change country account and move the money from old to new?

flavio59
Contributor
Contributor

I moved to another country and I know  that the account must be  open in the country I live in.  Do I need to close the old one?
How do I transfer the money from old to new account?   I presume I will have both accounts (old and new) in order to transfer.
Correct?
Thanks.

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1 REPLY 1

kernowlass
Esteemed Advisor
Esteemed Advisor

@flavio59 

 

Paypal is country specific so if you move countries you have to open another paypal account in the country you reside in and add an address / phone number / bank accounts / cards from within that country.

You should really withdraw any funds / resolve issues / remove cards and bank accounts / cancel any subscriptions and close the old Paypal account before you move countries. If you don't then you may have problems doing so once you have moved and may need to contact customer services for help to resolve things.

You can however in most countries add a U.S bank account (not card) to your paypal account. This is because paypal is a U.S company and allows that option for U.S Paypal account holders working in other countries.


Also you are allowed x2 paypal accounts but ONLY if x1 is personal and the other x1 is a business account. If you have x2 of the same type you risk both being limited.

 

 


Advice is voluntary.
Kudos / Solution appreciated.
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