($) bank account to my Uk based paypal account and not having much joy. After seeking support from Paypal they decided to really clarify the situation by sending me an email which contained both these statements.
“You can add your UK based foreign account with PayPal as long as the address in that bank account matches the address you have with PayPal. It is also possible to withdraw money from your PayPal balance to your UK based foreign currency account.”
and
“The British bank account has to be denominated in Sterling Pounds only, because the currency is converted prior to being received by the bank A British bank account denominated in US Dollars should not be added as that would likely result in a failed transfer”
Well I am glad that’s cleared up then.
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