PayPal Merchant - 2006 - Website Payments Standard and Email Payments User Manual download pdf (Page 45)

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Setting Up

Your Accoun

Accepting

Payment

Managing

Your Accoun

Handling

Payments,

Withdrawals,

& Refund

Using Advanced

Merchant Tool

Getting Hel

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Here’s how you can handle foreign currency with PayPal

• When you receive a payment in a currency in which you do not

already hold a balance, PayPal will prompt you to open a balance

for that currency, convert to your primary balance, or deny the

payment. Payments in currencies for which you hold a balance will

automatically be applied to the correct balance.

• You will see a summary of each currency balance on your

Account Overview page.

• You can manage your currency balances in your Profile.

This includes opening and closing balances, as well as transferring

between balances.

• Transferring funds between different currency balances is easy

and instant. A foreign exchange calculator is provided to help you

determine the exact amount prior to completing the transfer.

• You can auto-convert payments to your primary currency via

a Payment Receiving Preference in your Profile.

This is useful if you wish to display prices in different currencies,

but only do business in a single currency.

Accepting Multiple Currencies

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PayPal Merchant - 2006 - Website Payments Standard and Email Payments User Manual Page 45