With 61% of survey respondents expecting a recovery by the end of the year, 86% are already seeking to capitalize on the opportunity by improving . The payments will though, be a slight bit higher for U.S. accounts. *Your call may be answered by a member of the PayPal group on behalf of PayPal Hong Kong Limited. There will only be a nominal fee of HKD3.5 to pay for your bill. Even if you use other digital wallets, almost 45% of the consumers would not be able to complete the payment. And if you really love this article! Chinese Web Sites or on Social Media ads easy to spot (once you know the below signs) so buyer beware.1. Check the costs compared to a specialist alternative like Wise, to make sure youre getting the best deal available for your international transfer. Its worth noting that there may be fees to pay - either by the sender or the recipient - for PayPal money transfers. Contact Us Create a free Business Account Around 200 million people have a PayPal account. PayPal Hong Kong Limited is a licensed issuer of a stored value facility regulated by the Hong Kong Monetary Authority under the License Number: SVF0008. This guide is useful for a Paypal international account anywhere in the world, not just in HK. 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. These charges apply to personal and commercial PayPal accounts, and are applied whenever currency conversion happens, including when you withdraw funds to your own bank account or switch currencies within your PayPal account. Check out Wise as a smart, simple way to cut the costs of sending and receiving money from overseas. The form requires me to have me to identify my address as well an Id card with signature. any suggestions would be appreciated. Each country for Paypal operates in that countrys main currency. Lets all work together to solve these problems. Copy of your Companys Certificate of Incorporation (CI), Proof of address of your Company (e.g. I am completely new to PayPal. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Paypal Pro is a common account option in the US and UK and other countries, but not as common in Hong Kong. More updates from Sam. 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 . 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. 2888240). If youre still having difficulties using your PayPal account, log in to your account and visit the Resolution Centre to find out more. Today well talk about using Paypal in Hong Kong. hi Simon, Yes, HK banks have multi-currency which is great the issue is Paypal FORCES you to withdraw to a HK bank in HKD so you need to convert it even if the HK bank is multi-currency. Anonymous, Name Email Review Title Rating Review Content. Ive used Paypal since 2004 as a seller, with a USA account for my first e-commerce business. Our review is complete and we have returned your account to regular standing. very cool tip thanks for that Cherry! @Fred20051, I'm sorry to hear that your case hasn't turned out as expected. Over 80% of surveyed SMBs embrace digital to grow cross-border selling. 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. However, should you choose to use any of the other functionality available in the PayPal business account, there are some payments attached. So in 2017 a ton of our clients and many readers of this blog have gotten tons of emails and account holds on Paypal to re-verify their account. It is money basically inside Paypal only, or to be transferred to other Paypal users. Reference to dispute PP suggest I send the merchandise back to get my refund. So hope you feel I am qualified to share with you today the experiences as a seller using Paypal from a Hong Kong company. Now I think the options really are to send the money to another user (for a fee) or converting to HKD and sending to your Hong Kong bank. Click Update beside Address. Enter your address information and click Save. By continuing to use our services beginning May 25, 2018, you acknowledge and agree to our updated Privacy Policy and Cookies Policy. By browsing this website, you consent to the use of cookies. Dec-07-2022 07:31 PM. You may be able to save money if you choose a provider which offers the mid-market exchange rate, with simple transparent charges, like Wise. But, like all financial institutions, they need to ensure that they are following KYC (Know Your Customer) procedures. This ultimate guide covers all you need to know about Faster Payment System (FPS) in Hong Kong. But one thing you can take care of is that when you submit a personal/commercial transfer that also includes currency exchange, a markup of 4 percent would be paid from you for the retail exchange rate. It is in another name! PayPal Hong Kong allows you to pay for your international transfer using your PayPal balance, credit or debit card, or by topping up your PayPal account with your linked bank account. However, there are charges for some payment types, including costs for receiving business payments, and the PayPal international money transfer fee which applies to cross currency payments of all types. As always, if you need help or have any questions, email us at compliance-apac-KYC@paypal.com. 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. 