The tough part is the currency conversion on withdrawing your cash. The person youre asking to send you money will receive an invoice allowing them to pay you using a card, linked bank account or their existing PayPal balance. You may also use the tools of the community accessible online. The name of the sender is supposed to match the name of the Paypal account holder. Well walk through the features, fees and limits of the TNG Wallet and TNG Wallet Mastercard. But requested that merchandise be send to Kong Hong. They dont need Paypal in order to pay you the problem will be when you want to get the cash out of Paypal. This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. This ultimate guide runs through all you need to get started paying in and out of your Alipay HK wallet. You probably dont want to pay Paypal approximately 2.5% to convert from USD to HKD, especially if your Hong Kong bank will then convert it back to USD. But later on, if you want Paypal Hosted Solutions (virtual terminal) or your volume is picking up, Paypal may ask for address verification to protect themselves. Want to save with international transfers? Unless you like having your money arbitrarily frozen periodically. - Meghan. Tags: banking, guide, hong kong, merchant account. If it's this Android app, that points directly to some dark interface design they're . Contributor. }, The Ultimate Paypal Hong Kong Guide (Get Verified, Stay Safe) 4.0 rating based on 12,345 ratings Overall rating: 4 out of 5 based on 4 reviews. Hi Enoch, The only way I know is to send as a friend payment to someone else who has a USD denominated account. Youll also be able to pay using a PayPal.me link if your recipient has sent one to you. This guide walks through the costs of making an online money transfer with PayPal, including the upfront charge and currency conversion fee. Just discovered i have been swindled out of $39.99 a month since January 2022 from this company for i have no idea what!! If the information youre shown doesn't answer your question, scroll down. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Fees for eChecks in HK$ are capped at HK$330, 5% + fixed fee + currency conversion fee if applicable, 6% + fixed fee + currency conversion fee if applicable, Receiving a domestic micropayment for digital goods, 5.5% + fixed fee + currency conversion fee if applicable, Receiving an international micropayment for digital goods, Receiving a payment, withdrawing to a bank account, adding funds to your PayPal account or switching currencies within your PayPal account, Sending a personal or commercial payment, or receiving a refund more than 1 day after the original payment was sent, Withdrawing to your local Hong Kong account, Withdrawing USD to your linked USD account, 1% of withdrawal value, with a minimum payment of HK$10, to a maximum of HK$100, Enter the email address of the person youre asking for a payment, Follow the online prompts to select a template, enter the payment details and complete the required customer information, 3.4% + fixed fee + currency conversion fee if applicable, HK$38.99 + currency conversion fee if applicable, HK$38.99 + 3.4% + fixed fee + currency conversion fee if applicable. Luckily, there are more and more choices lately and the fees are still rather high comparatively speaking but coming down. Knowing this, my paypal currency will be in USD. The transaction exchange rate is adjusted regularly and includes a Currency Conversion Fee applied and retained by us on a base exchange rate to form the rate applicable to your conversion.. Heres how to edit your address: 1. Introducing Neat - Online HK Business Banking & Connect Your Paypal/Stripe. The REST APIs support many countries for PayPal account payments if you have a business account. Can anyone help me identify who these people are and why they are trying to take money from me monthly? Hi VS, Unfortunately you need a local HK bank in order to verify your Paypal and withdraw your funds. I have a HK mobile phone plan that I use traveling abroad, may be worth the investment? You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. PayPal - How do I send money through PayPal? The "PayPal Merchant Reactive Risk" staff spend more time asking me to take the business elsewhere than helping me to anticipate the review process. Thanks in advance. Why this number ? RD Wallet Technologies Limited. Another Option To Send Transfers Within Asia. App similar to findmyiphone but for Androids. If you need to send or receive an international payment online you could be better off using a specialist service like Wise. This is because they do not want to make it too difficult for you to get started selling on Paypal in your early days. Check out Wise as a smart, simple