How do I calculate how many USD to send for the recipient to receive an exact amount in euros?

[tomvalois1]

I need to make a periodic payment to a landlord in the Netherlands. I need him to receive exaclty 600 euros. I tried doing that with Paypal today with U.S. dollars, but he said he only received 573 euros in his Paypal account. There are obviously fees on his end, or a sizeable gap between the bid and the ask price for euros, or a combination of both. But it seems there must be a way for me to send an exact amount to someone. Can anyone help?

[Whac-A-Mole · Accepted solution]

you sent goods and services,so Paypal cut is 30 cents plus 4.4% for cross border transaction,recipient pays the fee.

if you want him to get $600 euro,you need to fork over euro 626.70 .

you can use friend and family,but Paypal would review it,do it too many time,sPaypal may disallow it.

[Whac-A-Mole]

You use US dollars?

then there is 3% conversion fee and the exchange rate between euro and US $,US $ is weaker than euro $,is it not?

you eat 3% conversion fee? 

[Whac-A-Mole]

alternatives,-Thomas cook,AMEX and major banks ,money gram,western union.

[tomvalois1]

Your answer matches the math in my tansaction perfectly. 4.4% is a pretty high fee, considering they already low-ball the exchange rate on euros. The effective exchange rate including all the fees is almost as high as it would be if I sent it by Western Union. Maybe I'll see if the landloard will agree to a different payment method.