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 ? For all budgets and expectations, we work hard to give you the ultimate experience for growing your business network and knowledge. Our Store Open Hours ( HKT, GMT +08:00)- Local Sales : Monday~Friday From 1:00pm~7:00pm [Please Contact us by Phone / Whatsapp / website inbox, If you need to order and Pay in Shop. keep us posted. Just read that you can open a business multi-currency bank account at HSBC HK. 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. Shopping online has never been this easy. I believe the same holds true for a bank account, you need to close one account and reapply / reopen the bank account in the new country. Well also cover currency conversion costs and fixed fees a little later on. Thank you so much Michael, that helps. You would ultimately need to pay a sum of 3.9 percent + HKD 2.35 per transaction for Hong Kong-based clients. 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. If you find out otherwise please let me know. We have a Remittance Partner Recommendation. 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. Theres also a markup on the exchange rate used. Support can be reached by clicking 'Contact' at the bottom of any PayPal page or sending a DM to @AskPayPal on Twitter or a PM to facebook.com/PayPal. I recommend contacting Customer Support to see if any other options are available for your case. Visa, Mastercard, American Express and Discover cards are all accepted by PayPal - but its worth knowing that funding your payment in part or full with a card can mean higher fees. 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. We appreciate your patience and thank you for making PayPal the better choice for sending and receiving payments.Paypal Compliance. This mailbox is not monitored and you will not receive a response. Note: If you are signing up overseas (Outside of Hong Kong) You may want to put in the Hong Kong TLD extension, or click this link for Paypal Hong Kong. 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. 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? I have a HK PayPal account, but I cant use a mobile number from a different country on the account. If you receive an in person payment using a QR code, in HKD, youll pay an extra HK$0.80. But, youre not alone. Were still unable to complete the review process of your account at this time. Simply head over to the PayPal Hong Kong website, and click to sign up. But we all know it is a necessary service. It is linked to Hang Seng Bank Hong Kong..all in HKD. Purchase a Of course, based on whatever currency you are relying on the fixed fees are different. This includes entering your bank account details and confirming 2 minor test transfers received by PayPal into your account by testing them. 2 people found this solution to be helpful. Explore PayPal for Business Speak to a Expert Find out more about PayPal for Business by calling our sales team, +852-3550-8584 Monday-Fridays from 9:00AM to 6:00PM * Request a callback Prefer us to call you? If it's this Android app, that points directly to some dark interface design they're . Your HSBC e-statement should enough. The reason you get this is it is a true merchant account. We're glad you have joined us. In the meantime, you can still open and operate with a Paypal HK account. 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 information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Thanks in advance. Is this your business? Please email us at compliance-apac-KYC@paypal.com to authorise us to change the contact name from Michael to Mike. As we know, getting a bank account in Hong Kong has been troublesome. Thank you for your understanding and support. This service is $30 USD per month fixed cost in addition to the processing rates. 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%. Keeping your personal and financial information safe is vital to us and we wont share it with anyone else. 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%. 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. Banking and finance is getting more and more strict here in Hong Kong and Paypal seems to be getting asked to do this. Thanks in advance. Everyone uses it, unless you are a traditional business they are pretty stubborn to accept Paypal in retail shops in HK. Looking for PayPal Business Solutions? Click Profile and settings. 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. Rarely company address information.4. From my experience the quick answer is No. There is now no penalty for setting up the PayPal business account, or recurring payments, or anything like that for the great thing with PayPal business accounts (a.k.a. This ultimate guide covers all you need to know about Faster Payment System (FPS) in Hong Kong. Just to withdraw that money? 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. basically do whatever possible to NOT use/ accept paypal. Wan Chai Hong Kong. Youll be able to receive domestic or international payments from friends and family using a personal account. Connect with others in the GFAVIP member community with a wide range of different events we have to offer. Normally one would have to specify my email id with paypal but the banks do not have such a provision they need an account nbr and presumably Paypal Hong Kong does not allocate an account nbr to my HKG paypal account how does it workany ideas? 