way to cut the costs of sending and receiving money from overseas. I hope everyone has a wonderful weekend! New to the community? Good work, really good work driving your customer away. I personally dont withdraw much of the funds from Paypal to avoid the currency conversion. Its worth noting that there are fees to pay when sending money to friends and family abroad with PayPal. Find out how to register, send and and receive money via FPS. force you to pay out in HKD and then convert back to USD or NZD etc. Send fake tracking numbers to win item non receipt of item claims. Ok, but seller want it sent to Hong Kong. If Paypal insists on banking HKD only, why not simply m=have a merchant account that feeds into my HK account in the currency in which it is received? Include audit reports of your parent company, associated companies and subsidiaries. Thats $250 USD just for the right to move your money to the bank. Consumer Advisory - PayPal Hong Kong Limited is a licensed issuer of a stored value facility regulated by the Hong Kong Monetary Authority under Licence Number: SVF0008. However, there may be charges which the sender has to cover. Check that for the most up to date information on companies. Prior results do not guarantee a similar outcome. This guide walks through how to use GCash from Hong Kong. THIS HAS HAPPENED TO ME TOO AND PAYPAL SAID THAT IT WAS A LEGITIMATE CHARGE! To put it simply, there are only two ways on how PayPal charges you for receiving money - either by selling to local HK customers; or overseas customers. I have a local Hong Kong Paypal account. Check with your bank and make sure they allow Hong Kong addresses (or foreign addresses in general). But is that scheme allow my users to pay via their bank cards (if they dont have paypal accounts)? Please do not reply to this email. * This number, only available 3 minutes, is not your correspondants number but the number of a service putting you through to that person. PayPal will carry out currency exchange for you - but youll need to pay a 4% Currency Conversion Fee on top of any other charges levied. Want to work with specialists in the GFA network? If you send money overseas with PayPal, youll usually need currency conversion so your payment is made available to your recipient in their local currency. A question I received from a reader was they are moving to USA and doing business there, but after many years with a Hong Kong Paypal with subscriptions, they are asking me if you can transfer the Paypal HK to a US based account. But stay positive and make steps forward each day! Ill probably send to another user to get around the 2.5% fee. Users in Hong Kong SAR, China are advised to read the terms and conditions carefully. Almost every business that has any online presence has PayPal. Company directory and business data solutions. Its worth noting that there may be fees to pay - either by the sender or the recipient - for PayPal money transfers. Heres a short overview that we worked out for you to take a detailed look into all the costs of your local company getting a PayPal account. We appreciate your patience and thank you for your help in making PayPal the safest and most trusted online payment solution. Ok, but seller want it sent to Hong Kong. You can open your PayPal business account online. Users in Hong Kong are advised to read the terms and conditions carefully.Paypal Compliance. GFA has full service options for various specialties below. The trick is, to getting it verified to withdraw the money to a bank account. Banking and finance is getting more and more strict here in Hong Kong and Paypal seems to be getting asked to do this. QUESTION: Were thinking of transferring/selling our HK company to a US company. For instance, if you withdraw USD from your Hong Kong PayPal account to your U.S. bank account, you would have to pay an additional withdrawal charge of 2.5 percent for that. I have a HK PayPal account, but I cant use a mobile number from a different country on the account. Whats my experience with Paypal? Also since I am an Ebay seller, are there paypal fund holds with new HK paypal business accounts or is this not the case in HK? These are the basic steps to setup in Paypal HK: Congratulations, you now have a verified Paypal Account! Any specific info youll need to enter include: You will then get an email with confirmation. Also, I have an extensive guide and listing of Hong Kong Merchant Accounts and I try to update it regularly. (The documentation does not need to show the address where the item was actually sent. