Request funds in Euros without paying additional fees

I'm requesting money from friends in Europe and would like to do this in Euros for my UK PayPal account. Is there any way that I can get them to pay the equivalent £ without finding that I end up receiving less due to PayPal transaction fees? 

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3 REPLIES 3

kernowlass
Esteemed Advisor
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@spottedgiraffe 

 

Are you requesting / are they sending the funds in euros?

Have you added euros as a receiving currency in your paypal wallet?


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Thank you for the quick response. I already have Euros in my Wallet. I would like to make the request for 26.77 (the equivalent of £23.26) and 26.37€ (the equivalent of £23.01) as the friends live in Spain and France respectively, but don't want to then find that once they've paid, its less than what the original request was made for due to PayPal charging Transaction Fees.

How do I add Euros as a receiving currency?

 

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kernowlass
Esteemed Advisor
Esteemed Advisor

@spottedgiraffe 

 

A lot depends on how they are sending the funds ie goods/services or friends/family.

If you are ''requesting'' the funds then that would be a goods/services payment.

You may also face cross border fees, fees are in this link.

https://www.paypal.com/webapps/mpp/paypal-fees

 


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