Quick question about currency conversion

andra33
Contributor
Contributor

Hi everyone

 

I have connected my PayPal account to a bank account in U.S. Dollars yesterday. Until now, I was withdrawing the money to a Euro account. I receive payments from my clients in $, so it makes sense to transfer from $ to $.

 

Anyway, when I did the transfer today, PayPal sent the amount (which was in $) in Euros to my $ bank account. Why did this conversion take place? Shouldn't have they sent the amount in $? 

 

I'm just thinking that maybe I need to make some settings I'm not aware of... I have set up that bank account especially for this purpose - so I skip the conversion and save my wages in $. 

 

Thank you in advance. 

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2 REPLIES 2

PayPal_AshleyM
Moderator
Moderator

Hey @andra33,

 

When you withdraw from your PayPal account, the funds are automatically converted to the primary currency for the country your account is registered in. I apologize for any inconvenience this may cause, but there's no option to change the withdrawal currency within your account.

 

- Ashley M


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andra33
Contributor
Contributor

Thank you. I have figured it out that it must be something related to that. 

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