04/11/2016. Send fake tracking numbers to win item non receipt of item claims. Cant get farther response from Pp.. Another solution is try to not withdraw any. Shop Now Pay with your preferred card Link all your cards and choose which one to use at checkout. Cancelled the subscription from within paypal but i will definitely be following up with a formal complaint. If you are a purchaser, improve your value chain to find the right B2B suppliers worldwide using the uniquely detailed Kompass Classification. 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. 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! This Paypal guide will be regularly updated as I get more feedback and learn more from my own experience as well as clients. To help you find the best possible way to make your international payment, weve compared PayPals rates and fees with an alternative provider - Wise. like 3% ish total? 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. Sources last checked on 11-September 2020. 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. 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. Further to these requirements, we need to collect additional information from you. No return address on the returns policy. Just discovered i have been swindled out of $39.99 a month since January 2022 from this company for i have no idea what!! Currency: HKD Bank Code: 055 Beneficiary Account Nbr: 757-81718071. now my question is how does paypal identify that the amount is for my account. Great pictures of items at bargain prices that turn out to be tat.5. It could be that the error is shown only at some times, or that the error is not shown all of the required times. How easy it is to withdraw funds transferred into PayPal? AVOID THEM AT ALL COSTS! Also, you can understand that you will still need to account for currency exchange rates on that too. The data we collect are only those necessary for the proper use of our service. Prior results do not guarantee a similar outcome. 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? If the information youre shown doesn't answer your question, scroll down. 1999-2023 PayPal, Inc. All rights reserved. Consumer Advisory - PayPal Hong Kong SAR, China Limited is a licensed issuer of a stored value facility regulated by the Hong Kong SAR, China Monetary Authority under Licence NumBer: SVF0008. A letter stating it wasn't delivered to your address will work.) Wise payments are convenient, secure, and arrive quickly - with no exchange rate markup, and no hidden fees. The best way I have found to confirm you are verified is to click on the business set-up button on the top right drop down (as shown in the screenshot above). However if a friend wants to make a payment to my Hong Kong paypal account form a bank that I dont normaly use, he would use the following details in his transfer details: Beneficiary Name; Paypal Pte Ltd Beneficiary Bank Name: Bank of America N.A. Whats my experience with Paypal? 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. The level of verification you get through this process, is it ok to handle roughly 5 to 10k per month on it? 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? This guide walks through how to use GCash from Hong Kong. Not sure if Skype in has text message capabilities? This guide walks through the costs of making an online money transfer with PayPal, including the upfront charge and currency conversion fee. Here you can work through self help steps including getting FAQs and looking at the community forum to find advice. I am temping for a company based in UK for an ad-hoc job. Why this number ? KOMPASS, But I have talked to Paypal about this many times they dont seem to want to budge. Using Paypal Hong Kong as a Merchant Account Paypal Pro is a common account option in the US and UK and other countries, but not as common in Hong Kong. Find out how to register, send and and receive money via FPS. Just after i have successfully requested a deposit from customer, paypal sent me an email telling me they will "reserve" the fund collected pending internal review. So, I hope this article on Paypal can help you! Step 4: Easily pay with Paypal, bank account, credit card, or debit card. And, worst case transfer the money to others in exchange for cash. 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. As well as paying a transaction charge, there is a fixed fee charged for receiving most commercial payments. I collect mostly USD from my clients, dont really need HKD, are there any ways to get a lower rate closer to US rate? Introducing Neat - Online HK Business Banking & Connect Your Paypal/Stripe. If you transfer your current bank account to use your Hong Kong address, you should receive your next bill at your Hong Kong residence. How is your experience using Paypal in the Hong Kong business market? Only by demanding an electronic transfer to it can you directly transfer the money from the bank account to which you connect. hi Jan, I dont think that Paypal exactly tells people how much you can do with various levels of verification but I would say it is fine for 5k to 10k a month. Interested in the TNG Wallet Hong Kong? View all Cash Pick-up locations Youll first be guided through these to try to find the answers to your questions independently. 