April 15 debit card cancellation
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I am in Canada....I use my Paypal BUSINESS DEBIT CARD while in the US to withdraw US cash or pay for purchases in US money After April 15
I will not be able to do so... this is a major problem...Paypal will not transfer US funds in my PayPal account to a Canadian US$ funds bank account
They insist on converting the US funds to Canadian currency which of course will have a transaction fee....No point in having a Canadian US$ acct.
After Paypal US$ transfer to my bank Canadian $ acct. you can now change your Canadian funds back to US$ with another transaction fee and end up with
US$ cash money....How convenient is that ???? SOMETHING IS TOTALLY WRONG HERE
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This stinks! I've had my Paypal debit card for years. They did this once before and then brought it back. I go to the US all the time and it's great to be able to access my funds. Plus I use it to fund my postage and now I will have to withdraw the money to my US account which will take a couple of days. If I can't use a Paypal debit card then at least they should speed up the transfer to my bank account! I'm not impressed!
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