PayPal Community

It seems I lose so much in transferring pounds from my UK bank account to my US bank account. Is there an easier and less expensive way to do this through some other company? ... View more

I wonder why that once the foreign exchange has been made and the funds are in my PayPal account balance why does it take 3 days to transfer it to my bank...I thought it would be an instant transfer since the funds are in the PayPal account??? Any answers out there? ... View more

I was wondering the same thing but appreciated the reply someone made to your question. What I don't understand is if the rate of exchange according to Wall St. is $1.51 to the British pound, how can PayPal pay a rate of $1.46? Also, once the exchange has been made and the funds are in my PayPal account balance why does it take 3 days to transfer it to my bank...I thought it would be an instant transfer since the funds are in the PayPal account??? Any answers out there? ... View more