Currency conversion

This page lists countries with currency conversion exclusions and restrictions that might affect your payout.

Exclusions

The following is a list of countries, by region, where payouts currency conversion isn't available.

Asia

You won't be able to convert payouts into the following countries' currencies.

  • China
  • India
  • South Korea
  • Taiwan
  • Thailand
  • Turkey

Caribbean and Latin America

You can send USD to the following countries. The recipient can withdraw their balance in local currency from their bank.

Caribbean

  • Anguilla
  • Antigua and Barbuda
  • Aruba
  • Bahamas
  • Barbados
  • Bermuda
  • British Virgin Islands
  • Cayman Islands
  • Falkland Islands
  • Grenada
  • Jamaica
  • Montserrat
  • Netherlands Antilles
  • Saint Vincent and the Grenadines
  • Suriname

Latin America

  • Argentina
  • Bolivia
  • Chile
  • Colombia
  • Costa Rica
  • Dominican Republic
  • Ecuador
  • El Salvador
  • Guatemala
  • Guyana
  • Honduras
  • Nicaragua
  • Panama
  • Paraguay
  • Peru
  • Uruguay
  • Venezuela

Restrictions

The following table lists the countries with currency restrictions that affect payouts.

Country Currency code Restrictions
Brazil BRL

Brazilian users:

This currency is supported as a payment and balance for in-country PayPal accounts only. If the recipient is not from Brazil, then PayPal converts funds into the primary currency of the recipient's account. The currency conversion rate includes PayPal's spread or fee.

Malaysia MYR

Malaysian users can:

  • Send payments in MYR to other Malaysian users.
  • Send payments in currencies other than MYR to all users.

Malaysian users can't:

  • Send payments that require exchange to or from MYR.
  • Send MYR balances to non-Malaysian users.

Automatic

PayPal can automatically exchange payments to and from any of the following currencies:

Currency Currency code
Australian dollar AUD
Canadian dollar CAD
Euro EUR
Mexican peso MXN
Pound sterling GBP
United States dollar USD