Linking Citibank global savings account to PayPal

Paperlad
Contributor
Contributor

Hi all, I have AUD and USD in my PayPal and I would like to transfer my USD to my USD Citibank Global Savings account. However, I cannot seem to be able to link this account to my PayPal. Does anyone know if this is possible?

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2 REPLIES 2

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Paperlad 

 

I wouldn't bother trying to link that account and expect your USD to transfer as USD because PayPal will always convert to your local currency when withdrawing and then your USD bank account will convert it back to USD therefore you'll lose out on the exchange when your purpose is to gain. It won't work even if you could link the bank account. It has to be a US bank account opened on US soil. The general purpose of allowing US bank accounts to be linked to non-us PayPal accounts is for the convenience of US users overseas because PayPal is US company.


Kudos & Solved are greatly appreciated. 🙂
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Paperlad
Contributor
Contributor
Thank you!
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