Receiving and Paying with Euros out of a GBP Paypal account

smilonak
Contributor
Contributor

I have a GBP PayPal account and I understand that I can accept payment in Euros and keep those funds in Euros. I do not want to convert to my primary (GBP) currency, so lets say I have €500 sitting in a pot in my GBP PayPal account. Next I want to pay for a purchase made in Euros,... will I be able to use my Euro pot to pay in Euros? In addition, if I want to transfer the Euros I have to a Euro currency bank account, is this possible?

 

Thank you

Stelios

 

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2 REPLIES 2

kernowlass
Esteemed Advisor
Esteemed Advisor

@smilonak

 

You would be able to pay in Euros as long as you go back to 'manage currencies' and mark euros as your primary currency for that transaction and then you can change it back afterwards.


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smilonak
Contributor
Contributor
Thank you for the clarification, this is helpful. Do you also know if I can draw the Euros to my Euro bank account? Or if I am only able to use to make purchases in Euros? Thank you
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