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, the costs can be relatively high for international and commercial transactions. Prefer us to call you? It is not intended to amount to advice on which you should rely. Theres a charge for withdrawing money to your linked bank accounts from your PayPal balance. Well walk through the features, fees and limits of the TNG Wallet and TNG Wallet Mastercard. The tough part is the currency conversion on withdrawing your cash. Can we continue to operate a HK PP account from a US company, or do we need to keep the HK company open? How do I send payments from the PayPal app? (as we were incorporated and pay for a secretary with startitup in hk).Its not like I pay electricity monthly for a virtual office All ideas and suggestions are welcome! Those usually begin with a 44, Pay, shop, and do even more on the PayPal app. PayPal - How do I send payments from the PayPal app? Seller advertised that they are located in Canada on Facebook. Any thoughts Id love to hear them!From Dan. Click here . USPS also informed me that there are certain tracking numbers they use that are automatically flagged as suspicious or fraudulent. 15th Floor Central Plaza 18 Harbour Road Rooms 1506-07 Wan Chai HK. While you cant connect it to the European bank, we have some resources who can manually collect for you and wire it over. Converting to HKD would be fine if paypal didnt rig the (bleep) out of the exchange rate. Its painful I know.. anyone overcome this crazy conversion rates? New and existing customers looking for set up, technical and account support. Dont know who you are but why yall talking money out my account, Pay, shop, and do even more on the PayPal app. My guess is we need to keep the HK company open and create a sellers contract, but sure would be nice to simplify. The name of the sender is supposed to match the name of the Paypal account holder. It took about 3 or 4 emails back and forth. If you need to request a payment from someone, you have a couple of different options. Shopping online has never been this easy. Address: Room 1506-1507, 15/F., Central Plaza, 18 Harbour Road, Wanchai, Hong Kong. The first option I guess is that I can accept paypal payments made from B2B clients which have their own paypal accounts. It is not intended to amount to advice on which you should rely. 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.. Another Option To Send Transfers Within Asia. 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. I received a notice Youve reached a usage milestone, wherein youve used your PayPal balance to send payments exceeding $5000 SGD in a year. Any specific info youll need to enter include: You will then get an email with confirmation. Headquarters Address. Company list with the executives and contact details, Information technology (IT) auditing and consulting services, Frequent updates ensuring high quality data. Hi VS, Unfortunately you need a local HK bank in order to verify your Paypal and withdraw your funds. Since they're. RD Wallet Technologies Limited. Also, I have an extensive guide and listing of Hong Kong Merchant Accounts and I try to update it regularly. Just discovered i have been swindled out of $39.99 a month since January 2022 from this company for i have no idea what!! Thanks for completing your identity confirmation. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. Does anyone have any good solutions? Apr-18-2022 12:11 AM. 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/. Contact PayPal for answers to all of your online payment questions or to sign up for our services! Also through my podcast and this blog, I have connected with even more people having various experiences themselves using Paypal. The currency conversion rate is extremely bad at ~2.5%. Hi, I started an eCommerce company in Hong Kong and am sorting out the bank stuff now. What kind of customer support do PayPal Cashback Mastercard and PayPal Smart Connect provide? People need to have some local HK connections nowadays to best do it. Fraudulent- Hong Kong. You may also use the tools of the community accessible online. Where it all began! I hope everyone has a wonderful weekend! I am currently having the same problem. 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. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. 2. kq bong da nam,We are a leading research university driving discoveries to address global challenges, educating the next generation of leaders and partnering with communities to create healthier, more sustainable futures for Michigan and the world. From setup, to banking, credit cards, merchant accounts, cash flow, upkeep, operations, and more! 5. If you dont see what youre looking for, you can then send a secure message online to the PayPal team using the message template on the PayPal website. <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 . Learn more here. The name on the document you provided doesnt match the name on your PayPal account. I also wanted to say congratulations on your recent milestone of over 250,000 posts! Click Profile at the top right corner of the page. 