Converting funds from UK

Dancewithmarg
Contributor
Contributor

I live in Canada but my Paypal account is in US dollars.  When I receive money from the UK is sits in my account showing as British Pounds.  Can I set up my account so that the money is converted to US dollars as soon as it is received into my Paypal account?

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PayPal_Andrea
Moderator
Moderator

Hi Dancewithmarq, 

 

Once you add a new currency to your PayPal account it allows you to receive payments in more than one currency and choose when and/or if you want to convert them to another currency. As such, PayPal will not convert the funds automatically. The only other option we have is to close a currency balance which would allow you to manually accept or deny any new payments made in that currency. To close a currency please follow these steps:


  1. Log in to your PayPal account.
  2. Click Profile at the top of the page.
  3. Click My money.
  4. Click Currencies.
  5. Select the currency you want to close.
  6. Click Close Currency.

-Andrea

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PayPal_Andrea
Moderator
Moderator

Hi Dancewithmarq, 

 

Once you add a new currency to your PayPal account it allows you to receive payments in more than one currency and choose when and/or if you want to convert them to another currency. As such, PayPal will not convert the funds automatically. The only other option we have is to close a currency balance which would allow you to manually accept or deny any new payments made in that currency. To close a currency please follow these steps:


  1. Log in to your PayPal account.
  2. Click Profile at the top of the page.
  3. Click My money.
  4. Click Currencies.
  5. Select the currency you want to close.
  6. Click Close Currency.

-Andrea

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