Yes, you can receive British Pounds (GBP) on PayPal. PayPal allows users to accept, hold, and manage multiple currencies, including GBP, in their account, which can be converted to your local currency or held as a separate balance.
Go to “Send & Request” in the app. Enter your recipient's name, email address or UK phone number, bank account number, or card number as prompted. Choose the amount to send and set the currency to Great British Pound (GBP) Select your preferred payment method.
How do I manage my currencies with PayPal?
Adding currencies allows you to accept payments into specific PayPal currency accounts, USD to USD, Euro to Euro, GBP to GBP etc. It also enables you to Hold the balance of these additional Currency accounts rather than converting the currency immediately.
You can send and receive money in multiple currencies with PayPal. In your Wallet, you can add a new currency, change your primary currency, close a currency, and more. Here's how to add a new currency: Go to Wallet.
You can send money abroad to another PayPal account just like you would domestically: Enter your recipient's name, PayPal handle, email, or mobile phone. Enter the amount, choose the currency, and add a note if you'd like. Choose your payment type and payment method.
If you receive a payment in a different currency, it's automatically accepted in the currency received, and a new currency balance is opened in your PayPal account. However, you can change this setting in your PayPal account. Go to your Wallet to manage payments received in a different currency.
Is Zelle in the UK? Currently Zelle is not in the UK and there are no known plans for it to be. Because it's US-based, you and the recipient must have a US bank account to be able to use it. However, if you're based in the UK, fear not – there are alternatives to explore as we explain.
How do I convert my money to another currency in PayPal?
To receive only international payments, you just need to: Verify your PAN (Permanent Account Number) Add your Indian bank account. Select a Purpose Code.
How do I receive money using PayPal?
PayPal's fee for currency conversion
This charge is applied as a mark up on the exchange rate, or as PayPal calls it, the “transaction rate”, and means you pay 2.5% of the transaction value to convert your money back to pounds.
How to send money to the UK from the US
List of supported currencies
No, Venmo does not work in the UK. It is only available to people with a US-issued bank account, card, and mobile number. UK users need to use other apps for domestic or international payments. Western Union is a reliable alternative.
The Zelle App is Gone. What Does That Mean? As of April 1, 2025, Zelle has officially shut down its standalone app. This decision was driven by the fact that most users already accessed Zelle through their bank or credit union's mobile app.
Steps to Accept Multiple Currencies on PayPal
It is just so easy to do! PayPal instantly converts your money into the intended currency with no fuss. You can also have a multi-currency account. As a business owner, you can accept payments from almost anywhere in the world.
If you send or receive an international personal payment using your PayPal balance or bank account, you'll pay a cross-border fee. Fees can vary depending on your location. Please visit our Fees page for more information.
For a $100 domestic transaction in the US, PayPal typically charges sellers around $3.49 (2.99% + $0.49 fixed fee) for goods/services or $3.29 (2.9% + $0.30 fixed fee) if using a linked card for a friends/family payment, though sending to friends/family from a bank or balance is free, while international or different payment methods (like cards for personal) incur higher fees.
For a $1000 transaction, PayPal fees vary significantly: for domestic goods & services, it's about $30.29 (2.99% + $0.30 fixed), but for personal payments funded by bank/balance, it's free, while credit/debit cards incur around $29.30 (2.9% + $0.30) for domestic. International fees are higher, and rates depend on transaction type (business vs. personal), funding source (card vs. bank), and location, so always check the official PayPal site.
Example 1: You send an invoice to a client for $500, to be paid via credit card using PayPal Guest Checkout. The percentage fee for receiving money via PayPal Guest Checkout is 3.49% of the total amount, which is $17.45. The fixed fee for receiving money via PayPal Guest Checkout is $0.49.