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-   -   Is there a way to withdraw USD from UK Paypal? (https://www.aspkin.com/forums/uk-ebay-paypal/151799-there-way-withdraw-usd-uk-paypal.html)

egycryer 01-31-2024 05:39 AM

Is there a way to withdraw USD from UK Paypal?
 
Hello,
I have a stealth account bought from years ago Jamesnorth101 amazing seller btw a bit pricey but he knows what he is doing.

So my problem is, I always receive money from my buyers via sellix and shoppy and these marketplaces

my problem is only when withdrawing money on each 1000$ there is always a loss of around 45 to 50$ to convert to GBP then withdraw the USD

is there anyway to withdraw the USD as it is?

mrsalexia 01-31-2024 06:29 AM

Re: Is there a way to withdraw USD from UK Paypal?
 
I dont think so as UK paypal only allows you to add UK sort code/account number
maybe use a bank that can convert GBP to USD after withdrawal or... just buy USA paypal.

quick question, are you using business paypal for sellix ? or self-employed (individual ) business paypal. Im assuming its not personal?

egycryer 01-31-2024 06:38 AM

Re: Is there a way to withdraw USD from UK Paypal?
 
Quote:

Originally Posted by mrsintegra (Post 1234803)
I dont think so as UK paypal only allows you to add UK sort code/account number
maybe use a bank that can convert GBP to USD after withdrawal or... just buy USA paypal.

quick question, are you using business paypal for sellix ? or self-employed (individual ) business paypal. Im assuming its not personal?

Business Paypal account not personal no
and btw I heard some people said you can connect a USD Card
I connected a USD Debit card from Wise and it was confirmed but they won't allow me to withdraw to it in USD and when I called them they told me you can only withdraw in GBP, and even I cannot withdraw in GBP strange af...

rsot 01-31-2024 10:00 AM

Re: Is there a way to withdraw USD from UK Paypal?
 
only way is if you can manually get a pp agent to add it on...but they dont do that frequently if at all these days :(

are you able to send out usd from your pp as payment?

egycryer 01-31-2024 03:16 PM

Re: Is there a way to withdraw USD from UK Paypal?
 
Quote:

Originally Posted by rsot (Post 1234820)
only way is if you can manually get a pp agent to add it on...but they dont do that frequently if at all these days :(

are you able to send out usd from your pp as payment?

You mean add the card or a U.S Bank account?
And I can pay in USD yes.

agent006140 01-31-2024 07:08 PM

No,they cant just send US $ to your UK GBP account,your bank would not be able to accept foreign currency.
If it were Paypal,you can link a US bank account.and ask Paypal to transfer to that bank account

Quote:

Originally Posted by egycryer (Post 1234936)
Didn't mean to the GB Bank,
But to a US Debit Card

You can try,who issued the US debit card?
if it works,then what?

You can keep your sales proceeds in US dollar and use it to pay for services and goods from US buyers.
If you manage to link a US $ DEBIT CARD and withdraw your US dollars from your Paypal account,you still have to deal with what to do with the US dollars?
Those sites you mentioned,would they let you list your items in GBP,if so then conversion from foreign currency to GBP would be on buyer ,not seller

Quote:

Originally Posted by egycryer (Post 1235025)
Wise Debit card, I was able to link it, but whenever I try to withdraw I get errors
I phone them, they told me the system won't override me
same thing when I tried to even add another UK bank same erro
the system won't let me withdraw to any bank other than the bank I currently have

You cant add another bank?
what error are you getting with your Wise Debit card?
Paypal prefers the traditional brick and mortar bank

She still have to pay for currency exchange conversion fee,

if you are talking about Paypal,it is a courtesy to US expatriates who are overseas,they can connect a US bank to their local Paypal account.
I know folks who move to Denmark and other countries,they just link their US bank account.
Do you have a US bank account,if so,try it,not sure about about the Iban number,you may have to ask Paypal to add it for you.
Other than that,I dont see how you can deposit US $ into Your UK bank account.
Some banks allow you t ohave 2 accounts-one in local currency and one in foreign.
eg Canadians in Canada can hve Canadian and US accounts.
Swiss may have EU and Swiss Franc
do some research
How about HSBC?

