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Old 08-21-2016
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Default Withdraw Euro Paypal with incorrect name bank?

Hi all,

I have a France paypal. everything is okay. But next month i will leave it to another country. And my bank which added to paypal will be closed. I have some friend's bank in FI, UK, GE ... Could i use my friend bank to withdraw money from my paypal ?
Thank you for your reply.
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Old 08-21-2016
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Default Re: Withdraw Euro Paypal with incorrect name bank?

You would need a French bank account or a US bank account as far as I know. You won't be able to use a DE, UK ect account
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Old 08-21-2016
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Default Re: Withdraw Euro Paypal with incorrect name bank?

For a. French PayPal, you can add any bank account from the EEA accepting SEPA transfers. (Which includes DE but excludes UK)

And regarding the incorrect name, if you mean that the name on the PayPal account doesn't match the name on the bank account, this would not cause you a problem with PayPal as long you will be using it for withdrawals ONLY (NOT TO PAY SOMETHING).

But on the other hand if the bank doesn't accept payments (PayPal withdrawals) with mismatch names, you may face a problem with them, but not PayPal.

NB: when withdrawing from PayPal to a bank account, PayPal doesn't get to see the name of the bank account holder. But when debiting from the bank account they can see it.

Hope this would answer your question.
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Old 08-22-2016
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Default Re: Withdraw Euro Paypal with incorrect name bank?

Very well explained.
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Old 08-22-2016
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Default Re: Withdraw Euro Paypal with incorrect name bank?

Quote:
Originally Posted by Othmane View Post
For a. French PayPal, you can add any bank account from the EEA accepting SEPA transfers. (Which includes DE but excludes UK)

And regarding the incorrect name, if you mean that the name on the PayPal account doesn't match the name on the bank account, this would not cause you a problem with PayPal as long you will be using it for withdrawals ONLY (NOT TO PAY SOMETHING).

But on the other hand if the bank doesn't accept payments (PayPal withdrawals) with mismatch names, you may face a problem with them, but not PayPal.

NB: when withdrawing from PayPal to a bank account, PayPal doesn't get to see the name of the bank account holder. But when debiting from the bank account they can see it.

Hope this would answer your question.
Thank you for perfect explained.
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Default Re: Withdraw Euro Paypal with incorrect name bank?

I'm glad I was able to help

Quote:
Originally Posted by ALOHA View Post
Thank you for perfect explained.
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Old 08-22-2016
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Default Re: Withdraw Euro Paypal with incorrect name bank?

Learn something new everyday! I have never used a French PayPal. Seems pretty handy though
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