Results are out! Find what you need...fast. Get quick advice or join the chat
Hey there! Sign in to have your say on this topicNew here? Join for free to post

Does Paypal convert dollars into pounds?

Announcements Posted on
Applying to Uni? Let Universities come to you. Click here to get your perfect place 20-10-2014
    • Thread Starter
    • 4 followers
    Offline

    ReputationRep:
    Im selling some items on ebay and ive had 2 people ask me about postage costs to America and Canada, if they did win the items and pay through Paypal would Paypal convert the dollars into pounds sterling?or what would i need to do to convert it?
    Thanks
    • 0 followers
    Offline

    ReputationRep:
    paypal does it i think, it did when i paid someone in america. took it in pounds from me at the current rate.
    • 0 followers
    Offline

    ReputationRep:
    Yes it does. If you are trying to click a link on a website which is in dollars (i.e. american ebay) and go through paypal it shows you the amount in dollars, and the exhange rate, and the equivilant in GBP.
    • 0 followers
    Offline

    ReputationRep:
    If I recall correctly, you can have different PayPal balances for different currencies. E.g. you could have a balance of £20 GBP as well as a balance of $20 USD in the same PayPal account. This means you can pay someone in USD (e.g. for something you've bought from an American eBay seller); or you can convert it to GBP (or another currency) BUT PayPal will use the current exchange rate plus commission.

    Take a look here for PayPal's fees, it mentions currency conversion at the bottom: https://www.paypal.com/uk/cgi-bin/we...y-fees-outside

Reply

Submit reply

Register

Thanks for posting! You just need to create an account in order to submit the post
  1. this can't be left blank
    that username has been taken, please choose another Forgotten your password?
  2. this can't be left blank
    this email is already registered. Forgotten your password?
  3. this can't be left blank

    6 characters or longer with both numbers and letters is safer

  4. this can't be left empty
    your full birthday is required
  1. By joining you agree to our Ts and Cs, privacy policy and site rules

  2. Slide to join now Processing…

Updated: August 19, 2006
New on TSR

A-level results day

Is it about making your parents proud?

Article updates
Useful resources
Reputation gems:
You get these gems as you gain rep from other members for making good contributions and giving helpful advice.