Transferring to Bank Accounts
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Situation:
My customers can pay into my PayPal business account with Euros, Swiss Francs or USD.
I have a Swiss Franc Bank account and a Euro Bank account (but at a Swiss bank).
Here's my problem:
When I want to transfer Euros from PayPal to the Euro Bank account, PayPal first converts the currency to Swiss Francs before transfer. The result: If, for example, I want to transfer €50 from Euro PayPal account to my Euro bank account, PayPal first converts this to Swiss Francs with a relatively poor exchange rate. This Swiss Franc amount then gets transferred from PayPal into the Euro account at my bank and a second currency conversion occurs to return it to Euros on the Swiss side.
My question:
How can I prevent PayPal from making a currency conversion, to enable me to transfer Euros from PayPal to Euro bank account directly?
Thank you!
- Labels:
-
Add or withdraw money
-
PayPal Balance

Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- it says that I cant transfer the money to my Paymaya account? why is that? can someone help me? in My Money Archives
- Transfer funds from a preloaded card to bank in My Money Archives
- Withdrew money, different amount hit my bank account. in My Money Archives
- Money refunded on paypal site but still taken from bank account in Payments Archives
- first time cant transfer the money from my bank to paypal account. Why?! in My Money Archives