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Moose423956
16th May 2011, 09:56
Sold a phone on ebay, received the payment of £257.75 into my Paypal account yesterday. When I looked today my Paypal account was at £248.79. :tantrum:

Seems my account is in US dollars, and the exchange rate has changed since the money went in, to my detriment. Anyone else had this problem?

thunderlizard
16th May 2011, 11:27
I think Iceland did a couple of years ago.

PinkPoshRat
16th May 2011, 11:49
Sold a phone on ebay, received the payment of £257.75 into my Paypal account yesterday. When I looked today my Paypal account was at £248.79. :tantrum:

Seems my account is in US dollars, and the exchange rate has changed since the money went in, to my detriment. Anyone else had this problem?

I think both ebay and paypal deduct their fees at some point. Are you sure it was the exchange rate change?

Moose423956
16th May 2011, 12:30
I think both ebay and paypal deduct their fees at some point. Are you sure it was the exchange rate change?

Do Paypal charge? I know ebay do, but I didn't know Paypal did.

AtW
16th May 2011, 12:42
Do Paypal charge? I know ebay do, but I didn't know Paypal did.

Do you work for free? Of course they charge, check your account for that transaction and you'll see how much - usually it's 20pence + ~3% (unless you are merchant that turns enough to get lower rate).

https://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside

Moose423956
16th May 2011, 12:59
Do you work for free? Of course they charge, check your account for that transaction and you'll see how much - usually it's 20pence + ~3% (unless you are merchant that turns enough to get lower rate).

https://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside

Duh! Oh yeah. :spank:


Fee amount: -£8.96 GBP