Hello Lenny,
Yes, it is possible to transfer U.S. dollars from your PayPal balance to a European bank account with USD currency support. Here’s how you can do it:
Link Your Bank Account: First, ensure that your European bank account is linked to your PayPal account and supports USD as a currency. This allows PayPal to recognize it as a valid destination for USD transfers.
Select the Currency for Withdrawal: When withdrawing funds, PayPal should offer the option to send the balance in USD if your bank account supports that currency. Double-check that you select USD as the currency for the transfer; otherwise, PayPal may automatically convert the amount to euros or another default currency.
Review Fees: Keep in mind that PayPal may charge a withdrawal fee for international transfers, even if the currency stays in USD. Check PayPal’s fee schedule or reach out to customer support for specific information on fees associated with this type of transfer.
Confirm with Your Bank: To avoid unexpected fees or processing delays, verify with your bank that they accept international transfers in USD without requiring currency conversion.
If you follow these steps, your funds should arrive in USD in your European bank account. If you run into any issues or don’t see the option for USD withdrawal, contacting PayPal Support directly may help clarify specific requirements for your account.
Best regards,
Samuel
