Funds on PayPal/Wise—Reporting Obligation?

[FYale]

As I understand it, Wise is only obligated to report under CRS if you're using any other of their entities, such as a Assets, but what about PayPal? Is their reporting obligation triggered regardless? For the record, I'm in Europe.

 

[Jorozey]

Your information is reported to the authorities

what is-common-reporting-standard-(crs)

www.paypal.com

Common Reporting Standard - Wikipedia

en.m.wikipedia.org

PayPal

www.paypal.com