2 ms·
They push conversion so hard. If you sell something in eur/usd while your origin country uses different currency paypal will allow you to send money only to ban
by omnimus 8y ago
They push conversion so hard. If you sell something in eur/usd while your origin country uses different currency paypal will allow you to send money only to bank account of that currency and country you are based in. They say it is required by law. Of course when you make the transfer they inform you that that bank account is not in eur/usd and that they have converted it for you. And their conversion rates were like 4% worse than my banks which is about 4% worse than something like transferwise/revolut.
Cutting down ~8% thats after paypal fees is not fun. I switched.