Obtaining PayPal USD balance in cash

Money, investing, mutuals etc
pabenny
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Obtaining PayPal USD balance in cash

Post by pabenny » Thu Feb 13, 2020 9:18 am

I've got $100 or so in US Dollars in my PayPal account and will be travelling to the USA next month.

Clearly I could transfer to a UK bank account (converting to GBP) and then buy USD but that incurs two lots of margin.

Anyone know of a way of withdrawing the USD balance in cash that avoids multiple fees?

As an alternative, is PayPal usable for in-person transactions?
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macliam
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Re: Obtaining PayPal USD balance in cash

Post by macliam » Thu Feb 13, 2020 9:51 am

There's a prince in Nigeria who will happily sort out that problem for you....... ;)

Other than that, I can't help....
Just because I'm paranoid, it doesn't mean they're not out to get me

pabenny
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Re: Obtaining PayPal USD balance in cash

Post by pabenny » Thu Feb 13, 2020 10:01 am

I thought they only dealt in millions?

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Re: Obtaining PayPal USD balance in cash

Post by macliam » Thu Feb 13, 2020 10:13 am

pabenny wrote:
Thu Feb 13, 2020 10:01 am
I thought they only dealt in millions?
Every little helps...... just send him your bank details :shifty:
Just because I'm paranoid, it doesn't mean they're not out to get me

sanity clause
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Re: Obtaining PayPal USD balance in cash

Post by sanity clause » Thu Feb 13, 2020 11:53 am

pabenny wrote:
Thu Feb 13, 2020 9:18 am
I've got $100 or so in US Dollars in my PayPal account and will be travelling to the USA next month.

Clearly I could transfer to a UK bank account (converting to GBP) and then buy USD but that incurs two lots of margin.

Anyone know of a way of withdrawing the USD balance in cash that avoids multiple fees?

As an alternative, is PayPal usable for in-person transactions?
I've used paypal for person-to-person transactions in Europe, but was charged a transaction fee.

No fees for UK transactions.

Perhaps use paypal to pay for something whilst in the USA?
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pabenny
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Re: Obtaining PayPal USD balance in cash

Post by pabenny » Thu Feb 13, 2020 1:13 pm

I didn't mean person to person transactions. I was thinking of payment in store rather than online.

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Re: Obtaining PayPal USD balance in cash

Post by AAAlphaThunder » Thu Feb 13, 2020 1:34 pm

eBay US - buy something and have it delivered to your door.
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Re: Obtaining PayPal USD balance in cash

Post by rayf » Thu Feb 13, 2020 3:18 pm

pabenny wrote:
Thu Feb 13, 2020 9:18 am
I've got $100 or so in US Dollars in my PayPal account and will be travelling to the USA next month.

Clearly I could transfer to a UK bank account (converting to GBP) and then buy USD but that incurs two lots of margin.

Anyone know of a way of withdrawing the USD balance in cash that avoids multiple fees?
Why not buy something in the US (ebay/amazon etc.) and have delivered to your hotel (or wherever you're gonna stay)? :think:
Maybe something small that you can carry home easily. :think:
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Re: Obtaining PayPal USD balance in cash

Post by pabenny » Thu Feb 13, 2020 3:53 pm

Thanks all.

Good suggestion to make an online purchase for local delivery. As it's a fairly short visit, I don't think I'd want to rely on it arriving in the right period.

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