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Dej'an wrote:
> > > 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" !
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 problems the German account was the only way. Never
looked since, as I am quite happy.
> > 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 !!!
Hm OK. I thought you meant a fixed fee.
> 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 !!!
Converting from US$ to German Marks wasn't that expensive, I lost like 1 to
1.5% per exchange transaction. Not much different from a bank.
> > 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 !!!
Hmmm I can't :-( My bank still charges me about $8, for whatever
cheque/money order I want to cash.
My favorite is a bank transfer, but those cost the sender quite a bit (up
to $10) and can take 3-4 weeks.
I've had VERY bad experiences with BidPay as a buyer, as a seller it's just
another money order, and I hate those things... I can only go to the bank
once a week due to work hours :-(
--
Jan-Albert "Anvil" van Ree | http://www.vanree.net
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Message has 4 Replies:
 | | Re: Paypal - Money stealers !!!!
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| "Jan-Albert van Ree" <javanree@vanree.net> wrote in message news:GEtxtG.210@lugnet.com... (...) No, the thing is - they never mentioned anything about not beeing able to transfer US $ to European bank accounts so they just transferred Euros with (...) (23 years ago, 12-Jun-01, to lugnet.market.buy-sell-trade)
| | | Re: Paypal - Money stealers !!!!
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| I found another discussion regarding "our issue" on Lugent.market.theory... I guess you know "Brickhead" - this is what he wrote (to Paypal) : (...) fraud He is German .. so they took him 6% - as much as they took from Gerard & me, so I just don't (...) (23 years ago, 12-Jun-01, to lugnet.market.buy-sell-trade)
| | | Re: Paypal - Money stealers !!!!
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| "Jan-Albert van Ree" <javanree@vanree.net> wrote in message news:GEtxtG.210@lugnet.com... (...) No, the thing is - they never mentioned anything about not beeing able to transfer US $ to European bank accounts so they just transferred Euros with (...) (23 years ago, 13-Jun-01, to lugnet.market.buy-sell-trade)
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Message is in Reply To:
| | Re: Paypal - Money stealers !!!!
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| (...) 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" ! (...) $100 (...) (...) (23 years ago, 12-Jun-01, to lugnet.market.buy-sell-trade)
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