Can you withdraw USD to a foreign USD Account? Paypal seems to force conversion to local currency

Nacho435
Contributor
Contributor

Can you withdraw USD to a foreign USD Account? In my case a Norwegian bank with where I have a USD Account. Paypal seems to force conversion to local currency. Does changing primary currency to USD help? I receive all transfers on PayPal on USD but the fees applied by Paypal is quite higher than the local bank conversion fee.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@Nacho435 

 

Withdrawals to bank accounts are always in local currency.

You can add and withdraw to a U.S bank account but it has to be a U.S bank opened in the U.S as paypal don't allow withdrawals to virtual/digital U.S accounts or USD currency accounts.

Paypal allow this option as its a U.S company and lets its citizens add their bank accounts to another countries paypal account if they are living abroad. 


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