Belize intermediary banking??

bz501
Contributor
Contributor

ok i think i figured out how to get $ to Belize:... intermediary banking: I have my paypay account (im involved with affiliate marketing) and want to use an "intermediary bank" such as payoneer.com with you;(paypal) ….. they would want things like my Belize bank SWIFT Code and my account # to transfer funds (my pay&earnings) From work to paypal, then to intermediary bank (payoneer.com) to Scotia Bank Belize... Does paypal work with intermediary banks like payoneer.com? Thx for your time. Looking forward to a reply. 

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4 REPLIES 4

PayPal_Olivia
Moderator
Moderator

Hi @bz501,

 

Thank you for your post. 

 

Virtual bank accounts such as Payoneer are not compatible with PayPal accounts and should not be used on a PayPal account. PayPal accounts should also not be used as an intermediary between two financial accounts that you own. PayPal is intended for sending and receiving payments to and from other parties. 

 

I hope this helps!

 

Olivia

 

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bz501
Contributor
Contributor

hi

what about collecting paypal gift cards from (gpt get paid to) websites and "redeeming or cashing out" to an intermediary account such as payoneer?

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PayPal_Olivia
Moderator
Moderator

Hi @bz501,

 

Please make sure that you are only using PayPal for sending payments to others or receiving payments from others. Any activity where you are sending payments to accounts from one financial account or instrument of your own to another would not be the purpose of using PayPal. 

 

Thank you.

 

Olivia

 

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jleonard1984
Contributor
Contributor

hi there. I am launching an ecommerce store. the company is registered in canada ( I am the beneficial owner), I have the option to have a belize coroporate account to recieve payment. does PayPal allow me as a merchant to receive payments to his belize account that my company and I are the beneficial owner?

thanks 

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