Payment from Canada

dcanavan58
Contributor
Contributor

I am from the US and invoiced a client in Canada in CAD.     I received the funds and accepted the funds only to find out that the conversion rate was terrible.   I received $80 less than the conversion rate I am seeing on most converters on-line.   Is there a better way to do this so I don't lose so much money?   Would I be better off invoicing in US?    Or except the funds in CAD and send them to my bank?  Open to suggestions.

 

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3 REPLIES 3

sharpiemarker
Esteemed Advisor
Esteemed Advisor

Invoice in USD.


Kudos & Solved are greatly appreciated. 🙂
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lancelotme
Frequent Contributor
Frequent Contributor

why are you invoicing in CANADIAN DOLLARS while you are in USA.

what you see in those conversions table do not take into consideration bid and ask price.

Review the Payapl revised terms,it said 2 1/2 % plus bank rate (real time). 

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ShiraYuki
Frequent Contributor
Frequent Contributor

set your selling preference to not accept payments other than USD

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