Guys, here’s an update: You can add your GB IBAN into PayPal if you use the mobile app. Mobile app gives the option to choose the country of the account.
I’m sure this option will soon be available to desktop too, meanwhile, just add it from mobile PayPal.
What about other currency’s? I have a UK Paypal account with USD credit, I am trying to send USD from PayPal to the USD account in Revolut. PayPal asks for a Sort Code and Account number. But on the Revolut account information for USD , there is no sort code or account number.
Only a, Reference number, Beneficiary, IBAN, BIC , Bank Name, Beneficiary address.
I don’t want to use PayPal to exchange the currency from USD to GBP because the rate is horrible, outright theft. Anyone achieved moving USD into a Revolut?
I’m afraid paypal forces you to convert to your home currency before withdrawing. My advice is to only use the scam that is paypal when absolutely needed…
I tried it with a TW borderless account, it’s working
I had to call the PayPal US hotline a few times but now all is ok
All you need is a US address and a US phone number. I used my myus.com address (address for receiving parcels) and I downloaded an app where you get a free US phone number, problems solved
Sure you can do that, but after you receive money there a few times paypal will freeze your account and request ID verification. If you’re not American, say goodbye to your money. You’ve been warned!
Also paypal US doesn’t allow what they classify as virtual accounts like transferwise, meaning next time they do their monthly sweep the account will be removed from your PayPal without warning and you won’t have a means to withdraw money from paypal
You don’t have to be American, you only have to be a resident , I could verify me with a Swiss ID.
They have removed my bank account once but I called them and they said it’s okay and re-added it .
Sure there may be a few ways around it for now, but they’ll eventually freeze your account and you won’t be able to unfreeze it. Believe that I know what I’m talking about
Yes, I know what you’re meaning.
I know that they could freeze my account every time, so as precaution my balance is 0.00 $, I only send money to the account when I want to withdraw money
When they freezed and blocked my account I was unable to send a payment (even .01 $) but I was still able to refund the money back to the other account
Sorry for my late answer, I have currently to do the military service for my country
You can get a free US account if you use TransferWise: https://transferwise.com/u/gabrielb221
If you have any questions, don’t hesitate to contact me
Just FYI, I have just successfully added revolut account to Paypal.
At first it didn’t work because I pasted account number with spaces betwen groups of symbols. So it showed red and I thought IBAN is rejected. Then I figured I can remove the spaces from IBAN and it just worked. I was not even asked to verify account. It immediately showed as confirmed.
I withdrew some € and now waiting to see if the transfer will go through soon.
So probably issues are gone now. At least in Europe (I did from Bulgaria).