$ to £ How does it work

[xAndyJ92]

Hi Community,

I have just been sent a payment online which I was expecting from a site where I had credit in $ to my PayPal account. I however have received a lot less in GBP (£) then the standard current conversion rate of 0.71. How was this calculated by PayPal to pay me this reduced amount or are there other fees included with transfer of currency?

Many thanks for your support in advance.

Andrew

[kernowlass]

@xAndyJ92

https://www.paypal.com/gb/selfhelp/article/how-does-paypal-calculate-currency-conversion--exchange-r...