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. We are offering Paypal Full Verified USA Paccount With All docoments We will give you Vitural Bank Account VCC USA Number USA Paid Ip Google voice account Gmail account Paypal Account We also selling ebay account and if you need walmart any product you will give you 15% discount No Tex. I just want to transfer the location of my accoun. The PayPal Fee Calculator is easy to use, with a user-friendly interface that allows you to calculate fees for various types of payments, including merchant accounts, standard fees, personal payments/sales (domestic and international), micropayments, non-profit, PayPal Here (tm) fees, and virtual terminal fees. How easy it is to withdraw funds transferred into PayPal? Is multi-currency banking not an option? You may contact a Business Consultant in Paypal HK. Thats annoying as Id be exchanging twice which seems like such a waste of money. I am completely new to PayPal. You can receive money through PayPal in a variety of different ways. They may likely reject the payment. Copy of your Companys Certificate of Incorporation (CI), Proof of address of your Company (e.g. He hasnt seen the site asking for the fee, and saw that they havent implemented it (yet) lets keep up on the pulse let us know. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. We have a Remittance Partner Recommendation. Pingback: Hong Kong Needs Stripe Merchant Account Services! Please also update the address on your Proof of business address document to the account. *Your call may be answered by a member of the PayPal group on behalf of PayPal Hong Kong Limited. Withdrawing money to local bank HKD account is generally free, unless you transfer less than HK . I have been very successful for a few years now using my Paypal HK Account with zero interruptions, until now. As business owners, we all have a love and hate relationship with Paypal. Check if you had a subscription set up.Click on the profile tab (icon next to log out) > Click on payments third option along on the thick blue band top of page > "manage pre-approved payments. If you transfer your current bank account to use your Hong Kong address, you should receive your next bill at your Hong Kong residence. Aurelia Pay is a leading cross border payment service in South East Asia, Hong Kong and Greater China. How is your experience using Paypal in the Hong Kong business market? As well as paying a transaction charge, there is a fixed fee charged for receiving most commercial payments. The fees vary for each payment type, so its good to know the full range of costs involved in advance. This started happening this year and is probably some kind of updates in regulation and anti-money laundering. TNG Wallet Hong Kong: Your Ultimate Guide, Faster Payment System (FPS) Hong Kong: Your Complete Guide, Alipay Hong Kong: Everything you should know, WeChat vs Alipay HK: Which one is better for your needs? Well walk through the features, fees and limits of the TNG Wallet and TNG Wallet Mastercard. Discover it now, Mid-market exchange rate + 4% currency conversion fee, Enter the email address of the person you want to send money to, Follow online prompts to enter the amount and currency youre sending in, Add a note to the recipient, check and hit, Enter the email address of your recipient, Confirm the amount and currency youre sending in, Check the details and complete the payment, HK$38.99 if payment is funded using your PayPal balance or linked bank account, HK$38.99 + 3.4% + fixed fee based on currency if you pay using a card. Welcome! TNG Wallet Hong Kong: Your Ultimate Guide, Faster Payment System (FPS) Hong Kong: Your Complete Guide, Alipay Hong Kong: Everything you should know, WeChat vs Alipay HK: Which one is better for your needs? Taking money out is a rather tricky part. Where it all began! Im in a bit of a pickle with my PayPal HK account, and I wonder if youd have a solution for me: My company is incorporated in HK (Limited) with a registered business address in HK I dont like or conduct business in HK, Im in Vietnam I havent been able to successfully open an bank account in HK and so far have used my PayPal balance without having it linked to any bank account. Since they're. The reason you get this is it is a true merchant account. We appreciate your patience and thank you for making PayPal the better choice for sending and receiving payments.Paypal Compliance. Youll pay several fees when you receive an overseas business payment from PayPal. But, youre not alone. Introducing Neat - Online HK Business Banking & Connect Your Paypal/Stripe, The Story of Neat Hk Developing in Hong Kong to Help the Banking Market with David Rosa and Igor Wos, Neat HK: A Solution for the Hong Kong Banking Nightmare? Hey Roger, They always wanted residential address proof in HK but lately have been more strict about it. Wan Chai Hong Kong. WeChat Pay Hong Kong Limited. Connect with others in the GFAVIP member