A question for any Paypal experts

Pab

Free Member
Jun 5, 2008
775
68
We use Paypal frequently and use it to pay many of our suppliers in EUR and USD.

Payments are funded by our sterling account, which means we're exposed to forex conditions. We now have foreign currency accounts to mitigate these risks, but it seems as though we're unable to use paypal as before.

So, what we want to do is fund EUR and USD paypal payments with the appropriate foreign currency account, but it appears as though we can only have one paypal business account in one currency. Is there a way to open another account with EUR or USD as the base currency with a UK-based international account as the funding source?
 
S

silvermusic

You're only allowed a maximum of 2 PayPal accounts, a Premier/Business and a Personal one. If you do open any more and PayPal link them you stand a very real risk of getting the lot suspended, I've seen it happen.

Using the "Send Money" tab I'm able to send money to any email address in 18 different currencies. However, I will add that I've had a PayPal account before they even had a seperate UK dept. and my Primary currency is actually in US Dollars.

If you're not seeing this could you get those who you want to send money to, to send you a payment request from their account?
 
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