Am i allowed to transfer funds from PayPal to Payoneer

carloshorson
Contributor
Contributor

Hi, am i allowed to transfer money from my PayPal balance to my Payoneer account? i searched through the internet and everybody is saying different.

Please let me know. Thanks

Login to Me Too
4 REPLIES 4

TonyTam
Contributor
Contributor

If you can link the EUR bank account details from Payoneer to your PayPal account and successfully link them to withdraw to bank, why not?!

Login to Me Too

kernowlass
Esteemed Advisor
Esteemed Advisor

@TonyTam 

@carloshorson 

 

Paypal does not support Payoneer (or other virtual banks), you can sometimes add an account but it won't work properly and Paypal advise you against trying.


Advice is voluntary.
Kudos / Solution appreciated.
Login to Me Too

carloshorson
Contributor
Contributor

Thank you for your reply. By "not working properly" what do you mean can you explain? can my funds get lost? also can I get a penalty for doing this? 

Login to Me Too

kernowlass
Esteemed Advisor
Esteemed Advisor

@carloshorson 

 

You can try withdrawing funds to the payoneer bank account but they will be declined and returned to your paypal balance ie not work properly.


Advice is voluntary.
Kudos / Solution appreciated.
Login to Me Too

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.