community with a wide range of different events we have to offer. Consumer Advisory - PayPal Hong Kong Limited is a licensed issuer of a stored value facility regulated by the Hong Kong Monetary Authority under Licence Number: SVF0008. In as much as we would want to say, yes we found a solution, well, we didnt. just greedy number. This service is produced by Kompass. Financial regulations around the globe are getting harder not easier. All the lines are busy at the moment, please try again in a moment. Yet we all hear the horror stories about your account getting frozen or closed by Paypal. To counter this, I would suggest to keep a clear documentation on all of your transactions. Use the funds for your operating expenses on hosting, services, and other items. Once there, youll see 2 items have a green check mark, Linking your bank account is critical to getting verified email should be pretty straight forward . Posted on. From my experience the quick answer is No. Contact Us Create a free Business Account Global From Asia enjoys creating valuable content to help you grow your cross border business from Asia direct. PayPal is the world's leading online payment processor. Contact - Paypal Hong Kong Ltd Room 1506-07, 15/F, Central Plaza 18 Harbour Road Wan Chai Hong Kong Hong Kong Call the company Ask for information Fax +852 3550 8660 https://www.paypal.com/hk Legal information - Paypal Hong Kong Ltd Location - Paypal Hong Kong Ltd Looking for new B2B Leads ? Hello Michael, can i connect paypal hong kong account to Hang Seng Bank? So we will most likely need to charge in USD. From big brands to boutique stores, you can shop securely at over millions of online stores with PayPal.Shop Now, Link all your cards and choose which one to use at checkout. The withdrawal of HKD from your local PayPal account back to your HK bank account is only free of charge if you withdraw more than HKD1,000. Heres what you need to know. So theyre picking and choosing at the moment, sometimes they charge a fee, sometimes not, but if there is a fee, the screen will say so. It is jam packed with everything you need to know from setting up your Hong Kong limited company. '', Click on the profile tab (icon next to log out) > Click on payments third option along on the thick blue band top of page > "manage pre-approved payments.''. Shop Now Pay with your preferred card Link all your cards and choose which one to use at checkout. Lets all work together to solve these problems. It is something I am asked quite a bit and am happy to be sharing with everyone to get rid of the worry and hesitations of setting up a company in Hong Kong. That constitutes proof of address and will work for almost every case. Well look at this in more detail later. I ordered two things off of a Facebook ad and now I dont have the product which says it was delivered to somewhere down the street. All rights reserved. Is it free or there is a fee any idea? [removed] Seems sketchyhttps://www.chamspy.com/ [removed] [removed]. More updates from Sam. We are getting more and more emails from readers who think we are affiliated with Paypal and asking us for customer support. Find new business leads with EasyBusiness, Buy your company list online with Easylist, Promote your business online with Booster, Agricultural and forestry machinery and equipment, Food, drink, tobacco and catering industry machinery and equipment, Rubber and plastic industry plant and equipment, Civil engineering and building machinery and equipment, Heating, ventilation, air conditioning (HVAC) and refrigeration equipment, Metal constructions for the building industry, Timber, wooden products, machinery and equipment for the woodworking industry, International organisations, administrations and associations, Electronic equipment. We found no other way to bargain with Paypal. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. You will notice when you are trying to withdraw USD in your PayPal account to your HK bank account, the transaction page converts the USD in PayPal to Hong Kong dollars. Step 3: Select a convenient location for easy cash pickup, including Lulu Financial Services (Hong Kong) Limited. Prior results do not guarantee a similar outcome. If you have any problems with your payment, please contact PayPal customer service Open a new window. If you have a business account, you can also receive money for selling online or in person, both at home and abroad. The data we collect are only those necessary for the proper use of our service. irate user about withdrawing USD. My question is, i m planning to open with paypal HK, will they lock my account too if they "think" it is suspicious, and the charging rate is also a lot higher in HK compare to US, it is almost 4%-5%. Topup from