Where is my Money going??

[iansims08]

Hello. I am a UK based Paypal user, and I have a personal account, not a business one.

For the past few weeks I have been making $5 online everyday. I checked how much $5 is in great british pounds, and it is £3.32. I realized that I wasn't getting that. The highest I was ever paid was £3.26.

I accepted that, because I know that there are conversion fees, but then for the same $5,  began to receive £.3.24, then £3.22, then £3.20, and now today, I received £3.19 for the same $5 that I earn every day.

Is there anything that can be done about this. I have no other source of income but this online gig, and Paypal stealing my money is really frustrating, when I need it for other things.

Thanks.

[snowshoe]

Here's two currency converters:

Yahoo:

http://finance.yahoo.com/currency-converter/?amt=5&from=USD&to=GBP&submit=Convert#from=USD;to=GBP;am...

XE:

http://www.xe.com/currencyconverter/

They seem to be accurate.  You can check the rates daily.  For today, 03/23/2013 at 7:45 am the conversion is 3.28 pounds, per your post you said 3.19, as they don't match, not sure why.  You should run some more checks and if consistently off, suggest contacting customer support for assistance.

[iansims08]

Thank you so much for your response 😄

I have email paypal about this twice now, and haven't received so much as a whisper in response. So what would you suggest, that before I cash out with the site that pays me my daily $5, that I check the conversion rates and make sure that they are high enough for me?

If I do that, then can the money still decrease by the time that it is deposited into myPaypal account. I really can't afford for the money to keep dropping like this, and since Paypal aren't responding then I need to come up with a strategy. I usually cashout as soon as I am finished working, and the time is 20.00 over here in the UK right now, so should I cashout in the evenings to make sure that I don't get robbed?

Thanks again

[snowshoe]

Unfortunately I'm not sure one solution is better than another, as rates can go either way.  I'm not a lucky gambler so your choice is probably better than my guess.

[iansims08]

Ok then, well thank you for your advice and assistance. it is greatly appreciated. I will not drop this case until Paypal respond to me about this, if my money keeps decreasing everyday. I put a lot of work into earning that $5. I want to retain as much of it as possible.

Thanks again, and take care. X