Paypal - Euro to Sterling conversion

2 posts & 2 voices | Started 5 months ago by nasher | Latest reply from davidrussell

Tags:

No tags yet.

nasher - Member

Hi all

I will be receiving some funds in Euro's and will want to pay it into my UK sterling account. How can I find out what Paypal's exchange rate is? I have heard that they are the worst on the net.

Or can someone in Germany easily pay in GBP using Paypal?

Or is there another way?

Ta

Posted 5 months ago #
davidrussell - Member

its a bit complicated i think.

I only have experience of paying into a german paypal account, but basically i had 2 choices:

1. pay them in GBP, paypal converts it and charges a fee (20 quid odd i think)
2. change your primary currency on your own paypal account to euro, then pay with that (paypal charge no fee but give you a gash exchange rate)

Basically the lesser of two evils for me was to change to euros, pay and accept the crap exchange rate (lost 12 quid IIRC) and change back. the loss of euros on the exchange rate was lower than their fee.

Not sure how this translates the other way but the paypal site does explain it somewhere.

hth

Dave

Posted 5 months ago #

Reply

You must log in to post.