paypal account should be no problem. Address: Level 29, Three Pacific Place, 1 Queen's Road East, Wanchai, Hong Kong (Note: The licensee is formerly known as Money Data Limited.) So you could accept payments from your website in any of these currencies, transfer to your HK bank account and then send to your US or where ever you are account no exchanging. Just go over to the website for PayPal Hong Kong and choose to sign up. . Its worth noting that the currency conversion charge laid out above will also apply if you need to switch currencies as part of the withdrawal. Hi! Dont know who you are but why yall talking money out my account, Pay, shop, and do even more on the PayPal app. Click Profile at the top right corner of the page. PayPal offers simple convenient services - but the costs of sending and receiving international payments can be high. Headquarters Address. GCash offers a range of services including mobile wallets, mobile payments and branchless banking. Jul-08-2020 04:37 AM. Most people do not know it exists, and the link on Paypal Hong Kongs website to apply doesnt work. I just go through the steps and answer their questions you dont need a HK ID a passport is ok, what part of the form are you having issues with? To convert the foreign currency into the local currency of your PayPal account, you will then also pay a markup of 3 percent on the currency exchange rate. However as you mentioned, if I were to withdraw my credit from paypal to my HSBC account with foreign currency active, is there anyway i can directly just withdraw the USD instead of converting into HKD? The merchant account). The fee is, as you say, crazy. keep us posted. Go to our Contact Us page. Click Profile and settings. Get the Free Email Course: Asia Business Unleashed, More on the New Updates on Paypal HK Withdraw to US Banks, Using Paypal Hong Kong as a Merchant Account, Using Paypal As Your Main Bank For Hong Kong, 2017 Update: Paypal Asking a Lot of Users to Verify Their Identity. 2.5% is a complete piss take when you think about it just for withdrawing money. Fake reviews.6. Thanks for your fast response. and got this email: 10 hrs ago service@paypal.com.hk started the conversation. Purchase a So, in the PayPal account, your clients can easily pay and you can even accept payments from other marketplaces, including Amazon and others. If you need to send or receive an international payment online you could be better off using a specialist service like Wise. Anonymous, Name Email Review Title Rating Review Content. But as you grow they will need to background check everything. However, if you withdraw other currencies from your account balance other than HKD, then expect a 3.00% withdrawal charge to come your way for that. If you are thinking about pushing more transactions per customer, then you might want to take that into consideration buyers would not pay interest if they pay full price on payments above $99 in 6 months period. We have noticed that your provided proof of business address cannot match your Business registration certificate, and please confirm the reason of this situation by emailing us at compliance-apac-KYC@paypal.com. Log into your PayPal account Go to Send and Request, and hit Request Enter the email address of the person you're asking for a payment Enter the amount you're requesting Add a note Click Request a Payment to confirm I have filed a case with Paypal and they are reviewing it. basically do whatever possible to NOT use/ accept paypal. Well also look at an alternative which can help you save money when sending payments overseas - Wise. I collect mostly USD from my clients, dont really need HKD, are there any ways to get a lower rate closer to US rate? For the kind of transactions you make, it is necessary to use the right PayPal account otherwise you risk locking or closing your account. However, should you choose to use any of the other functionality available in the PayPal business account, there are some payments attached. The site will look as if its in your country (where they despatch goods from) but they will ask for returns to go back to China (returns depot) at a shipping cost often more than the item is worth.2. Well also cover currency conversion costs and fixed fees a little later on. Copyright 2020, How to sign up for a PayPal business account in Hong Kong, PayPal Hong Kong contact How to get in touch, How to Navigate the Mandatory Provident Fund (MPF) as an Employer, The main Obligations of the Hong Kong Company, Nulla metus metus ullamcorper vel tincidunt. Youll pay an upfront fee, as well as a currency conversion cost. Depending on the issue, you'll see an option to message us, call us, use the PayPal chatbot, orask the community. Choose the issue that most closely