Yes. Sure. Did 4 transfers so far. Exactly after 4 days in your account. Exact amount send by Paypal ./. 10 USD fee deducted. Btw. BHD Dollar account won't work
- Thread starter Superpana
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Banco Popular and PayPal....Please Decipher
Yes. Sure. Did 4 transfers so far. Exactly after 4 days in your account. Exact amount send by Paypal ./. 10 USD fee deducted. Btw. BHD Dollar account won't work
update:
my partner is back from BPD right now, exactly same notice as Mike posted above.
Dollars from the PayPal go as US$ directly on the BPD Dollar account.
no currency convertions, just the $10.- fee per transaction.
it was advised to keep each transaction below $1.000.- each.
yes, you are right,
BHD account wont work.
that was a mistyping of mine, as i also hyave pesos and dollar accounts at BHD,
but i wanted to write BPD account, lol.
thanks
Mike
my partner is back from BPD right now, exactly same notice as Mike posted above.
Dollars from the PayPal go as US$ directly on the BPD Dollar account.
no currency convertions, just the $10.- fee per transaction.
it was advised to keep each transaction below $1.000.- each.
yes, you are right,
BHD account wont work.
that was a mistyping of mine, as i also hyave pesos and dollar accounts at BHD,
but i wanted to write BPD account, lol.
thanks
Mike
there's no real Limit,
but for frequent transfers, as i will send such money at least weekly, during season twice a week,
they said to stay below the 1K margin per transaction keeps all questions away, lol
Mike
here the same, no us-connection or such.
me and my partner are europeans, no us-accounts or any ties to there.
Mike
When we withdraw from our US Dollars account, we have a choice of getting US dollars or pesos. Because of where we live, we take the pesos, but if we lived near Casa de Cambios [which have higher/better exchange rates] we'd take the dollars and go exchange them there.
I'll also add that we deposit money into the account using our US checking account, takes a week or two to clear, very easy.
Does anyone know if this has been confirmed as fact? I have accounts at two other top Banks here and would hate to open a 3rd just to hookup to my paypal account. Does XOOM remit to other DR Banks therefore providing the same solution?
just to come back with feedback,
as the great people on this topic gave all the necessary info to get it done.
my paypal account is a 20 years long running certified business account with paypal.
we connected it with a simple private Banco Popular US$Dollar Account.
while they had no system at BPD the first 2 attempots,
on the 2rd approach the connection been done at their main branch in Bavaro(aside Plaza de Brizas de Bavaro) within 25 minutes.
it took then 4 business days(plus the weekend in between) and i received from paypal the e-mail notice that all is ready to go.
sincethen we did 2 Transfers, one of $500.- to check it out and then an other of 1K US$.
the first transfer arrived on the bank account here on the 3rd day, the 2nd on day 4.
easy to use.
they credit on the Banco Popular dollar account exactly the amount of money sent, minus the $10.-US$ fee per transaction
and the money can be withdrawn at the drive in at every BPD branch around in US$.
no money exchange fees, reasonable short waiting time, easy.
Expat13,
when i asked PayPal about the afiliated DR-Banks,
i've been told that they have a exclusive contract/agreement with BPD.
that was a while ago, long before i found this topic and we finally set it up.
til now, perfect fit, hassle free.
Mike
as the great people on this topic gave all the necessary info to get it done.
my paypal account is a 20 years long running certified business account with paypal.
we connected it with a simple private Banco Popular US$Dollar Account.
while they had no system at BPD the first 2 attempots,
on the 2rd approach the connection been done at their main branch in Bavaro(aside Plaza de Brizas de Bavaro) within 25 minutes.
it took then 4 business days(plus the weekend in between) and i received from paypal the e-mail notice that all is ready to go.
sincethen we did 2 Transfers, one of $500.- to check it out and then an other of 1K US$.
the first transfer arrived on the bank account here on the 3rd day, the 2nd on day 4.
easy to use.
they credit on the Banco Popular dollar account exactly the amount of money sent, minus the $10.-US$ fee per transaction
and the money can be withdrawn at the drive in at every BPD branch around in US$.
no money exchange fees, reasonable short waiting time, easy.
Expat13,
when i asked PayPal about the afiliated DR-Banks,
i've been told that they have a exclusive contract/agreement with BPD.
that was a while ago, long before i found this topic and we finally set it up.
til now, perfect fit, hassle free.
Mike
with a new BP acct. On the BP online banking under 'paypal" when following the steps it says "Para crear su Cuenta PayPal, favor de completar los siguientes datos, luego presione Continuar"
so i enter my existing PayPal acct info and proceed it says that ther already exist a paypal acct with that email. It seems the BP online system wants you to creat a new Paypal acct within their portal and you cannot attach an existing Paypal acct?
Very confusing1 Anyone run thru this?
you are right, and the words on your screen state it exactly that way,
that feature is to "create a new paypal account/para CREAR su cuenta paypal".
what you have to do to connect with your existing account is to "connect a paypal account".
i don't know how to do it yourself, as we had the bank manager doing it for us.
Mike
i filled out the section with my existing PP acct. and it rejected stating that email already exist with another acct. So it looks like it only accepts new acct signup info is my guess.