Getting hit with a lot of fees for international payment?

[Stasha77]

HI!

I am a US citizen who is currently in the UK for a few months. I'm splitting rent with someone (a UK resident) and paying them through PayPal. Paypal has that handy tool where they do the conversion from USD to GBP for me. I know they are charging me a fee for doing the conversion or whatever. The problem is that my roomie on the other end isn't receiving the amount it says they should. Ex: I sent what was supposed to be 520 GBP (at least that's what I can see from my end) but they are only receiving about 490 GBP.

Not sure how the fees are hitting there. Paypal was convenient and I thought cheaper but with it double dipping from both of us it costs about the same as me just doing a wire transfer from my bank! Anyone tried Apple Pay from USD to GBP phones😂

[kernowlass]

@Stasha77 

Paypal is country specific so if you move countries you have to open another paypal account in the country you reside in and add an address / phone number / bank accounts / cards from within that country.

You should really withdraw any funds / resolve issues / remove cards and bank accounts before you move countries. If you don't then you may have problems doing so once you have moved and may need to contact customer services for help to resolve things.

There are some exceptions as some bank accounts can be linked to specific Paypal accounts in some countries.