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>you can only withdraw money in your local currency, and PayPal has quite bad conversion rates (you lose 2-3% again). Someone on HN recommended TransferWise fo
by dgudkov 8y ago
>you can only withdraw money in your local currency, and PayPal has quite bad conversion rates (you lose 2-3% again).
Someone on HN recommended TransferWise for that purpose. I tried it and it works well: PayPal can transfer to TransferWise and then from TransferWise money can be withdrawn in local currency with a very fair exchange rate close to real-time Forex.
Disclaimer: I'm not affiliated with TransferWise in any sense.
- IvanK_net 8y agoI used TransferWise many times and I am extremely happy with it. I have the USD account in the US through TransferWise. The problem is, that my PayPal does not let me withdraw money to my US account, as I am not the US citizen.