How to CONVERT £ to USD in Paypal?

Discussion in 'General Business' started by bloggerman, Apr 7, 2008.

  1. #1
    I am having one problem here and it's already 2 month since I don't know who should I refer to.

    One of my client in UK prefer to pay me via Paypal. Now the problem is they still want to pay me in £, not USD.

    How can I settle this problem?
    Means how can I get the rate in USD in Paypal?

    Any idea and solution are welcome.
    Thank you so much guys!

    Really appreciate it.
     
    bloggerman, Apr 7, 2008 IP
  2. eddy2099

    eddy2099 Peon

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    #2
    When your client pays you in UK pounds and your account is dominated as USD, Paypal will automatically convert for you once you accept the payment. The transfer is automatic and just 2.5% foreign exchange fee.

    Alternatively you can set up a UK pound Balance and you will receive all UK pounds there. However if you want to convert to another currency, there is the 2.5% foreign exchange fee.

    If you want to know roughly the exchange rate, use http://ppcalc.com/ , it has a currency converter for you.
     
    eddy2099, Apr 7, 2008 IP
  3. bloggerman

    bloggerman Well-Known Member

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    #3
    thanks eddy!
    by the way, i'm from Johor Bahru (neighbour), Malaysia.

    the info really suit with my need.
    thanks again!
     
    bloggerman, Apr 7, 2008 IP