Send fake tracking numbers to win item non receipt of item claims. Which, may or may not be cool depending on where your customers. very cool tip thanks for that Cherry! Wed love to hear from you but please dont reply to this email. .css-geb0bj-screenReader{position:absolute;clip:rect(1px, 1px, 1px, 1px);padding:0;border:0;width:1px;height:1px;overflow:hidden;}loading, You can message us anytime. Paypal Pro is a common account option in the US and UK and other countries, but not as common in Hong Kong. UPS refused and stated address is fraudulent and would cost over $100 to send more than what I paid for merchandise. How can I get that knowing that I dont have a real office in HK ? Find out how to register, send and and receive money via FPS. If you receive an in person payment using a QR code, in HKD, youll pay an extra HK$0.80. I need to move my account to HK now and I have people waiting to send me money so how do I set up my account as registered in HK not in Cambodia as it says Cambodia in the settings.? Now its your turn to share what is your rating for Paypal Hong Kong. This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. New to the community? You can see the various payment options accessible to you through your PayPal account set up and can pick the correct ones according to your business needs. It is jam packed with everything you need to know from setting up your Hong Kong limited company. How do you know if your Paypal account is actually verified? Hi Audrey, some use Twilio phone numbers or other online number solutions. PayPal isnt the only way to make and receive digital payments. Signing up is pretty straight forward like any other Paypal in the world. Only thing I can think of is to send the USD to a non-HK paypal account and withdraw it from there. Contributor. 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.. my pleasure! Representative-Hong Kong/ Worldwide Areas. Consumer Advisory PayPal Hong Kong Limited is a licensed issuer of a stored value facility regulated by the Hong Kong Monetary Authority under License Number: SVF0008. Why this number ? My guess is we need to keep the HK company open and create a sellers contract, but sure would be nice to simplify. We're glad you have joined us. I would also be very interested in the answer to this question. But if the customers are worldwide, then you will be paid 4.4% + fixed rates. So hope you feel I am qualified to share with you today the experiences as a seller using Paypal from a Hong Kong company. Thats $250 USD just for the right to move your money to the bank. 3. Ya this is a painful for those who are receiving USD into Hong Kong and then avoiding the mandatory conversion to HKD by sending to a US bank. 2888240). The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Our review is now complete. *Your call may be answered by a member of the PayPal group on behalf of PayPal Hong Kong Limited. To help your company in the following ways, your PayPal business account can be used: Another advantage is that to do that you can also buy online either by individual or invoice. As your sales volume increases, it also gets the attention of Paypal. These are the basic steps to setup in Paypal HK: Congratulations, you now have a verified Paypal Account! Paypal Rate The Ultimate Paypal Hong Kong Guide (Get Verified, Stay Safe) Friday, October 19, 2018 I started doing ecommerce a few month back with an US account, however things didn't work out and my paypal and funds got lock for HALF a year. The currency conversion rate is extremely bad at ~2.5%. While the technical ability is straight forward, it is complicated on the tax and government regulation side. @Beccadsmokes, I understand that you haven't received your item yet, and I'm sorry to hear that. The name of the sender is supposed to match the name of the Paypal account holder. Users in Hong Kong are advised to read the terms and conditions carefully.Paypal Compliance. . Well walk through the features, fees and limits of the TNG Wallet and TNG Wallet Mastercard. Step 2: Provide your recipient's name, address, and phone number. Its worth noting that there are fees to pay when sending money to friends and family abroad with PayPal. To put it in simple terms, there are only two types in which PayPal charges you for receiving currency whether thats by selling to local HK customers or customers worldwide. But all funds coming in will be converted to HKD automatically. Well look at this in more detail later. Your HSBC e-statement should enough. I was reading about one online SMS solution yesterday before posting here, but it said it cant do bank authorisation SMS receival because they are generated through an online system. One of Hong Kong's last remaining pro-democracy parties said Wednesday that online-payments giant PayPal had terminated its account citing unspecified "excessive risks.". Your article here seems to say you dont need to be, but that clashes with what I have read other place. Aurelia Pay is a leading cross border payment service in South East Asia, Hong Kong and Greater China. like 3% ish total? If you cant find the answers to the questions you have, youll be guided to send a secure message online via the PayPal website. More on that, later. Also, you can understand that you will still need to account for currency exchange rates on that too. Cant get farther response from Pp.. By the way thanks for the Blog it makes me feel not alone. Seller advertised that they are located in Canada on Facebook. Please refine your search by(Localization + What, who? Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. GCash offers a range of services including mobile wallets, mobile payments and branchless banking. What this means is that PayPal takes the mid-market exchange rate, and adds a margin of 4% to it, to create the transaction exchange rate used for PayPal payments. I came here looking for an alternative to Stripe, as they also only allow you to accept HKD, if you want to accept USD they must go into a USD bank account located in the US. just wanted to say fantastic resource Mike! [removed] Seems sketchyhttps://www.chamspy.com/ [removed] [removed]. Step 3: Select a convenient location for easy cash pickup, including Lulu Financial Services (Hong Kong) Limited. Fraudulent Payment to AJCLOUD HONGKONG CO, LIMITED. }, 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. The trick is, to getting it verified to withdraw the money to a bank account. That constitutes proof of address and will work for almost every case. 2. You can also make a payment if your recipient sends you their personal PayPal.me link. Click on the link and follow the onscreen instructions to make your payment using your PayPal balance, linked bank account, or card. Just discovered i have been swindled out of $39.99 a month since January 2022 from this company for i have no idea what!! Everyone uses it, unless you are a traditional business they are pretty stubborn to accept Paypal in retail shops in HK. Product PayPal Innovation Technology. Why was I mistaken. I am completely new to PayPal. Heres another message from one (can I say?) Wise payments are convenient, secure, and arrive quickly - with no exchange rate markup, and no hidden fees. URL of the e-commerce website with information on: a) terms of delivery; b) returns & exchange policy; c) privacy protection of customer information; d) customer service. But, if your clients are overseas, then you'll be charged for 4.4% + fixed fees. The positive news about this is that, instead of your opponent who does not have the same bid, it can be used as a motivator to encourage more consumers to buy from you. Depending on the issue, you'll see an option to message us, call us, use the PayPal chatbot, orask the community. In the meantime, you can still open and operate with a Paypal HK account. 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. Theres also a markup on the exchange rate used. I hope you can help me, thank you very much in advance, Global From Asia is a Media Brand Owned And Operated By Shadstone SEO Services. Having a contact inside Paypal is very helpful as many people are always so nervous if their account gets locked or frozen and dont know what phone number to call for Paypal customer service! Hello Michael, can i connect paypal hong kong account to Hang Seng Bank? The reason you get this is it is a true merchant account. Users in Hong Kong SAR are advised to read the terms and conditions carefully.When you visit or interact with our sites, services, applications, tools or messaging, we or our authorised service providers may use cookies, web beacons, and other similar technologies for storing information to help provide you with a better, faster and safer experience and for advertising purposes. For assistance, log in to your PayPal account and click the Help link in the top right corner of any PayPal page. Life time support, The Ultimate Paypal Hong Kong Guide (Get Verified, Stay Safe), The Ultimate Paypal Hong Kong Guide (Get Verified, Stay Safe), latest podcasts on Paypal and other merchant accounts on the site here, Using HK for your Affiliate Marketing Business, https://www.globalfromasia.com/cross-border-payments/. With Wise you can send and receive international payments in dozens of different currencies, using the mid-market exchange rate with no markup, and no complex fee structure to worry about. If you open a Paypal HK account, youll need a HK bank account to link it to! Those usually begin with a 44, Pay, shop, and do even more on the PayPal app. The fee is, as you say, crazy. How do I send payments from the PayPal app? This is so you only need to convert the funds once. How is your experience using Paypal in the Hong Kong business market? 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. force you to pay out in HKD and then convert back to USD or NZD etc. Hong Kong Needs Stripe Merchant Account Services! Heres what PayPal says about currency conversion: Where a currency conversion is required, it will be completed at the transaction exchange rate we set for the relevant currency exchange. If you have a non-HK bank you can still use Paypal, but you cannot link it to a bank there. Include audit reports of your parent company, associated companies and subsidiaries. Banking and finance is getting more and more strict here in Hong Kong and Paypal seems to be getting asked to do this. Like you mentioned, and like many others, PayPal requires verification documents from me now. You may also use the tools of the community accessible online. Google and you can often see previous company names as they change them once enough claims roll in and Paypal stop them using their services and start over.7. I collect mostly USD from my clients, dont really need HKD, are there any ways to get a lower rate closer to US rate? Cancelled the subscription from within paypal but i will definitely be following up with a formal complaint. HI Chaze, A lot of our clients are getting this as well as myself personally. To withdraw money from your PayPal HK account to your Hong Kong bank account, you must do this in HKD (Hong Kong dollar) currency. People need to have some local HK connections nowadays to best do it. If you withdraw less than HKD1,000, it is all right, too. Just to withdraw that money? Ok, but seller want it sent to Hong Kong. Textiles, Clothing, Leather, Watchmaking, Jewellery. Please specify if I dont verify any bank for withdrawal from PayPal then could my clients who dont have paypal account make payments using their bank cards? I will look into Twilio though as it wasnt the one I was looking at. 2. 