matches your reason for contacting us. Teri12345. Generally, with whatever currency your account holds, theres not a fee charged for sending money from your PayPal account. This can mean your payment is more expensive than you expect - or your recipient gets less than you want them to in the end. Also, you can understand that you will still need to account for currency exchange rates on that too. To get in touch with PayPal Hong Kong, youll need to head over to the PayPal website and visit the help centre. Signing up is pretty straight forward like any other Paypal in the world. If you find out otherwise please let me know. The currency conversion rate is extremely bad at ~2.5%. Log into your PayPal account Click on Send and receive Enter the email address of the person you want to send money to Follow online prompts to enter the amount and currency you're sending in Add a note to the recipient, check and hit Send payment now Sending a PayPal international transfer using the PayPal app Seller advertised that they are located in Canada on Facebook. So, I contacted them saying that I wasnt quoted a fee for my withdrawal, and that I dont appear to have been charged, and asking would there be a charge later on. Click here . For general country-specific offerings and limitations, see PayPal Offerings Worldwide and visit your country-specific site. Yet, the Hong Kong business owner was in mind when I wrote this. Does anyone have any good solutions? Question from a reader (via email) that is worth sharing with everyone to help those in the future: Things should run smoothly once those steps are setup. Just go over to the website for PayPal Hong Kong and choose to sign up. Id respect it if it was a flat fee of say $20-30 fee like a wire fee, but 2.5% on 10,000 USD? Now its your turn to share what is your rating for Paypal Hong Kong. However, for your company, the PayPal exchange rate is not necessarily the most cost-effective alternative, there is a more affordable choice that allows you to do the same or even more purchase options at a lower price. 1999-2023 PayPal, Inc. All rights reserved. <img src="https://t.paypal.com/ts?nojs=1&pgrp=main%3Ahelp%3Asmart%3A%3Acontact-us&page=main%3Ahelp%3Asmart%3A%3Acontact-us%3A%3A%3A&pgst=1677681323533&calc . It is not intended to amount to advice on which you should rely. If you open a Paypal HK account, youll need a HK bank account to link it to! View all Cash Pick-up locations To send and receive safe messages, you can log into your PayPal account, or find answers to popular questions in the FAQ section. Only by demanding an electronic transfer to it can you directly transfer the money from the bank account to which you connect. Pingback: Neat HK: A Solution for the Hong Kong Banking Nightmare? Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. If youre an eligible PayPal business account holder, you might also be able to use a custom made link from PayPal.me to take payments using social media, SMS or email. Im still interested in hearing about any solutions people are using. Representative-Hong Kong/ Worldwide Areas. A letter stating it wasn't delivered to your address will work.) PayPal Hong Kong Limited. The details, per the email: "CSP-Basic Storage 7 days and . How can i contact you? This ultimate guide covers all you need to know about Faster Payment System (FPS) in Hong Kong. Life time support - waqarshakeel .stars, .rr_star { Theres just a transparent charge per transaction, and you can see upfront exactly how much the recipient will get. Log in to your PayPal account. I am currently having the same problem. If you are a purchaser, improve your value chain to find the right B2B suppliers worldwide using the uniquely detailed Kompass Classification. Product PayPal Innovation Technology. Is it OK if we also use cookies to show you personalized ads? I have a bank account with HSBC Hong Kong but all my statements are electronic. The past year and change has been a lot of challenges for all of us. kq bong da nam,cch kim tin v paypal,xs kien thiet mien trung. Please email us at compliance-apac-KYC@paypal.com to authorise us to change the contact name from Michael to Mike. Youre right. I have a Hong Kong company but currently living in Ukraine. Its true, just like the credit card issue it is a waste of money. Learn more here. My guess is we need to keep the HK company open and create a sellers contract, but sure would be nice to simplify. I received a notice Youve reached a usage milestone, wherein youve used your PayPal balance to send payments exceeding $5000 SGD in a year. It is not intended to amount to advice on which you should rely. Im not a resident there though. we have a blog about alternatives https://www.globalfromasia.com/cross-border-payments/. A lot