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You can use the following information to review country and currency requirements before sending payouts.
You can use Venmo as a payout method only for recipients in the United States.

Feature sets and what they mean

The following table summarizes the payout feature sets:

Eligible countries and their feature sets

The following table lists countries eligible for payouts and their available feature sets: ¹ This country has currency restrictions. ² PayPal China Platform allows merchants in China to receive cross-border payments and to have foreign currency payments settle in CNY. ³ This country can only send and receive cross-border payments.

Country-specific payout restrictions

The following table lists countries with specific payout restrictions:

Currency conversion

PayPal Payouts supports automatic currency conversion when the payout currency differs from the recipient’s account currency. However, some countries and currencies have exclusions or restrictions. Before initiating a payout with currency conversion, you can:
  • Check the recipient’s country and currency eligibility.
  • Review the exclusion and restriction rules for countries to avoid payout failures.
  • Use the supported currency list to determine if automatic conversion is available for your use case.
The conversion rate applied to payouts includes PayPal’s spread or fee. For more information, see the PayPal Merchant Fees page.

Exclusions

Currency conversion is not available for payouts to the following countries and regions: Asia
  • China
  • India
  • South Korea
  • Taiwan
  • Thailand
  • Turkey
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
For the Caribbean, you can send payouts in USD. Recipients can withdraw their balance in local currency from their bank.
Latin America
  • Argentina
  • Bolivia
  • Chile
  • Colombia
  • Costa Rica
  • Dominican Republic
  • Ecuador
  • El Salvador
  • Guatemala
  • Guyana
  • Honduras
  • Nicaragua
  • Panama
  • Paraguay
  • Peru
  • Uruguay
  • Venezuela
For Latin America, you can send payouts in USD. Recipients can withdraw their balance in local currency from their bank.

Restrictions

The following table lists the countries that have specific restrictions on currency conversion for payouts:

Supported currencies for automatic conversion

When you send a payout in a currency different from the recipient’s account currency, PayPal automatically converts the amount using the applicable exchange rate, which includes PayPal’s currency conversion spread or fee.