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panamajim
New Community Member

Hello,

I am retired and have moved to Panama. I do not have a U.S. cell phone or address. I do have bank accounts in both countries.

I am now having trouble accessing my account. Should I cancel my U.S.Paypal account and sign up for a Panama account or???

I purchase quite a bit of items from the U.S. that I cannot get down here. Any help will be greatly appreciated.

Thank you, Jim

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kernowlass
Esteemed Advisor
Esteemed Advisor

@panamajim 

 

Paypal is country specific so if you move countries you have to open another paypal account in the country you reside in and add an address / phone number / and bank accounts from within that country.

You are supposed to withdraw any funds / resolve issues / remove cards and bank accounts before you leave your old country. If you don't then you may have problems doing so once you have moved.

The only exception is U.S expats can add their bank accounts to other countries paypal accounts (paypal is a U.S company so they allow their citizens to do this).




Advice is voluntary.
Kudos / Solution appreciated.
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