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since ‎Sep-12-2024
Country: Poland
Type: Business
Marc2780
Marc2780 Contributor
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Premier account = personal account?

by Marc2780 Contributor in Managing Account
‎Sep-18-2024 10:20 AM
‎Sep-18-2024 10:20 AM
Recently I opened a business account for my online business. I already had an account created 15 years ago, very rarely used. I always thought it was a personal account. But I just downloaded my personal data from that account and there it says it's a Premier account. I read on this forum that Premier no longer exists and turned into Personal accounts many years ago. I believe it's allowed to have 1 personal and 1 business account, so is it ok if I keep that 1st account open and is that actually a personal account? ... View more
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  • Account General
  • Getting Started

receiving international transfers - primary curren...

by Marc2780 Contributor in Transactions
‎Sep-12-2024 03:21 AM
‎Sep-12-2024 03:21 AM
I have just created a business account. PayPal has automatically opened 2 currencies in my account - PLN (my opening currency/local currency) and USD. By default, PLN is set as the primary currency. I will be invoicing in USD (selling services) and receiving payments from American customers in USD. I know I can withdraw the money to my bank account only in PLN. Should I change the primary currency to USD? What happens if I keep PLN as the primary currency, will I receive USD or PLN (automatically converted by PayPal from USD)? ... View more
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