Thank you so much Michael, that helps. (Hardest time/ task ever just to get my money back). Good work, really good work driving your customer away. - Ana Lee good The Ultimate Paypal Hong Kong Guide (Get Verified, Stay Safe) Thursday, August 8, 2019 We are offering Paypal Full Verified USA Paccount With All docoments We will give you Vitural Bank Account VCC USA Number USA Paid Ip Google voice account Gmail account Paypal Account We also selling ebay account and if you need walmart any product you will give you 15% discount No Tex. Paypal Pro is a common account option in the US and UK and other countries, but not as common in Hong Kong. For any enquiries or asking for Wholesale A irsof t Products Whatsapp: +852 67464676 Facebook messenger: Sixmm. Kindly checkout this link for our contact information: https://www.globalfromasia.com/contact/. Is it free or there is a fee any idea? Another Option To Send Transfers Within Asia. Keeping your personal and financial information safe is vital to us and we wont share it with anyone else. Find out how to register, send and and receive money via FPS. This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. 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 . More on that, later. So, I hope this article on Paypal can help you! I would also be very interested in the answer to this question. Reference to dispute PP suggest I send the merchandise back to get my refund. Anonymous, Name Email Review Title Rating Review Content. Request a call back from our sales experts today. 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. PayPal - How do I send payments from the PayPal app? Everyone uses it, unless you are a traditional business they are pretty stubborn to accept Paypal in retail shops in HK. Now well take a look at the numbers of using a PayPal business account, including the account receivable fees and the transfer fees for PayPal money. Is it OK if we also use cookies to show you personalized ads? Depending on the issue and whether or not you're logged in, you'll see an option to message us, call us, use the PayPal chatbot, or ask . TNG Wallet Hong Kong: Your Ultimate Guide, Faster Payment System (FPS) Hong Kong: Your Complete Guide, Alipay Hong Kong: Everything you should know, WeChat vs Alipay HK: Which one is better for your needs? Users in Hong Kong are advised to read the terms and conditions carefully.Paypal Compliance. Log in to your PayPal account. Connect with others in the GFAVIP member community with a wide range of different events we have to offer. The withdrawal of HKD from your local PayPal account back to your HK bank account is only free of charge if you withdraw more than HKD1,000. I have a HK mobile phone plan that I use traveling abroad, may be worth the investment? Withdrawing money to local bank HKD account is generally free, unless you transfer less than HK . The reason you get this is it is a true merchant account. I actually use Stripe to accept USD and pay to my USD bank account with HSBC in Hong Kong. Im waiting to hear back from PayPal now because I need the money since Im not getting the product. It is not intended to amount to advice on which you should rely. Check that for the most up to date information on companies. Signing up is pretty straight forward like any other Paypal in the world. Hello Mark! However, there are fees for this service youll want to know about. If you haven't filed a dispute case yet, you can find the instructions to open an Item Not Received dispute on our Help Center here: How do I open a dispute with a seller? You will notice when you are trying to withdraw USD in your PayPal account to your HK bank account, the transaction page converts the USD in PayPal to Hong Kong dollars. We are offering Paypal Full Verified USA Paccount With All docoments We will give you Vitural Bank Account VCC USA Number USA Paid Ip Google voice account Gmail account Paypal Account We also selling ebay account and if you need walmart any product you will give you 15% discount No Tex. 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%. No return address on the returns policy. 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. Seller advertised that they are located in Canada on Facebook. Go to our Contact Us page. Financial regulations around the globe are getting harder not easier. how can I get around this. Fraudulent Payment to AJCLOUD HONGKONG CO, LIMITED. People need to have some local HK connections nowadays to best do it. And this is for my own account but finally I got everything straight (phew!) They have given me the option to transfer payment using PayPal. Unless you like having your money arbitrarily frozen periodically. Im still interested in hearing about any solutions people are using. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. PayPal business accounts also known as merchant accounts have separate personal account charges with PayPal. (The documentation does not need to show the address where the item was actually sent. @Fred20051 and @Beccadsmokes, welcome to the Community! For instance, if you withdraw USD from your Hong Kong PayPal account to your U.S. bank account, you would have to pay an additional withdrawal charge of 2.5 percent for that. Pretty scary right! In the meantime, you can still open and operate with a Paypal HK account. If the cross-currency trade is needed for your company, then you might need to understand how the PayPal exchange rate works: Usually, the PayPal conversion rate requires a transaction charge, which accounts for up to around 3-4% of the type of payment you pay. RFU form (Application form they will attach). I have been very successful for a few years now using my Paypal HK Account with zero interruptions, until now. So we will most likely need to charge in USD. That constitutes proof of address and will work for almost every case. Since they're. Request a call back from our sales experts today. I use Transferwise to get US dollars out of PayPal and exchanged to Candian dollars. 