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Dej'an wrote:
> I found another discussion regarding "our issue" on
> Lugent.market.theory...
>
> I guess you know "Brickhead" - this is what he wrote (to Paypal) :
>
> > I was disappointed to find out that PayPal has the worst exchange fee I
> > ever encountered in my life (6%). You do not state anywhere on your
> > web page the exchange rates you are applying to transfers from
> > US$ to Euros. In my humble opinion this is bad business, and close to
> fraud
>
> He is German .. so they took him 6% - as much as they took from Gerard &
> me, so I just don't understand how come that they took only 1,5% from you
> ??? So as far as I understand - you told 'em (before transfering money
> from your
> Paypal to your bank account) that you want DM - or what ?
Let me re-calculate then... problem is I do my math in guilders, so if I'm
off on the exchange rates for a few cents I get 3 times the error (US$ ->
Euro -> DM -> Guilder)
OK here we go
Euro exchange rate last week according to paypal:
$1 = Euro 1.1084
According to OANDA currency converter
$1 = Euro 1.17
So it's about $0.05 per dollar, or 5%...
Looks like I was off indeed.
( I get paid in Euro's as well by Paypal. At least the bank doesn't slap me
with additional Euro-DM exchange cost)
--
Jan-Albert "Anvil" van Ree | http://www.vanree.net
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Message has 1 Reply:
 | | Re: Paypal - Money stealers !!!!
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| (...) See ... You probably haven't noticed when converting smaller anounts but when you are supposed to get like 400 $ and get around 378 it is a loss ! (...) me (...) Sure while for EU as well as for most non EU banks all Euro currencies are (...) (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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| 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)
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