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since ‎Aug-15-2022
Country: Thailand
Type: Business
SkootNow
SkootNow Contributor
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Re: Automatic Currency Conversion despite Preferen...

by SkootNow Contributor in Transactions Archives
‎Aug-16-2022 12:37 AM
‎Aug-16-2022 12:37 AM
@sharpiemarker I'm inclined to think it is not because funds are on hold.  Amount received in the transaction has already deducted merchant fee AND currency conversion fee.  Fee would have to be reversed to settle in USD - highly unlikely.   Correct on the other front - included it for context.   PayPal is absolute trash to be honest - Borderless Crypto Stablecoin payments need to replace this entire infrastructure.  I get a new flavor of error literally every time I try to do something.  ... View more

Automatic Currency Conversion despite Preference S...

by SkootNow Contributor in Transactions Archives
‎Aug-15-2022 11:54 PM
‎Aug-15-2022 11:54 PM
Setting is as follows to NOT convert payments to Thai Baht currency, and instead keep balance as originating currency.  Yet despite this, payment on an invoice (denominated in USD) was automatically converted at PayPal's exorbitant currency conversion fees.  What's going on?   ... View more
Labels:
  • Labels:
  • Receiving Money
  • Transaction Fees

Sorry this payment cannot be completed due to regu...

by SkootNow Contributor in Transactions Archives
‎Aug-15-2022 10:39 PM
‎Aug-15-2022 10:39 PM
Payment from US-Based personal account to Thai Merchant account are being denied due to "Sorry this payment cannot be completed due to regulations".  Both accounts are fully verified, neither country is on a restricted list - this error should not be occurring.  What is going on?         ... View more
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