My PayPal account is linked to GB£ bank account.
HubPages pays me in US$.
PayPal gives me a choice whether to withdraw it in £ or $.
They don't mind which currency I take. They just want my country of residence to match the location of my bank account. HTH.
Ok. I'm having an issue with them at the moment because I want to withdraw a balance as dollars to a dollars account. It seems to be creating a problem for their system, so I'm waiting for an update.
There's an interesting discussion here:
The very last paragraph of that article reads "Note that if you have a Europe-based USD bank account, you will not be able to send USD directly from PayPal to that USD bank account." and "There will always need to be a conversion happening on the bank’s side".
What I was describing is slightly different. I have a Europe-based GB£ account and PayPal is happy to pay in US$ into that account. However, as the writer of that article noted, I still have to pay a currency conversion fee.
The only way (if you live outside the US) to keep dollars as dollars to spend is to leave them in your PayPal account until you are ready to use them. Then you can pay your dollars direct to the seller of the items you want to buy in dollars (and you won't be charged a conversion fee).
Yes but I want to withdraw dollars (a) because PayPal isn't a bank and I don't want to store money in it and (b) because they charge for a currency conversion, whereas if I have a non-US based dollar account, I avoid that 2.5% commission (my bank doesn't charge for conversion from dollars to Euro, well not 2.5% anyway). However in that article, one of the posters reckons a double conversion occurs. So withdrawing dollars results in an intermediate conversion to the local currency and then conversion back to dollars by the bank when it receives the transfer. I rang PayPal and they insist this isn't the case, so I don't know whether the agent isn't totally au fait with the process and wrong or what the story is.
As far as I know, the reason for this restriction on moving US$ to non-US accounts is due to currency laundering regulations from the US government. (i.e. don't blame PayPal).
by Bev G 2 years ago
Great news. I just had an email saying that international earnings can now be paid by direct credit to a local bank account. Yay! I hold off claiming mine because of the extortionate charges of paying in a foreign currency cheque.Here's the email..."We have good news to share. You can now...
by tamron 7 years ago
My account doesn't show o yet it still has my balance.
by Eugene Brennan 3 years ago
Usually I do until the exchange rate is favourable.
by Wajiha Ahmed 2 months ago
Hi everyone need help ...I am from Pakistan, how can I create my account here for money?
by David 6 years ago
I just wanted to ask any UK members a quick question about your Paypal payments. They come through in US dollars and you have to convert this to GBP. Now they have a new site layout I can't see how to do this, but Paypal offer a very poor conversion rate anyway. So I was wondering what others do...
by nomenklatura 18 months ago
Hi all,Does anyone know what currency the hubpages ad program makes payouts in? Is it in US dollars, or is that dependent on the country you or your paypal account is signed up in?Thanks for the help
Copyright © 2021 Maven Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of Maven Coalition, Inc. Other product and company names shown may be trademarks of their respective owners. Maven Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|