The US dollar (USD) is the currency that powers most global trade, making it a key currency for freelancers, remote workers, and entrepreneurs who want to work with American clients or do business in  US markets.

But if you're in a country with currency restrictions, getting paid and withdrawing USD through PayPal can be tricky. Local banks might block foreign currency transactions, and PayPal might automatically convert funds to your local currency, often at poor exchange rates.

This guide will show you exactly how to receive USD on PayPal, even if you live in a restricted country.

Also read: How to get paid as a remote worker without a PayPal account

Top reasons people receive USD on PayPal

1. Freelancing and remote work: Many international clients and freelance platforms pay in USD, making PayPal a convenient and widely accepted option.
2. E-commerce: Sellers who run online stores or use marketplaces like eBay or Etsy often prefer to receive payments in USD for broader market appeal.
3. Digital products: Creators and consultants offering services or products globally (like courses, software, or ebooks) often bill in USD.
4. Crowdfunding: Non-profits or individual creators on platforms like Patreon or GoFundMe may receive support primarily in USD.

Also read: How to open a foreign bank account for PayPal payments.

Why do countries have currency restrictions?

1. To control inflation: Limiting access to foreign currency helps governments manage inflation and protect the value of the local currency.
2. Prevent capital flight: Restrictions are imposed to prevent large sums of money from leaving the country, which can weaken the local economy.
3. Regulatory compliance: Governments may require tighter control over foreign currency to comply with international financial laws or sanctions.
4. Protecting reserves: Some countries limit access to foreign exchange to preserve national reserves and stabilize their balance of payments.

How to receive USD on Paypal in countries with currency restrictions

Step 1: Create or upgrade to a PayPal business account

To receive USD payments smoothly, it’s often better to use a PayPal Business account. This allows you to receive international payments, including USD, with fewer limitations compared to a personal account.

• Go to www.paypal.com and sign up or log in.
• Select “Business Account” and provide the necessary details.
• Set your primary currency as USD.

Step 2: Link a USD-compatible bank account or payment processor

Most countries with currency restrictions don’t allow local bank accounts to receive USD directly. That's why you'll need to link either a domiciliary account or a US-based bank account to your PayPal.

You can easily get a US bank account with Grey. Here's how:

Sign up at Grey.co using your email address

• Complete your KYC verification and request a US account to receive your account details.
• Link your US account to PayPal to start receiving USD payments.

Step 3: Receive USD payments

Now that your account is set up:

• Share your PayPal email or payment link with clients.
• Let them know you accept USD payments.
• Funds will be reflected in your PayPal USD balance once payment is made.

Step 4: Withdraw your USD funds

Depending on your country’s PayPal policy:

• You may be able to withdraw USD directly to your linked account.
• Alternatively, you can use your USD balance to make online purchases or send payments in USD to other PayPal users.

Receive USD payments seamlessly

Receiving USD payments shouldn’t be a struggle, no matter where you live. With the right setup, you can bypass currency restrictions, avoid poor exchange rates, and take control of your international earnings. Open a Grey account today and start receiving USD seamlessly.

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