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. Teri12345. This guide walks through all you need to know about receiving PayPal money transfers, and also highlights a smart alternative if youre getting paid from overseas - Wise. Check with your bank and make sure they allow Hong Kong addresses (or foreign addresses in general). .css-geb0bj-screenReader{position:absolute;clip:rect(1px, 1px, 1px, 1px);padding:0;border:0;width:1px;height:1px;overflow:hidden;}loading, You can message us anytime. kq bong da nam,cch kim tin v paypal,xs kien thiet mien trung. We're glad you have joined us. If you have a problem with your PayPal account, the first thing to do is head over to the PayPal Contact Us page. Legal Address. PayPal Hong Kong Limited. 04/11/2016. Not sure if Skype in has text message capabilities? Log into your PayPal account Go to Send and Request, and hit Request Enter the email address of the person you're asking for a payment Enter the amount you're requesting Add a note Click Request a Payment to confirm You can also make a payment if your recipient sends you their personal PayPal.me link. The fee will always be mentioned upon withdrawal. Hi. You can add USD bank accounts to HK Paypal, and withdraw at Xero fee. Over 80% of surveyed SMBs embrace digital to grow cross-border selling. PayPal is the world's leading online payment processor. Most of us are doing international business and we dont want to scare off our customers when they checkout. Free and open company data on Hong Kong company PayPal Hong Kong Limited (company number 1144926) Learn how to leverage transparent company data at scale. The form requires me to have me to identify my address as well an Id card with signature. utility bill, bank statement) within 3 months. Almost every business that has any online presence has PayPal. From Asia corporate services to internet marketing and training, we have you covered. It is something I am asked quite a bit and am happy to be sharing with everyone to get rid of the worry and hesitations of setting up a company in Hong Kong. Posted on. Please refine your search by(Localization + What, who? You can create a PayPal account for free and start receiving payments almost instantly. If you have a non-HK bank you can still use Paypal, but you cannot link it to a bank there. 4. Youll also be able to pay using a PayPal.me link if your recipient has sent one to you. Shopping online has never been this easy. You'll need to enter some basic details, including: Your email address Your business information Your personal information You'll then receive a confirmation email. This is a small charge set according to currency. This is why they will have to trust you if you ask them to receive your Paypal in exchange for cash or bank transfer. 2. It could be that the error is shown only at some times, or that the error is not shown all of the required times. Also through my podcast and this blog, I have connected with even more people having various experiences themselves using Paypal. Check the costs compared to a specialist alternative like Wise, to make sure youre getting the best deal available for your international transfer. Do you see any way around this fee? SVF0008. Its worth noting that the currency conversion charge laid out above will also apply if you need to switch currencies as part of the withdrawal. Please also update the address on your Proof of business address document to the account. If you find out otherwise please let me know. Aurelia Pay is a leading cross border payment service in South East Asia, Hong Kong and Greater China. This service is produced by Kompass. Of course, based on whatever currency you are relying on the fixed fees are different. Use the funds for your operating expenses on hosting, services, and other items. Further to these requirements, we need to collect additional information from you. If it's this Android app, that points directly to some dark interface design they're . By the way thanks for the Blog it makes me feel not alone. To withdraw money from your PayPal HK account to your Hong Kong bank account, you must do this in HKD (Hong Kong dollar) currency. You can make a payment through PayPal online or using the PayPal app. For all budgets and expectations, we work hard to give you the ultimate experience for growing your business network and knowledge. It is jam packed with everything you need to know from setting up your Hong Kong limited company. Thanks in advance. There will only be a nominal fee of HKD3.5 to pay for your bill. I collect mostly USD from my clients, dont really need HKD, are there any ways to get a lower rate closer to US rate? Lets talk about a few options: One solution in this situation is to set the primary currency of your PayPal account to HKD, the same currency as your bank account. WHO ARE THESE PEOPLE AND WHY IS THIS HAPPENING? Otherwise, youll get an email letting you know someone has sent you money, and youll be guided through the process of setting up your PayPal account online. Check it out! Check it out! Google and you can often see previous company names as they change them once enough claims roll in and Paypal stop them using their services and start over.7. But, youre not alone. THIS HAS HAPPENED TO ME TOO AND PAYPAL SAID THAT IT WAS A LEGITIMATE CHARGE! 