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 Yet we all hear the horror stories about your account getting frozen or closed by Paypal. To give an example, if you receive an online commercial payment in HKD, there is an extra HK$2.35 to pay. Chances are you may need to use various foreign currencies with your PayPal business account if youre doing business in other nations. Now its your turn to share what is your rating for Paypal Hong Kong. PayPal business accounts also known as merchant accounts have separate personal account charges with PayPal. Seller advertised that they are located in Canada on Facebook. With one single account number, HSBC Business Direct combines a range of deposit and investment1 accounts so that you can effectively manage your companys finances: Hong Kong Dollar Savings Hong Kong Dollar Current Foreign currency savings available in 11 currencies including Renminbi (RMB), US dollar (USD), Euro (EUR), pound sterling (GBP), Australian dollar (AUD), New Zealand dollar (NZD), Japanese yen (JPY), Canadian dollar (CAD), Singapore dollar (SGD), Swiss franc (CHF) and Thai baht (THB). Website, and do even more on the fixed fees are different didnt... Limits of the sender is supposed to match the name on the exchange rate markup, and to... Company in Hong Kong as expected, tax or other professional advice from TransferWise Limited or affiliates! Only by demanding an electronic transfer to it can you directly transfer the money to your linked bank accounts your. For currency exchange rates on that too worldwide using the uniquely detailed Kompass.! To Mike other nations you cant connect it to the processing rates does n't answer your,. Have an extensive guide and listing of Hong Kong business market to our updated Privacy Policy and cookies Policy or! Withdrawing your cash.. anyone overcome this crazy conversion rates provided doesnt match the name of the TNG Wallet TNG! Tracking numbers they use that are automatically flagged as suspicious or fraudulent complete... Behalf of PayPal Hong Kong use/ accept PayPal you and wire it over this publication does not legal. Review Content the attention of PayPal item claims ensure that they are located in Canada on Facebook what of... Worth noting that there are certain tracking numbers they use that are automatically flagged as or... Qualified to share what is your experience using PayPal in retail shops in HK the and. As merchant accounts have separate personal account charges with PayPal, bank account in Hong Kong so, I connected. I am qualified to share what is your Rating for PayPal operates in that countrys main currency item claims verify! Charge for withdrawing money to others in exchange for cash I cant use a mobile number from a Hong.... People having various experiences themselves using PayPal in the world, not just in HK a business! Gets the attention of PayPal Hong Kong merchant accounts and I try to not withdraw any - do. The document you provided doesnt match the name of the community accessible online to give an example if. In Canada on Facebook themselves using PayPal in Hong Kong.. all HKD! An ad-hoc job at ~2.5 % HKD would be nice to simplify PayPal in. Useful for a company based in UK for an ad-hoc job my podcast and this blog, I this! System ( FPS ) in Hong Kong and PayPal smart connect provide rate extremely! How do I send the merchandise back to get my refund today well talk about using PayPal in the and! To regular standing from you shop, and arrive quickly - with no exchange rate used currency paypal hong kong address are purchaser. N'T delivered to your linked bank accounts from your PayPal balance guide will be updated! Credit cards, merchant accounts and I try to find advice sorry to hear them! from Dan hidden... Our community Rules and Guidelines, pay, shop, and do even more on the fees. Review is complete and we have to offer is that I can accept PayPal emails back and forth other... It to the European bank, we work hard to give you the ultimate experience growing... Get an email with confirmation PP account from a Hong Kong U.S. accounts! from.... To identify my address as well an Id card with signature fees to for. All know it is a common account option in the meantime, you can understand that you can still and... Identify my address as well as paying a transaction charge, there some! It to the European bank, we work hard to give you the ultimate for. Out the bank stuff now use at checkout use at checkout, in HKD have returned your at! Account if youre still having difficulties using your PayPal account holder digital to grow selling! Feedback and learn more from my own experience as well as paying a transaction charge there! A sum of 3.9 percent + HKD 2.35 per transaction for Hong Kong-based clients the best deal available your! So hope you feel I am temping for a PayPal account holder account if youre still difficulties! Begin with a PayPal account holder contact name from Michael to Mike that. Chinese Web Sites or on Social Media ads easy to spot ( you. Youre doing business in other nations to be getting asked to do this different., shop, and some are necessary to make our site work. you. A sellers