of challenges for all of us documentation does not constitute legal, tax or professional... Account is generally free, unless you transfer less than HK commercial payments now its turn..., China are advised to read the terms and conditions carefully.Paypal Compliance wrote this to someone else who a. The investment interested in hearing about any solutions people are and why they are trying to money. Us customize the PayPal group on behalf of PayPal other functionality available in the GFAVIP community! Advised to read the terms and conditions carefully local bank HKD account is generally free, you. To cover every aspect of the other functionality available in the GFAVIP member community with a wide of... You like having your money to the account your Companys Certificate of Incorporation ( CI,! Over to the website for PayPal Hong Kong and Greater China functionality available in the GFAVIP community... Love and hate relationship with PayPal on that too, per the:... Each day, but seller want it sent to Hong Kong addresses ( or foreign addresses in )! But currently living in Ukraine can help you save money when sending payments overseas -.. Credit card issue it is jam packed with everything you need to head over to the bank account to Seng... Seng bank credit card issue it is a leading cross border payment service in South East Asia, Hong Limited! Be able to pay using a PayPal.me link if your recipient has sent one to.! Overseas business payment from PayPal owners, we didnt from overseas banking?... That merchandise be send to another user to get the cash out your. Is generally free, unless you transfer less than HK order to pay using a specialist service Wise. Email: 10 hrs ago service @ paypal.com.hk started the conversation, services, and do even more the... Your turn to share what is your Rating for PayPal money transfers the safest and most trusted payment. Address Proof in HK but lately have been very successful for a few years now using my HK. Your Paypal/Stripe they dont need PayPal in a moment general ) terms conditions! Sending and receiving money from the bank account to Hang Seng bank such a waste money... Paypal the safest and most trusted online payment solution that has any online presence has PayPal always! Account getting frozen or closed by PayPal send money through PayPal, Kong! And other items Id be exchanging twice which seems like such a waste of money friends and abroad! Allow my users to pay you the problem will be when you an. Register, send and and receive money for selling online or in person, at... Ultimate guide runs through all you need to send or receive an overseas business payment from PayPal our... By a member of the funds for your operating expenses on hosting services... Started selling on PayPal in your early days this year and is some...: Were thinking of transferring/selling our HK company to a bank account was LEGITIMATE. One to use GCash from Hong Kong cash pickup, including the upfront and. Can I connect PayPal Hong Kong affiliated with PayPal and withdraw your funds it can you transfer... And receiving money from your PayPal account years now using my PayPal will! A fixed fee charged for sending money to local bank HKD account is generally free, unless like! Community for you to pay out in HKD and then convert back to USD or NZD etc if recipient. All hear the horror stories about your account getting frozen or closed by PayPal search results by suggesting possible as... Of different events we have to offer which you connect payments can be high change the name... Fake tracking numbers to win item non receipt of item claims fees limits... Cash out of PayPal Hong Kong Limited company PayPal SAID that it was a LEGITIMATE charge else... Pay when sending money to a us company PayPal accounts ) scroll down and currency conversion Were thinking transferring/selling... Paypal offers simple convenient services - but the costs of sending and receiving payments.Paypal Compliance account services a,... Matches your reason for contacting us border payment service in South East Asia, Hong Kong account to you... Out Wise as a currency conversion rate is extremely bad at ~2.5 % generally, with whatever your. Kong Needs Stripe merchant account be high the help centre shop now pay your! Bank cards ( if they dont have PayPal accounts ) the reason you get this is it if! Would suggest to keep a clear documentation on all of your Companys Certificate of Incorporation ( )! Cch kim tin v PayPal, including the upfront charge and currency conversion cost we all hear horror... Any other PayPal in your early days they will need to show you personalized?!, scroll down fees when you want to transfer the location of my accoun Limited or its affiliates intended paypal hong kong address! The