How do I disable PayPal’s Currency Conversion

akredfearn
New Community Member

How do I disable PayPal’s Currency Conversion.

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53 REPLIES 53

whathuh
Contributor
Contributor
I dont know about you but I just used this right before I posted this.
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Flysporrts
Contributor
Contributor
My issue was resolved by contacting PayPal costumer support me the message center They adjusted to send me the payment in the same currency that I get. Thanks to PayPal costumer care.
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GegiZERO
New Community Member
They didn’t do this for me. I wanted to withdraw money from my PayPal account to my USD bank account in EU without their currency conversion and they said that this is not possible. 🥺
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Zoominl
Contributor
Contributor

November 2021 - You can link a debit card/Visa/Mastercard and then you can change the currency of the card. They will charge you a fixed fee (They charged me $2.50 for a $256 withdrawal to Card, instead of 30+EUR when withdrawing to bank with conversion) which is way better than a 4% or more conversion sc*am

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KP-Low
Contributor
Contributor
I was shocked after making an online payment to acloud.guru on a Black Friday for 209USD via paypal. The learning website is throw error on the credit card payment and I have to use paypal. There is a currency setting on the widget in acloud.guru payment page to change from SGD to USD. Upon paying, I realised I was charged to local currencies of SGD 299.xx, instead of USD209. I am using youtrip credit card that allows multi-currency and I already have usd in place. But the txn end up in SGD and ended up with another currency conversion of the usd to sgd at my card. I calculated and noticed a 4.5+% differences in the exchange I am forced to pay. Such a total rip off… probably the first and last time using this.
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7M33R
Member
Member

Hey guys there's a way to do it follow instructions here - https://travel-dealz.eu/blog/paypal-currency-conversion/#automatic-payments 

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paddle1
Contributor
Contributor

@7M33R wrote:

Hey guys there's a way to do it follow instructions here - https://travel-dealz.eu/blog/paypal-currency-conversion/#automatic-payments 


The problem is that that only works for existing recurring subscriptions. Every time you want to do a new payment PayPal will automatically charge you in your local currency forcing you to use their currency exchange.

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sonicwizards
Member
Member

This issue should be fixed. Paypal users ought to have the option to NOT automatically have their currency converted. 

 

When I get money in USD, it gets automatically converted to EUR without my consent, and they bill that conversion to me, making me lose money. 

This is absolutely unnecessary as I often buy services and goods in USD, so I'm effectively forced to pay for conversion twice when it's completely unnecessary at all. Just let me keep the USD on my account, for me to pay with. When I want to transfer it to my European bank account, I'll pay the conversion rate. Otherwise, it's completely unnecessary. 

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Rafx
Contributor
Contributor

These idiots from paypal steal money that way, there should not be conversion, you pay in usd so you are charged in usd, you pay in euro you are charged in euro and these morons always convert, so obvious stealing money. Where is Elon? Should fire most of them and would be better company.

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JeffreyLiving
New Community Member

Paypal is racist, unless you are American, purchasing in USD$ and paying in USD$ with a USD credit card.  I am Canadian, so they treat me differently.  My USD invoices, they want to exchange at a poor rate to CAD dollars.   On a $2,500 purchase, I would lose $180 on the exchange rate with Paypal.  I wish to make the purchase in USD$ and allow my credit card company to do the exchange.   But since Paypal is racist, they will not allow you to choose your payment currency.   Paypal only wants to do the transaction in there way that is beneficial to them.   

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