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-   -   PayPal and Withdrawing currency. (https://www.aspkin.com/forums/paypal-talk/88951-paypal-withdrawing-currency.html)

muzzie 08-31-2015 01:19 PM

PayPal and Withdrawing currency.
 
I have two CCs attached to my PP. When I try to withdraw to one of them - it allows to withdraw straight in GBPs. When I try to do the same with other CC - it forces currency conversion into Euros before withdrawing. How to remove that forced conversion?

mayward 09-01-2015 12:48 AM

Re: PayPal and Withdrawing currency.
 
Which country of your PP?

Shekibi 09-01-2015 03:11 AM

Re: PayPal and Withdrawing currency.
 
Depends in where your account is from, you could change it to any other currency but paypal has their own exchange rates, which aren't as great as the normal exchange rates.

muzzie 09-01-2015 03:11 AM

Re: PayPal and Withdrawing currency.
 
Country is LV.

feadup 09-01-2015 10:23 AM

Re: PayPal and Withdrawing currency.
 
depends on the card currency, example if you have entropay it will always be as Euros, To my country it will be USD, it depends on how paypal see the card currancy

muzzie 09-01-2015 11:32 AM

Re: PayPal and Withdrawing currency.
 
Quote:

Originally Posted by feadup (Post 700530)
depends on the card currency, example if you have entropay it will always be as Euros, To my country it will be USD, it depends on how paypal see the card currancy

Don't you know why it forces withdrawals in Euros to Entropay? It is because Entro would decline payments in other currencies?

feadup 09-01-2015 11:44 AM

Re: PayPal and Withdrawing currency.
 
because entropay default currency is Euro. Bank of Vallita

muzzie 09-01-2015 12:28 PM

Re: PayPal and Withdrawing currency.
 
Quote:

Originally Posted by feadup (Post 700556)
because entropay default currency is Euro. Bank of Vallita

Ok... it seems need to find another VCC. I sell mainly in GBP, and PP GBP -> EUR exchange rate is awful.

G55AMG 09-11-2015 05:28 AM

Re: PayPal and Withdrawing currency.
 
PM me please, I'll tel you the solution for this.

eusebio 04-29-2016 02:46 AM

Re: PayPal and Withdrawing currency.
 
I have the sam problem here. Did you find any solution?

Play 04-29-2016 08:52 AM

Re: PayPal and Withdrawing currency.
 
I 'think' your entropay default currency is set to euros, and for that reason it needs to feed the money to the card/bank in euros, otherwise you card/bank would end up doing it, and then you will get a surprise on your statement, so I assume thats why Paypal do it before hand (as well as making a quick buck from it).

muzzie 05-02-2016 07:57 AM

Re: PayPal and Withdrawing currency.
 
Quote:

Originally Posted by Play (Post 766651)
I 'think' your entropay default currency is set to euros, and for that reason it needs to feed the money to the card/bank in euros, otherwise you card/bank would end up doing it, and then you will get a surprise on your statement, so I assume thats why Paypal do it before hand (as well as making a quick buck from it).

The problem is, that it is not PP's business, what currency i have the VCC in, as bank can accept any currency and convert it into card's currency. But they are "user friendly" and force conversion from their side, which uses very retarded exchange rate. This is really annoying. I ended up using another card, that allows withdrawals in any currency.

Play 05-02-2016 08:10 AM

Re: PayPal and Withdrawing currency.
 
Quote:

Originally Posted by muzzie (Post 767416)
The problem is, that it is not PP's business, what currency i have the VCC in, as bank can accept any currency and convert it into card's currency. But they are "user friendly" and force conversion from their side, which uses very retarded exchange rate. This is really annoying. I ended up using another card, that allows withdrawals in any currency.

There are big bucks in currency conversion. You should know what Paypal are here for.

rsot 05-02-2016 08:22 AM

Re: PayPal and Withdrawing currency.
 
PP are known for HORRIBLE exchange rates....do your best to avoid PP as the currency exchanger...


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