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Subject: 
Re: Paypal - Money stealers !!!!
Newsgroups: 
lugnet.market.buy-sell-trade
Date: 
Tue, 12 Jun 2001 17:55:30 GMT
Viewed: 
987 times
  
> > Money stealers !!!
> Welcome to the wonderful world of Paypal...
> I had to open a German bank account, which costs me about $3 a month so I
> could use the service.
But it works with Netherlands now too (your're form Netherlands right),
but drawback are those "excange rates" - which they also appy for Germany,
right?
..I knew something would go wrong - it was just "too cheap to be true" !

> You are off best by waiting with transferring till your at least above • $100
> or you'll lose a big part in the exchange process. I usually try to wait
> till my balance is over $200, although that hasn't happened much lately ;)

Well, it's actually the same excange rate is the same for any amount
so if you excange 10*10 $ you'll loose the same as if you excange 100 $
at once ! ... First payment that we recieved was around 400$ and we
lost around 30 Euros in the excange process !!!

For instance Paypal excange rate is 1.1140 Euro per dollar (today) while
XE says it's 1.18554 - applied to 100 $ - you'll get  118.5 at xe
or 111.4 from Paypal !!!

> Unfortunately , it's the only fast and reliable way of paying people in
> foreign countries at the moment. But as soon as some other way
> becomes  available which is cheaper, I'll make the switch.
We subsribed to BidPay recently and now avaiting first payment ...
we'll see how it's going to be !
Still American Express Travellers Cheques are our favourite !
Those are cheap, safe and we can cash any amount without
any problems or extra fees !!!

Enjoy !

P.S. Jan Albert - have you got our email regarding 6350,6375 etc ?

Dejan & Nives
Lugnet # 595
Brickbay: http://www.brickbay.com/store.asp?p=Dejan969



Message has 1 Reply:
  Re: Paypal - Money stealers !!!!
 
(...) Haven't tried anything here... a German bank account was pretty handy anyway since I do lots of business with German people and this way I avoid having to ship cash or cheques/money orders. And at the time I needed a solution for my Paypal (...) (25 years ago, 12-Jun-01, to lugnet.market.buy-sell-trade)

Message is in Reply To:
  Re: Paypal - Money stealers !!!!
 
(...) Welcome to the wonderful world of Paypal... I had to open a German bank account, which costs me about $3 a month so I could use the service. You are off best by waiting with transferring till your at least above $100 or you'll lose a big part (...) (25 years ago, 12-Jun-01, to lugnet.market.buy-sell-trade)

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