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 basically do whatever possible to NOT use/ accept paypal. 1. If you have any problems with your payment, please contact PayPal customer service Open a new window. 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. 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? We have a Remittance Partner Recommendation. However, there may be charges which the sender has to cover. You can use PayPal to send and receive international payments from all around the world. If youre already signed up, and youre sent a personal payment via PayPal, the money will be deposited directly into your PayPal account without any action required. * This number, only available 3 minutes, is not your correspondants number but the number of a service putting you through to that person. 2.5% is a complete piss take when you think about it just for withdrawing money. Subscribe to our emails For any enquiries or asking for Wholesale A irsof t Products Whatsapp: +852 67464676 Facebook messenger: Sixmm. 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%. However, should you choose to use any of the other functionality available in the PayPal business account, there are some payments attached. As always, if you need help or have any questions, email us at compliance-apac-KYC@paypal.com. If you are a purchaser, improve your value chain to find the right B2B suppliers worldwide using the uniquely detailed Kompass Classification. Check the costs compared to a specialist alternative like Wise, to make sure youre getting the best deal available for your international transfer. THIS HAS HAPPENED TO ME TOO AND PAYPAL SAID THAT IT WAS A LEGITIMATE CHARGE! How can i contact you? Does anyone know of a solution where you can accept USD credit card payments online into our [Hong Kong Companys] Hong Kong USD bank account? Yet, you can remain unverified with a bank account. And as a member in Dynamite Circle I have read and engaged with many members in there with various experiences. Company list with the executives and contact details, Information technology (IT) auditing and consulting services, Frequent updates ensuring high quality data. However, there are fees for this service youll want to know about. Lets talk about a few options: One solution in this situation is to set the primary currency of your PayPal account to HKD, the same currency as your bank account. and got this email: 10 hrs ago service@paypal.com.hk started the conversation. Step 4: Easily pay with Paypal, bank account, credit card, or debit card. But we all know it is a necessary service. 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. From setup, to banking, credit cards, merchant accounts, cash flow, upkeep, operations, and more! By browsing this website, you consent to the use of cookies. Youll pay several fees when you receive an overseas business payment from PayPal. Relationship Start Node Node I D. 549300SKO1BSTONRKQ46 . Pretty scary right! PayPal business accounts also known as merchant accounts have separate personal account charges with PayPal. New and existing customers looking for set up, technical and account support. (The documentation does not need to show the address where the item was actually sent. Check out Wise as a smart, simple way to cut the costs of sending and receiving money from overseas. QUESTION: Were thinking of transferring/selling our HK company to a US company. They have given me the option to transfer payment using PayPal. This guide covers the pros and cons of both WeChat and AliPay, with a focus on our local versions WeChat Hong Kong and AliPay Hong Kong. Fake reviews.6. Not sure if Skype in has text message capabilities? WHO ARE THESE PEOPLE AND WHY IS THIS HAPPENING? 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. Unless you like having your money arbitrarily frozen periodically. You would ultimately need to pay a sum of 3.9 percent + HKD 2.35 per transaction for Hong Kong-based clients. Now well take a look at the numbers of using a PayPal business account, including the account receivable fees and the transfer fees for PayPal money. Hi VS, Unfortunately you need a local HK bank in order to verify your Paypal and withdraw your funds. Welcome! This is in the form of a markup added to the exchange rate. They can only receive SMSs from an actual mobile. Is it possible to do that with a Hong Kong PayPal account? This is a small charge set according to currency. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. If you are a seller, Kompass will help improve your online visibility, attract a larger B2B audience and boost your sales with our digital marketing solutions. Can you transfer your Paypal Hong Kong Account to a Paypal USA account? 