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Paypal now works with Irish bank accounts

  • 18-08-2004 11:04pm
    #1
    tomk
    Registered Users, Registered Users 2 Posts: 1,067 ✭✭✭


    Got this from them this evening:
    Transfer PayPal Funds Directly to Your Irish Bank Account

    Dear TomK,

    Now you can withdraw funds from your PayPal balance directly to your Irish bank account. Enjoy access to your PayPal funds without incurring high international bank transfer fees.

    Add your bank account

    Simply add an Irish bank account to your PayPal account, and you can transfer and withdraw as much of your PayPal funds as you'd like. Just make sure your bank account is denominated in Euro (EUR). You can still accept payments in U.S. Dollars and Pounds Sterling—PayPal will handle all the currency conversions to Euro for you.

    It's easy to transfer funds. Here's how:

    * Log in to your PayPal account at https://www.paypal.com


    * From your account page, click the Withdraw subtab


    * Select the "Transfer Funds to Your Bank Account" link


    The first time you do this you'll be directed to a page with instructions on adding an Irish bank account. When you've completed the process, your funds will appear in your bank account within 5-7 business days. After that, you may begin withdrawing funds from your Irish bank account.

    Avoid high bank transfer fees

    Your PayPal funds will be converted to Euro before they are deposited to your bank account, and each withdrawal only costs you €1.00 EUR. The exchange rate for the transaction will be displayed prior to making your withdrawal.

    With easier access to your funds, you can manage your business more efficiently than ever. Transfer funds to your Irish bank account today!

    Sincerely,

    PayPal


Comments

  • #2
    balkieb2002
    Registered Users, Registered Users 2 Posts: 1,839 ✭✭✭balkieb2002


    Wow thats great news. Will help a lot of people espec ordering off Jes.

    Just checked my email account and had same email but thanks for letting me know sooner :)


  • #3
    elivsvonchiaing
    Closed Accounts Posts: 1,575 ✭✭✭elivsvonchiaing


    Would love to know how close you get to the spot rate you get with USD and STG. Can't be within 2% methinks. Can't see more than maybe 5k of daily trade outta here - now. Who knows could grow. Anyone know the figures?


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