posted on October 12, 2001 02:18:23 AM new
I just opened up a paypal account..
and I'm in Canada. As I understand it, the rules are different for us. Just wondering if anyone whos opened a Canadian account could clarify a couple of things for me.
(I found to info on their site to be lacking)
I added my credit card..and at this point, I am unverified. (need to wait for my credit card statement to come in)
Will I be able to recieve funds?
Is there a limit on the funds that I can recieve? And..will I be able to spend those funds? (before my credit card is verified)
When does the exchange rate charge come into play? When I recieve money? Will it be converted to Canadian dollars when it hits my paypal account?
I will likely spend any paypal I recieve on Ebay. Will I be charged again to convert the money back into US dollars?
Is the paypal debit card available to Canadian customers..and finally (sorry for all the q's) do I need to register a bank account with paypal in order to be able to spend any money I recieve?
I added my credit card..and at this point, I am unverified. (need to wait for my credit card statement to come in)
Will I be able to recieve funds? (Yes, once a credit card is added/confirmed)
Is there a limit on the funds that I can recieve?
***(No, but your ability to accept credit cards is determined by your account type)
And..will I be able to spend those funds? (before my credit card is verified)
***From the faq-
Once I have opened an International PayPal account, what will I need to do to use it?
After opening your International account, you will need to add a valid Visa or MasterCard before you may use PayPal to send or recieve funds. To add a Visa or MasterCard, login to your account and click the "Add Credit Card" in the "Activate Account" box on your Account Overview.
When does the exchange rate charge come into play? When I recieve money? Will it be converted to Canadian dollars when it hits my paypal account?
***All transactions are sent in US dollars. The conversion occurs when you withdraw the money.
I will likely spend any paypal I recieve on Ebay. Will I be charged again to convert the money back into US dollars?
***The money will be in US dollars in the account.
***You will need to register a bank account if you want to take it out of the system.
***Debit cards are not available for international users at this time.