Who covers the currency conversion fees?

[TGlogovac]

Hi, I would like to know:

Who covers the currency conversion fees, i.e. me, the recipient or the sender?  Does the sender get to choose, like they do with the sending fee?

Thanks so much!

[PayPal_Dian]

Hi TGlogovac, 

Thanks you for posting in our Community and welcome. 

There are several options on the currency fees. It depends on how the money is being sent.

-If the payments are made through a website and the receiver only accept payments in a local currency the sender would pay the conversion fees. 

-If a personal payment would be made the sender of the money can choose in which currency he wants to send the money. So either the sender or receiver can change the currency. 

-If the receiver has several currencies added to the balance it would mean that he can receive money in different currencies. He could use these balance for making payments in those currencies so no conversion rate would be taken. 

So it would depend on how the payment would be send. 

I hope this helps. -Dian

[lindis]

Hi

I have sold 2 items on ebay and the buyers are from USA.

I seem to have been charged very high fees, certainly more than the normal 3.4%

I would ahve thought that the buyer should pay any currency exchange fee.

I rember buying something form Amazon France last year and the currency exchange fee was payable by myself...why is Paypal different?

At this rate it almost looks as if the seller is subsidising the GolbalShipping program...how can this be fair.

Thanks

lindis