I think he is referring to what you told him
I Use only electronic now
Wise, Payoneer, Revolut

But once you download the US $ to save $50,you still have to pay to convert it to GBP?

rsot 02-01-2024 08:54 AM

Re: Is there a way to withdraw USD from UK Paypal?
 
Quote:

Originally Posted by egycryer (Post 1234846)
You mean add the card or a U.S Bank account?
And I can pay in USD yes.

us bank account will be hard to add by pp.

But you can open a usd wallet in pp and use the balance to pay for things to other pp accounts...you can get creative this way and lose much less than the conversion of usd to gb pounds

egycryer 02-01-2024 06:31 PM

Re: Is there a way to withdraw USD from UK Paypal?
 
Quote:

Originally Posted by rsot (Post 1234885)
us bank account will be hard to add by pp.

But you can open a usd wallet in pp and use the balance to pay for things to other pp accounts...you can get creative this way and lose much less than the conversion of usd to gb pounds

I understand what you mean, it's an idea, but there is noway I can withdraw to a USD Card?

egycryer 02-01-2024 06:31 PM

Re: Is there a way to withdraw USD from UK Paypal?
 
Quote:

Originally Posted by agent006140 (Post 1234853)
No,they cant just send US $ to your UK GBP account,your bank would not be able to accept foreign currency.
If it were Paypal,you can link a US bank account.and ask Paypal to transfer to that bank account

Didn't mean to the GB Bank,
But to a US Debit Card

sax4 02-02-2024 07:26 AM

Re: Is there a way to withdraw USD from UK Paypal?
 
Sellix....shoppy....are these online marketplaces?

rsot 02-02-2024 08:56 AM

Re: Is there a way to withdraw USD from UK Paypal?
 
I do like HSBC bank but there are often higher balances needed for people outside the country to get a usd bank account from them

egycryer 02-03-2024 03:17 AM

Re: Is there a way to withdraw USD from UK Paypal?
 
Quote:

Originally Posted by agent006140 (Post 1234941)
You can try,who issued the US debit card?
if it works,then what?

Wise Debit card, I was able to link it, but whenever I try to withdraw I get errors
I phone them, they told me the system won't override me
same thing when I tried to even add another UK bank same erro
the system won't let me withdraw to any bank other than the bank I currently have

egycryer 02-03-2024 03:17 AM

Re: Is there a way to withdraw USD from UK Paypal?
 
Quote:

Originally Posted by agent006140 (Post 1234940)
if you are talking about Paypal,it is a courtesy to US expatriates who are overseas,they can connect a US bank to their local Paypal account.
I know folks who move to Denmark and other countries,they just link their US bank account.
Do you have a US bank account,if so,try it,not sure about about the Iban number,you may have to ask Paypal to add it for you.
Other than that,I dont see how you can deposit US $ into Your UK bank account.
Some banks allow you t ohave 2 accounts-one in local currency and one in foreign.
eg Canadians in Canada can hve Canadian and US accounts.
Swiss may have EU and Swiss Franc
do some research
How about HSBC?

I Use only electronic now
Wise, Payoneer, Revolut

egycryer 02-03-2024 03:19 AM

Re: Is there a way to withdraw USD from UK Paypal?
 
Quote:

Originally Posted by sax4 (Post 1234962)
Sellix....shoppy....are these online marketplaces?

Yes, where you list your own products.

rsot 02-03-2024 12:44 PM

Re: Is there a way to withdraw USD from UK Paypal?
 
Quote:

Originally Posted by egycryer (Post 1235026)
I Use only electronic now
Wise, Payoneer, Revolut

These cards do offer usd balances last time I checked but the conversion on their side...you might need to set up different currency accounts with them...tried that?

egycryer 02-04-2024 02:44 AM

Re: Is there a way to withdraw USD from UK Paypal?
 
Quote:

Originally Posted by rsot (Post 1235058)
These cards do offer usd balances last time I checked but the conversion on their side...you might need to set up different currency accounts with them...tried that?

Different currency account with whom exactly?
sorry for the confusion.


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