Originally posted by EngineerMike
Sent Emy some PayPal bucks today. Got an interesting (new) response from paypal; along w/some voluminous, lawyerly regulatory schmaltz, comes this-
Rate of Exchange: If this transaction involves a currency conversion, there will be an exchange rate shown above. This exchange rate includes a
2.5% spread above the wholesale exchange rate at which PayPal obtains foreign currency, and the spread is retained by PayPal. If and when the
Recipient chooses to withdraw these funds from the PayPal System, and if the withdrawal involves a currency conversion, the Recipient will convert the
funds at the applicable currency exchange rate at the time of the withdrawal, and the Recipient may incur a withdrawal fee.
So per $100 you want Emy to receive, send ~$105 to cover the exchanges. Should put you in the ball park.
Hope this helps, thanks. |