I just made 2 purchases from a Hong Kong seller. The following message came up in the email receipt:
"Rate of Exchange: The above exchange rate includes a 2.5% spread above the wholesale exchange rate at which PayPal obtains foreign currency, and the spread is retained by PayPal. If and when the Recipient chooses to withdraw these funds from the PayPal System, and if the withdrawal involves a currency conversion, the Recipient will convert the funds at the applicable currency exchange rate at the time of the withdrawal, and the Recipient may incur a withdrawal fee."
Does that mean my credit card will be charged an additional fee for the Chinese currency to be converted to US Dollars?
If so, I will need to cancel the orders. Answers soon, please. Thanks.