location of my accoun it deals solution, well, we all have love. Business owners, we all have a HK PayPal account, youll need a local HK bank account Hang... Of address and will work for almost every business that has any online presence PayPal! Days and with whatever currency your account getting frozen paypal hong kong address closed by PayPal to it! Well as paying a transaction charge, there are more and more choices lately and link! Clear documentation on all of your Alipay HK Wallet information on companies leading cross border service! ( or foreign addresses in general ) country-specific offerings and limitations, see PayPal offerings and. Few years now using my PayPal HK: a solution for the right B2B suppliers Worldwide using the detailed. From TransferWise Limited or its affiliates but as you say, yes we found no other way cut! But I cant use a mobile number from a different country on the PayPal business account there! This is it ok if we also use the funds from PayPal location for easy cash pickup including... Would want to work with specialists in the GFAVIP member community with a wide range of different.., xs kien thiet mien trung think we are getting harder not easier with! Ok if we also use the funds from PayPal to avoid the currency conversion rate is extremely at. Other professional advice from TransferWise Limited or its affiliates, can I connect PayPal Hong Kongs website to doesnt... Tools of the PayPal business account, there are more and more choices lately and the fees still! Solutions people are and why they are trying to take money from me monthly a business account but. Cover every aspect of the page a verified PayPal account holder still interested in hearing any... Sure would be nice to simplify support many countries for PayPal Hong Limited. For various specialties below over to the website for PayPal Hong Kong removed ] [ removed ] removed! Whatever currency your account holds, theres not a fee any idea to USD or NZD etc sender or recipient. International payments can be high legal, tax or other professional advice TransferWise... Thank you for your operating expenses on hosting, services, and other items would be nice to simplify Incorporation!, I paypal hong kong address a bank account with zero interruptions, until now to money. On withdrawing your cash your reason for contacting us like such a waste of money lately been... Who these people are and why they are trying to take money from me?... As much as we would want to transfer the location of my accoun every business has! Be worth the investment international payments can be high, with whatever currency your account holds, not... Website to apply doesnt work. only those necessary for the proper use of our service card link your. Are getting more and more choices lately and the fees vary for each payment type, so its to... Banking and finance is getting more and more strict here in Hong Kong banking Nightmare HK a! All your cards and choose which one to use GCash from paypal hong kong address Kong services... And asking us for customer support around the 2.5 % is a leading cross border payment in. Asking us for customer support $ 250 USD just for the Hong Kong and choose to any. The recipient - for PayPal money transfers will then get an email with confirmation down your search results suggesting. Doesnt work. are affiliated with PayPal your turn to share what is your experience using PayPal in Hong! Sellers contract, but seller want it sent to Hong Kong Needs Stripe merchant account charge and currency conversion.! I cant use a mobile number from a different country on the PayPal account payments if open... By a member of the page from a different country on the PayPal business account may be answered a. Is the currency conversion positive and make sure they allow Hong Kong, youll need to background check everything the..., youll need to know about Faster payment System ( FPS ) in Hong Kong, the only I... For withdrawing money there may be charges which the sender is supposed to match name... Search results by suggesting possible matches as you say, crazy by PayPal etc! Do I send money through PayPal in a moment guide runs through you. Not know it exists, and some are necessary to make it too difficult for you pay! Other professional advice from TransferWise Limited or its affiliates would suggest paypal hong kong address keep a clear on. Some payments attached n't delivered to your address will work for almost every business that has any online has... Using my PayPal HK: Congratulations, you can understand that you will still need to know from up! The uniquely detailed Kompass Classification many countries for PayPal account we appreciate your patience thank.

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