Question:
– Hide quoted text — Show quoted text – Most banks don’t charge for transfering sterling :-/ But PayPal charges a fee for converting it. It depends on your bank, and PayPal is not a bank. The OP was saying that his bank will accept US $ with no fees for converting, but PayPal will not deposit US $ into his account. He has to pay the PayPal currency conversion rate to withdraw funds into his bank account. A
I know…..but the comparison is with a bank, stating that "most banks don’t" charge a fee. I should have removed the part where it said "But PayPal charges…." As soon as anyone tries to compare PayPal to a bank, they’re obviously off-course. Kris
Response:
- Hide quoted text — Show quoted text – Most banks don’t charge for transfering sterling :-/ But PayPal charges a fee for converting it. It depends on your bank, and PayPal is not a bank. The OP was saying that his bank will accept US $ with no fees for converting, but PayPal will not deposit US $ into his account. He has to pay the PayPal currency conversion rate to withdraw funds into his bank account. A I know…..but the comparison is with a bank, stating that "most banks don’t" charge a fee. I should have removed the part where it said "But PayPal charges…." As soon as anyone tries to compare PayPal to a bank, they’re obviously off-course.
He wasn’t comparing PayPal to a bank. He was asking if there was a way to transfer the money with the bank doing the conversion rather than PayPal because the banks don’t charge a fee — seems to me he’s got a pretty good grasp on the difference.
Response:
Most banks don’t charge for transfering sterling :-/ But PayPal charges a fee for converting it. It depends on your bank, and PayPal is not a bank.
The OP was saying that his bank will accept US $ with no fees for converting, but PayPal will not deposit US $ into his account. He has to pay the PayPal currency conversion rate to withdraw funds into his bank account. A
Response:
1. PayPal say they only allow you to downgrade your account to personal once. If you had downgraded already in the past, could you delete your account and re-create it as a personal account? You can have two PayPal accounts, one for personal purposes and one for business purposes. Just get one of each and you won’t have to do any downgrading or re-creating or anything.
….but only one of them is usable on eBay. kris
Response:
"halfanorange" wrote … Thanks, I wish they could do this as my bank don’t charge any fees for transferring non-sterling currency.
In your dreams. You mean they bury the fee in another charge. — Andrew http://www.weirdity.com/ebay/
Response:
- Hide quoted text — Show quoted text – 1. PayPal say they only allow you to downgrade your account to personal once. If you had downgraded already in the past, could you delete your account and re-create it as a personal account? You can have two PayPal accounts, one for personal purposes and one for business purposes. Just get one of each and you won’t have to do any downgrading or re-creating or anything. Yeah, it’s amazing how easy receiving PayPal payments is when your eBay account is NARUed for asking people to use different PayPal accounts for different payment sources.
Well, I suspect that trying to evade the "downgrade only once" rule will get you permanently booted from PayPal. If you want to receive eBay payments with PayPal, you need a Business/Premier account. If you would like to receive personal payments without paying a fee, open a separate personal account.
Response:
2. Will PayPal pay USD currency into a UK bank account without converting it? No
Thanks, I wish they could do this as my bank don’t charge any fees for transferring non-sterling currency.
Response:
Most banks don’t charge for transfering sterling :-/
Response:
Most banks don’t charge for transfering sterling :-/
But PayPal charges a fee for converting it.
Response:
Most banks don’t charge for transfering sterling :-/ But PayPal charges a fee for converting it.
They might send you a USD check (cheque) if you asked for it. But it would be drawn on a US bank and your bank would probably charge you to deposit it. Paypal may charge you to mail a check, too.
Response:
1. PayPal say they only allow you to downgrade your account to personal once. If you had downgraded already in the past, could you delete your account and re-create it as a personal account?
Yes 2. Will PayPal pay USD currency into a UK bank account without converting it?
No
Response:
Most banks don’t charge for transfering sterling :-/ But PayPal charges a fee for converting it.
It depends on your bank, and PayPal is not a bank. Kris
Response:
Most banks don’t charge for transfering sterling :-/ But PayPal charges a fee for converting it. It depends on your bank, and PayPal is not a bank.
No, PayPal always charges a fee for converting currency, regardless of the bank.
Response:
1. PayPal say they only allow you to downgrade your account to personal once. If you had downgraded already in the past, could you delete your account and re-create it as a personal account?
You can have two PayPal accounts, one for personal purposes and one for business purposes. Just get one of each and you won’t have to do any downgrading or re-creating or anything.
Response:
– Hide quoted text — Show quoted text – Most banks don’t charge for transfering sterling :-/ But PayPal charges a fee for converting it. It depends on your bank, and PayPal is not a bank. No, PayPal always charges a fee for converting currency, regardless of the bank.
I know….but I’m referring to "Most banks don’t charge for transfering sterling "…., because others here (from the UK) have stated that many UK banks DO charge. Kris
Response:
Sorry, if this is the wrong group, this group came up a lot when searching for PayPal. I have a couple of questions about PayPal: 1. PayPal say they only allow you to downgrade your account to personal once. If you had downgraded already in the past, could you delete your account and re-create it as a personal account? 2. Will PayPal pay USD currency into a UK bank account without converting it?
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