PayPal Unwanted Currency Conversion

TheoPenny
Contributor
Contributor

Hi there,

 

My name is Theo. My wife and I live in Bulgaria and our work is payed through PayPal. Our bank accounts (that are linked to PayPal) are in Bulgarian Lev but we get payed to PayPal in USD. When I transfer the USD to our Bulgarian accounts, PayPal firsts converts the money into EUR, then sends EUR to our accounts. This means the money goes from USD > EUR > Bulgarian Lev, and we lose a bit of money in that transfer. I'm wondering if it is possible to send the money to our account as USD and not do the conversion to EUR. So send the USD from PayPal straight to the bank, so that the only conversion rate will be USD > Bulgarian Lev.

Thank you very much for your help!

 

Regards,

Theo  

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