does people here do paypal balance sells or buys here?
I'm totally a newbie of paypal.
I have a few thousand of au dollars in my bank.
And I need to make those AU to USD.
Then I think about bank tranfer and paypal...
bank:bad rate+fee (x%+x dollars)
paypal:worse rate + fee
but paypal...when you entirely funded by PayPal balance or bank account is free(when no currency conversion is involved)
which means:1.when you put ur money from ur online saving,paypal won't charge you 2.someone have paypal balance and send to you ,you don't need to pay if you open the option of that dollar(otherwise,paypal will just convert to your primary currency...careful...) ex,in my account,i have aud and usd option.if someone send me paypal balance in aud or usd,no one will be charge.(only if you hold au paypal account,otherwise it's Cross-border personal transactions,tricky paypal will charge you from 0-2%of total ammount depends on countries)
so by the above,if there are two "au paypal" account holder,both open "aud and usd currency option".if they want,they can send and receive each other's balance(aud<--->usd) and decided what rate they want to exchange without being charge by paypal.
is my theory right,guys?
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