Anonymous asked in Business & FinancePersonal Finance · 9 years ago

How do I get money on paypal?

Hello. How do I get money on paypal? And when I make a paypal account do I have to add my address? Does the money go to my paypal account or does a recipe come to my house and then I get the money?

2 Answers

  • 9 years ago
    Best Answer

    In order to sign up for a PayPal account, you need a legal address in your home country. PayPal is online banking: the physical money is stored somewhere in the U.S.

    "As of June 30, 2008, your PayPal U.S. Dollar balances are held at the following institutions: Bank of America, N.A., Citibank, N.A., HSBC Bank USA, N.A., RBS Citizens Bank, N.A. and Wells Fargo Bank, N.A."

    Your money is stored in one of those banks and the balance is shown on the PayPal website. Transactions are digitally done. That's how online banking works.

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    6 years ago

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