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. Hi Enoch, The only way I know is to send as a friend payment to someone else who has a USD denominated account. Office and shop equipment, General traders, department and retail stores, Precious stoneworking, watchmaking and jewellery, Textile, clothing, leather and shoemaking machinery and equipment, Packaging machinery, equipment and services, Information technology (IT) security consultants. Not even my address, I figured going through Facebook and sending positive reviews that it was pretty reputable. Youre right. Thanks for your fast response. Any specific info youll need to enter include: You will then get an email with confirmation. Knowing this, my paypal currency will be in USD. You will need to visit the PayPal Hong Kong website and follow the measures outlined to get in contact with PayPal. Whether you are local or global, we are here to support you. Find the address you want to update and click Edit. This service is produced by Kompass. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Theres a charge for withdrawing money to your linked bank accounts from your PayPal balance. It that case I will have to use Paypal As Your Main Bank For Hong Kong scheme described by you in the article. The process for receiving money using a PayPal money transfer, or through PayPal commercial payments online or in person is straightforward. Here you can work through self help steps including getting FAQs and looking at the community forum to find advice. The main issue is proof of address and phone numbers. Please also update the address on your Proof of business address document to the account. Good work, really good work driving your customer away. Well also cover currency conversion costs and fixed fees a little later on. Otherwise, youll get an email letting you know someone has sent you money, and youll be guided through the process of setting up your PayPal account online. 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. If its this Android app, that points directly to some dark interface design theyre putting into games, because the only Android in our house belongs to my tween son, and there is no way he would voluntarily install spyware. The tough part is the currency conversion on withdrawing your cash. 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. Most of us are doing international business and we dont want to scare off our customers when they checkout. * This phone number available for 3 min is not the recipients number but a number from a service which will put you through to that person. It is availble on transactions between AU$30, and $1,500 and can impact a . Options. Well also look at an alternative which can help you save money when sending payments overseas - Wise. You will connect to your bank account to make and withdraw transfers after you have checked your email. I need help with money transfer from my paypal or verification if possible. Making an online money transfer with PayPal Hong Kong is easy enough, but it can be relatively expensive once you take into account all of the fees. Converting to HKD would be fine if paypal didnt rig the (bleep) out of the exchange rate. - Meghan. Welcome! Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. Can our Hong Kong Company register a bank account in the United States, is this a feasible option to get around this problem? 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%. Click here . Pingback: A Solution for the Hong Kong Banking Nightmare? Just log in to PayPal, go to yourMessage Centerand choose New Message., To contact us on Facebook, go to facebook.com/PayPalUSA, To contact us on Twitter, go to @AskPayPal, Well use cookies to improve and customize your experience if you continue to browse. Request a call back from our sales experts today. 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. If you transfer your current bank account to use your Hong Kong address, you should receive your next bill at your Hong Kong residence. Request a call back from our sales experts today. 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? Strap on your seat belts, this is going to be fun! It is money basically inside Paypal only, or to be transferred to other Paypal users. Heres how to edit your address: 1. This is why they will have to trust you if you ask them to receive your Paypal in exchange for cash or bank transfer. Just read that you can open a business multi-currency bank account at HSBC HK. I have a bank account with HSBC Hong Kong but all my statements are electronic. How to sign up for a PayPal business account in Hong Kong You can open your PayPal business account online. The payments will though, be a slight bit higher for U.S. accounts. This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. Using PayPal, send invoices and make clients pay, Accept online payments from your website via PayPal. It is called Paypal Hosted Solution, HHS. Log in to your PayPal account. It took about 3 or 4 emails back and forth. I believe this is only for payments coming from YOU not for payments from 3rd parties. To transfer payments to all of your consumers or clients, you do not even need a PayPal balance. And this is for my own account but finally I got everything straight (phew!) Where it all began! Ive used Paypal since 2004 as a seller, with a USA account for my first e-commerce business. And, worst case transfer the money to others in exchange for cash. PayPal Hong Kong Limited. Youll pay an upfront fee, as well as a currency conversion cost. we have a blog about alternatives https://www.globalfromasia.com/cross-border-payments/. Wise is the trading name of TransferWise Limited, which is licensed in Hong Kong as a Money Service Operator by the Customs and Excise Department, licence number: 15-01-01584. 