Can You Use PayPal From Singapore?
Pay online sellers and receive funds from buyers through the secure third party service, PayPal, and eBay company headquartered in San Jose, California. The website and its money-transferring services are available in more than 20 different countries, including Singapore, where PayPal's international headquarters is located.
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Local Site
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Visit PayPal's local site, paypal.com.sg, to use the Singaporean version of PayPal. Singapore-registered PayPal users must meet certain requirements mandated under the Monetary Authority of Singapore, ensuring the identity of customers who open an account. The procedure is called "Know Your Customer," and is similar to requirements that must be met when opening a bank or credit card account.
Banking
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Sign up or log in to the site for access. Link your bank account in Singapore to your PayPal account for access to your funds in Singapore.
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International Usage
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If you are traveling to Singapore but want to use your national PayPal site, simply log on to the local PayPal site from your country to transfer funds while in Singapore. According to its website, PayPal has "more than 87 million active accounts in 190 markets and 24 currencies around the world."
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References
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- Photo Credit Singapore Bay image by Roy L. from Fotolia.com