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bosone
says

hi! as i am in europe and i’m receiving my (little amount of) envato earnings in dollars, i was wondering if it is convenient to open a second currency,in dollars, in my paypal account. in this way i would not “pay” for the currency conversion every time. maybe i can wait for a period in which the euro/dollar exchange rate is convenient and, if i buy something in dollar in the US with paypal, i will not pay for the currency conversion twice. what do you think?

how do you handle foreign paypal payments?? thanks!

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omar_almudaries
says

When you transfer your money to your credit card its automatically convert to your credit card currency.

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DoubleX
says

Interesting, I’ve never paid for currency conversion on paypal. I use dollar as my primary currency on, so I can see the Euro amount right before sending money to my bank.

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Koolgfx
says

Ciao Matteo, mi sembra strano ciò che dici. Quando su PayPal converto i $ in Euro non mi fa pagare alcuna tassa. Forse dipende dal tipo di account che hai su PayPal, sei un utente “Verificato” o “Premier”?

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infuse01
says

Actually I do it the same like you bosone. I simply hold my money in $ on my Paypal until time gets better. Until then I can still use those amounts for purchases in $-Countries.

@DoubleX AFAIK the Rate is already deducted on the overall € Amount which is displayed. Have a look in your logs and you’ll see that they actually draw the rate.

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bosone
says

Ciao Matteo, mi sembra strano ciò che dici. Quando su PayPal converto i $ in Euro non mi fa pagare alcuna tassa. Forse dipende dal tipo di account che hai su PayPal, sei un utente “Verificato” o “Premier”?

Non è una commissione, è il tasso di cambio, che mi sembra più “sfavorevole” del cambio giornaliero. Ho il dubbio che magari lasciando il conto in dollari si eviti il “doppio cambio” se per caso faccio acquisti in dollari negli USA… e magari ci si guadagni qualche spicciolo! :)

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