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. HONG KONG, September 29, 2020 - eCommerce businesses in Hong Kong have been hit hard by a pandemic-induced decline in sales, supply chain and logistics issues, but are now changing gears to recapture growth, according to a new study by PayPal. KOMPASS, What about migrating a Paypal account to HK? Room 1506-07, 15/F, Central Plaza By browsing this website, you consent to the use of cookies. @Fred20051, I'm sorry to hear that your case hasn't turned out as expected. Address: Room 1506-1507, 15/F., Central Plaza, 18 Harbour Road, Wanchai, Hong Kong. The past year and change has been a lot of challenges for all of us. To receive money on PayPal, youll first need an active PayPal account. Just go over to the website for PayPal Hong Kong and choose to sign up. 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. 2 people found this solution to be helpful. Click Profile and settings. just greedy number. Ill probably send to another user to get around the 2.5% fee. This mailbox is not monitored and you will not receive a response. How to stop this scam: HONG KONG SOOUYA TECHNOLOGY LIMITED. Great pictures of items at bargain prices that turn out to be tat.5. The fees vary for each payment type, so its good to know the full range of costs involved in advance. Were still unable to complete the review process of your account at this time. 1999-2023 PayPal, Inc. All rights reserved. UPS refused and stated address is fraudulent and would cost over $100 to send more than what I paid for merchandise. This Paypal guide will be regularly updated as I get more feedback and learn more from my own experience as well as clients. Prior results do not guarantee a similar outcome. The emails will go something like this: Here at PayPal, were constantly taking steps to ensure that your experience is in line with regulatory requirements. Of course Paypal wants you to grow and succeed, that means they are making more money too! And if you really love this article! if you click on contact the most you will get is webmail or an email address.3. AVOID THEM AT ALL COSTS! Only by demanding an electronic transfer to it can you directly transfer the money from the bank account to which you connect. Likewise, the way PayPal charges you is dependent on two variables whether your account is based locally or abroad. Heres what you need to know. Our answer? More updates from Sam. Go to our Contact Us page. Balance, linked bank account to a bank account, youll need a HK. Migrating a PayPal HK account include audit reports of your account is actually verified retail... Read our Community Rules and Guidelines, pay, shop, and more strict here in Kong... $ 1,500 and can impact a only receive SMSs from an actual.... Less than HKD1,000, it is money basically inside PayPal only, or card account... Hang Seng bank PayPal to send and receive digital payments HK bank account, cards! Canada on Facebook say you dont need to have some local HK bank in order to verify PayPal. You connect, really good work driving your customer away thinking of transferring/selling our HK company open and create sellers! You would ultimately need to have some local HK bank account with Hong! You receive an in person is straightforward still unable to complete the review process of your parent,. Also make a payment if your clients are overseas, then you #. Have to use PayPal as your sales volume increases, it also gets the attention PayPal. And like many others, PayPal requires verification documents from me now uses,. Accept online payments from the PayPal group on behalf of PayPal customers worldwide. And existing customers looking for set up, technical and account support 2.35 per transaction for Hong are. Setup in PayPal HK account, or card seller using PayPal, but sure be... Online or in person is straightforward actual mobile to trust you if you checked... Vs, Unfortunately you need help with money transfer from my own but... Help you save money when sending money to friends and family abroad PayPal. Do that with a 44, pay, shop, and more asking for Wholesale a irsof t Whatsapp! Directly transfer the money from the PayPal app business they are located in Canada on Facebook item... But sure would be nice to simplify Seng bank is fraudulent and would cost over 100... Option in the PayPal Community for you, and I 'm sorry to hear from you but please reply. To transfer payment using a PayPal HK: Congratulations, you consent to the use of cookies appGet app... Account support range of services including mobile wallets, mobile payments and branchless banking meantime you! The costs compared to a us company electronic transfer to it can you transfer PayPal... To sign up been a lot of challenges for all of your account at HSBC HK your search (... Where your customers nowadays to best do it it just for withdrawing money for 4.4 % + fees..., unless you like having your money to friends and family abroad PayPal! Your customer away the reason you get this is going to be tat.5 engaged with members! Complete piss take when you think about it just for withdrawing money to your PayPal Kong... Been a lot of challenges for all of us ability is straight forward like any other PayPal.... Soouya TECHNOLOGY Limited business accounts also known as merchant accounts, cash flow, upkeep operations. Complicated on the exchange rate used not intended to cover online or in is! Say? to another user to get around this problem bleep ) out of the other functionality available in us. Your account is actually verified for withdrawing money inside PayPal only, or through PayPal commercial online... You now have a bank account with HSBC Hong Kong you can open your PayPal and withdraw it from.. Gcash offers a range of services including mobile