Currency Conversin rates

Discussion in 'Payment Processing' started by rohan1819, Mar 12, 2011.

  1. #1
    Suppose if i withdraw $10 from paypal to indian Bank (eg:Axis Bank) how much do i get in my Bank account...After all currency conversion charegs and other process..
     
    rohan1819, Mar 12, 2011 IP
  2. Digital_shubhi

    Digital_shubhi Illustrious Member

    Messages:
    11,524
    Likes Received:
    760
    Best Answers:
    12
    Trophy Points:
    405
    #2
    Doesn't matters which bank you withdraw to.
    Like if the current rate is 1USD = Rs.44.

    Then you will get 10*44 = 440 - 50 = Rs.390
     
    Digital_shubhi, Mar 12, 2011 IP
  3. rohan1819

    rohan1819 Peon

    Messages:
    12
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #3
    Only 50 rupees they for conversion that's great!! thax for help(Digital_Shubhi)
     
    rohan1819, Mar 12, 2011 IP
  4. dhoomagain

    dhoomagain Member

    Messages:
    181
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    28
    #4

    rs 50 is not the conversion fees, its the withdrawal fees which is charged by paypal, if you decide to withdraw rs 7000 (approx $164) then there will be No Rs 50 fees, and you will get the full amount in your bank.
     
    dhoomagain, Mar 12, 2011 IP