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. Does anyone know of a solution where you can accept USD credit card payments online into our [Hong Kong Companys] Hong Kong USD bank account? You would ultimately need to pay a sum of 3.9 percent + HKD 2.35 per transaction for Hong Kong-based clients. 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. If you transfer your current bank account to use your Hong Kong address, you should receive your next bill at your Hong Kong residence. PayPal is a nightmare, my best advise is to stay away from it. The level of verification you get through this process, is it ok to handle roughly 5 to 10k per month on it? 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. Ive used Paypal since 2004 as a seller, with a USA account for my first e-commerce business. Wise payments are convenient, secure, and arrive quickly - with no exchange rate markup, and no hidden fees. 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/. 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. Contributor. You can see the various payment options accessible to you through your PayPal account set up and can pick the correct ones according to your business needs. As well as paying a transaction charge, there is a fixed fee charged for receiving most commercial payments. Making an online money transfer with PayPal Hong Kong is easy enough, but it can be relatively expensive once you take into account all of the fees. 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. This guide walks through how to use GCash from Hong Kong. Fake reviews.6. just greedy number. App similar to findmyiphone but for Androids. I am completely new to PayPal. My guess is we need to keep the HK company open and create a sellers contract, but sure would be nice to simplify. For a phone number, try a Skype IN number for like 25 usd every 3 months and it can forward. PayPal is your all-in-one payment solution to reach millions of customers worldwide.Find out more about PayPal for your business: https://www.paypal.com/hk/w. Dec-07-2022 07:31 PM. I hope everyone has a wonderful weekend! Relationship Start Node Node I D. 549300SKO1BSTONRKQ46 . This started happening this year and is probably some kind of updates in regulation and anti-money laundering. To deal with oversea customers, Paypal charge as high as 4.4% down to 3.4% plus a fixed fee based on the currency received. Those usually begin with a 44, Pay, shop, and do even more on the PayPal app. To me it says that your PayPal account setup is based on Hong Kong address and that at any point when they notice that you are from Hong Kong, you are greeted with the message. Please read our Community Rules and Guidelines, Pay, shop, and do even more on the PayPal appGet the App. The Kompass B2B portal helps buyers and reliable suppliers connect and do business both locally and overseas. Fraudulent- Hong Kong. Why this number ? The payments will though, be a slight bit higher for U.S. accounts. Open, click and follow the links in this message to get started. GFA has full service options for various specialties below. POA (Proof of Address) is not required for getting this level of verification in Paypal. I have a HANG SENG BANK account. You will need to visit the PayPal Hong Kong website and follow the measures outlined to get in contact with PayPal. Cancelled the subscription from within paypal but i will definitely be following up with a formal complaint. The fee is, as you say, crazy. Prior results do not guarantee a similar outcome. Shopping online has never been this easy. Hi! A Solution for the Hong Kong Banking Nightmare? Using PayPal, send invoices and make clients pay, Accept online payments from your website via PayPal. Tags: banking, guide, hong kong, merchant account. And, worst case transfer the money to others in exchange for cash. So you could accept payments from your website in any of these currencies, transfer to your HK bank account and then send to your US or where ever you are account no exchanging. It is availble on transactions between AU$30, and $1,500 and can impact a . Find out how to register, send and and receive money via FPS. just greedy number. They may likely reject the payment. Hello @Fred20051, @kernowlass, and @Beccadsmokes,First, thank you for that great information, @kernowlass. How can i contact you? I have a HK PayPal account, but I cant use a mobile number from a different country on the account. Just to withdraw that money? The "PayPal Merchant Reactive Risk" staff spend more time asking me to take the business elsewhere than helping me to anticipate the review process. 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. 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. We have a Remittance Partner Recommendation. Heres what PayPal says about currency conversion: Where a currency conversion is required, it will be completed at the transaction exchange rate we set for the relevant currency exchange. PayPal for business The world is your shopping mall From big brands to boutique stores, you can shop securely at over millions of online stores with PayPal. Youve already completed the following actions as part of our review: Weve received acceptable copies of the following documents or information: -> Identification document -> Proof of business address document -> Business registration certificate -> Letter of authorisation -> List of the beneficial owners and office bearers of your business -> Identification documents of the benficial owners. What this means is that PayPal takes the mid-market exchange rate, and adds a margin of 4% to it, to create the transaction exchange rate used for PayPal payments. 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