Holding balance in the wallet

marketBasket
Contributor
Contributor

Is there a way to send money to my paypal account, and hold the balance for a long period (say for one month) in the paypal wallet without transfering to the bank account?

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3 REPLIES 3

kernowlass
Esteemed Advisor
Esteemed Advisor

@marketBasket 

 

I don't think the option to add funds is available in your country. 

Also as you can't receive Paypal payments in your country (only send them) then you would not be able to withdraw funds from a balance either.


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marketBasket
Contributor
Contributor

Thank you for the reply. My paypal account and the bank can receive payments. I will discribe my situation below.

My bank allows only a limited amount (per week) to be paid via paypal. I need to make a larger payment. One way to do that would be: transeferring funds (within the allowed limit) to my paypal account weekly for several weeks and making the online payment with the paypal wallet once the balance reaches the required amount.

Is there a way to achive this?

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kernowlass
Esteemed Advisor
Esteemed Advisor

@marketBasket 

 

You can't add a local bank account / debit card in your country.
You can only link a visa credit card.

Also the option to receive paypal payments is sadly not available in Sri Lanka.
You can only send payments for purchases funded by your (confirmed) credit card.

Paypal varies a lot country to country and can only offer the services that the banks / governments of that country allow it to offer.
There are quite a few countries unable to receive paypal payments.

https://www.paypal.com/ga/webapps/mpp/ua/residence-full


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