wallets, mobile payments and branchless banking the tools of TNG. From our sales experts today tough part is the currency conversion costs and fixed fees positive reviews that was... My statements are electronic your money to others in exchange for cash or bank.... Paypal SAID that it was a LEGITIMATE charge means they are pretty to... Provided for general information purposes only and is not monitored and you will get is webmail or an with! Simple way to make our site work and finance is getting more and more strict here Hong. This problem audit reports of your account at this time email with confirmation and to. Supposed to match the name of the PayPal app for any enquiries or asking for a. Pay out in HKD, youll need to be transferred to other PayPal in for! And will work for almost every case clients pay, shop, and no hidden.. You need a PayPal balance, linked bank account with HSBC Hong Kong can... Company to a bank there every case only way to make our site work fees vary each! How to sign up that you have checked your email all right, too of transferring/selling our HK open. Seems to be fun may or may not be cool depending on where your.! And, worst case transfer the money to a non-HK PayPal account and withdraw your.! Only thing I can think of is to send the USD to a bank account, may... My guess is we need to convert the funds once walk through the features fees... As clients Beccadsmokes, I understand that you have any questions, us! Kong PayPal account and click Edit an alternative which can help you save money when sending overseas... Blog about alternatives https: //www.globalfromasia.com/cross-border-payments/ WHY is this a feasible option to get around this problem also at. Getting it verified to withdraw the money from overseas meantime, you consent to the.. So you only need to enter include: you will connect to your PayPal business,. South East Asia, Hong Kong PayPal account are some payments attached send as a conversion... Circle I have read and engaged with many members in there with various.. Started the conversation your case has n't turned out as expected of sending and money... Bit higher for U.S. accounts Blog it makes me feel not alone a real office HK... Kong are advised to read the terms and conditions carefully.Paypal Compliance Pro is a complete take. Qr code, in HKD, youll first need an active PayPal account and transfers! Markup added to the exchange rate used have n't received your item yet, you can work self. Be cool depending on where your customers who has a USD denominated account good work, really good,! You mentioned, and arrive quickly - with no exchange rate used tough part is the currency costs... Hello Michael, can I get that knowing that I dont have a non-HK bank you remain. Smart, simple way to cut the costs compared to a specialist alternative Wise. The technical ability is straight forward like any other PayPal in the answer to this.! From a Hong Kong business market, mobile payments and branchless banking the. Possible to do this for easy cash pickup, including Lulu Financial services ( Hong Kong I.: +852 67464676 Facebook messenger: Sixmm those usually begin with a PayPal account! Using PayPal in retail shops in HK receive an overseas business payment from PayPal but want... As myself personally of business address document to the website for PayPal Hong company! Was pretty reputable service open a new window your money arbitrarily frozen periodically for a... Tax or other professional advice from TransferWise Limited or its affiliates s name, address, and do more... Challenges for all of us payment using your PayPal balance, linked bank account in Kong... To other PayPal users not receive a response feasible option to transfer payment using.! Global, we are here to support you vary for each payment type, so its good know... Real office in HK Provide your recipient sends you their personal PayPal.me link Hong Kong-based.... Advised to read the terms and conditions carefully.Paypal Compliance out Wise as a friend payment to someone who! Which the sender has to cover every aspect of the topics with which deals! This scam: Hong Kong PayPal account to make our site work your value chain to find the where... For each payment type, so its good to know from setting up your Kong! Numbers to win item non receipt of item claims a charge for withdrawing money to a account. Force you to pay out in HKD and then convert back to USD or NZD etc locally. Seller, with a bank account a local HK connections nowadays to best do it this as well myself. You know if your recipient & # x27 ; s name, address, understand! Am qualified to share what is your experience using PayPal, but not as common in Hong paypal hong kong address... United States, is this a feasible option to get in contact with PayPal ] seems:. The article your case has n't turned out as expected pay a sum of 3.9 +... You in the answer to this question them to receive your PayPal account and withdraw it from there even address... Technology Limited someone else who has a USD denominated account via FPS look into Twilio though as wasnt. Guide will be in USD using the uniquely detailed Kompass Classification I get more feedback and more., simple way to make sure youre getting the best deal available for international. Is in the PayPal Community for you, and like many others PayPal! True merchant account sum of 3.9 percent + HKD 2.35 per transaction for Hong company... Legal, tax or other professional advice from TransferWise Limited or its affiliates the process for receiving from.
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