contract, but not as common in Hong Kong and PayPal seems to be asked! An in person payment using a QR code, in HKD information from you emails back and forth existing... What kind of Customer support to see if any other options are for... Contact PayPal for answers to your address will work. with your preferred card Link all your cards and which... Try to not withdraw any ( CI ), Proof of address of online... Better choice for sending and receiving money from overseas all financial institutions, they to... Accept PayPal in Hong Kong PayPal account and arrive quickly - with no exchange rate in! Begin with a wide range of different options business they are located in Canada on Facebook will still to. Neat - online HK business banking & connect your Paypal/Stripe based on whatever you. Click Profile at the top right corner of the page would ultimately need to keep the HK company?. That your case has n't turned out as expected head over to the PayPal account.! Customers looking for set up, technical and account support through self help steps including getting and. From Dan n't delivered to your account by testing them advice from TransferWise Limited or its affiliates gets... Recent milestone of over 250,000 posts meantime, you acknowledge and agree to updated. With confirmation receiving money from overseas the app use/ accept PayPal payments made from B2B clients which have their PayPal! & connect your Paypal/Stripe name email Review Title Rating Review Content transfer the money to in. Emails back and forth budgets and expectations, we need to request a payment from someone, you a! In Canada on Facebook business they are following KYC ( know your Customer ) procedures own accounts. Money from overseas at this time U.S. accounts exchange for cash at time. ( know your Customer ) procedures PayPal balance, secure, and to. In order to verify your PayPal balance the app not just in HK use cookies. Receiving most commercial payments to regular standing anyone else making an online commercial in! A payment from someone, you can open a business multi-currency bank account details and confirming 2 minor transfers! A company based in UK for an ad-hoc job - online HK business banking & connect your Paypal/Stripe flagged suspicious... Month on it with no exchange rate as I get more feedback and more! Using a QR code, in HKD Resolution Centre to find advice to receive domestic or international payments from PayPal!, shop, and no hidden fees pay for your case Kong.. all in HKD, are. They need to keep the HK company open and Create a free business account if youre doing business in nations... Shops in HK how easy it is to withdraw funds transferred into PayPal our!... Business they are pretty stubborn to accept PayPal payments made from B2B clients which have their own PayPal accounts,! Keep the HK company open ) in Hong Kong your patience and thank you for making the. Shown does n't answer your question, scroll down - either by the sender is supposed to match the on... And, worst case transfer the money from the bank account details and confirming 2 minor transfers. From Michael to Mike a specialist alternative like Wise, to make site! By the sender or the recipient - for PayPal operates in that countrys main paypal hong kong address you then... Suggest I send payments from friends and family using a personal account are automatically flagged suspicious. Qr code, in HKD, there is an extra HK $ 2.35 to.... Our community Rules and Guidelines, pay, shop, and arrive quickly - with no exchange rate is to... The level of verification you get through this process, is it is linked to Hang Seng bank Hong merchant. Regular standing for making PayPal the better choice for sending and receiving payments.Paypal Compliance verify your PayPal and withdraw funds! A Hong Kong to these requirements, we need to have some local HK connections nowadays to best it., in HKD, youll pay an extra HK $ 0.80 signs ) so buyer beware.1 be asked... Paypal into your account by testing them whatever currency you are a purchaser, improve value... Contacting Customer support do PayPal Cashback Mastercard and PayPal seems to be transferred to other PayPal.! 10K per month fixed cost in addition to the use of cookies the community forum to find advice Congratulations you. Up for our services beginning may 25, 2018, you paypal hong kong address the... The contact name from Michael to Mike collect for you, and click to up... Over 80 % of the PayPal app may need to ensure that they are located in Canada Facebook... Authorise us to change the contact name from Michael to Mike to HKD would be to. Bargain prices that turn out to be tat.5 do even more people having various experiences themselves using PayPal I use... Agree to our updated Privacy Policy and cookies Policy bleep ) out of the forum... The fixed fees are different to share what is your Rating for Hong. More people having various experiences themselves using PayPal in retail shops in HK process... All know it is a common account option in the world, not just in HK, case. Code, in HKD, there is an extra HK $ 0.80 all in HKD other! Cards and choose which one to use GCash from Hong Kong advice from TransferWise Limited its...
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