Having various currencies in your balance?
By TeamCholent
@TeamCholent (2832)
United States
December 21, 2010 6:03pm CST
I am just wondering as I know its possible for me to have say 5 different currencies in my PayPal account? I receive payments in US$ but would like to get a little in other currencies as well. It would be amazing as I send money to all over the place and having the local currency would make it far easier for me. So i am just curious to know how.
1 person likes this
10 responses
@dawnald (85146)
• Shingle Springs, California
22 Dec 10
I only have 2 kinds, dollars and cents. :D
Seriously, I haven't joined anything where I would get payments in foreign currency - so far.
@western_valleygirl (1363)
• United States
1 Jan 11
Lol...I'm with you there. Only dollars and Cents. But, the exchange rate'll kill you if you have to change it for any reason. And, paypal will definitely take it's cut (always).
@TeamCholent (2832)
• United States
23 Dec 10
Maybe from those illegal trades in commodities?
1 person likes this
@ShepherdSpy (8544)
• Omagh, Northern Ireland
3 Jan 11
That would be one of my interests in using Paypal as well..I get some of my payments in USD for survey sites (And Mylot!),and some in GBP...I'd prefer to be able to use my funds in online locations where the respective currencies would be usable,so as to save on forex fees..
@TeamCholent (2832)
• United States
5 Jan 11
Like the various Ebay stores for example? Sounds good to me.
@lakerfanster (2577)
•
28 Dec 10
I am from England and most of my online earnings that are paid via paypal come in US Dollars which means that my total in pounds changes with the exchange rate.
@snowhybiscuis (1882)
• Philippines
22 Dec 10
With our paypal, we also receive dollar. But though I have a dollar bank account, the paypal converts it to our local currency. Thus, when I withdraw I don't receive dollar but peso. For me, it would be better if I receive a dollar as well.
@TeamCholent (2832)
• United States
23 Dec 10
Of course when you withdraw you can't get the forex as thats illegal and how would they do that.
@youless (112561)
• Guangzhou, China
22 Dec 10
It is OK for you to have different currencies in your Paypal balance. You can receive any kinds of currencies. But if you want to exchange one to the other, then you have to do it according to the Paypal's rate and this will make you spend extra.
I love China
@moonchild1au (6237)
• Australia
22 Dec 10
I now have 2 currencies in my paypal account - I used to only have it in US but decided not so long ago to add my own currency - AUD...I can't remember exactly how I did this but I think that I just went into my profile or account to add it. I hope this helps you somewhat.
@TeamCholent (2832)
• United States
23 Dec 10
Thanks, I started saving already but if only I got paid in some other currencies hehe.
@JudgeIronFist (2472)
• Singapore
22 Dec 10
I only have 3 currencies, which is, USD, GBP, and SGD. USD is my main currency as most of my earnings are paid in USD I think it's more convenient to have just 1 or two in your Paypal account as it's a bit easier when it comes to conversion.
@TeamCholent (2832)
• United States
23 Dec 10
Ya but I send donations to at least 3 countries outside the US so the forex would be easier and cheaper.