I'm totally sick of this too - it's been like this for years! I have UK domiciled USD account and I need to move USD funds in & out of Paypal into my USD account - WITHOUT THEIR STUPID RIP-OFF conversion rates!!! PayPal is totally incompetent and they DONT want to enable this because they make HUGE profits everytime you convert currency - for example: if you have $5,000 to transfer into your USD account then Paypal (stupidly!) converts it into GBP and then your bank converts it back from GBP into USD again - that's double RIP-OFF. I noticed when GBPUSD rate was 1.21 Paypal offered 1.25, so $5000 would turn into £4,000 (instead of £4,132) = Paypal made £132 on this conversion. Worse yet your bank will use just as bad rate converting it back which means (at around 1.17) your £4,000 is turned into $4,680 so you just lost total over $300 on this. Anyways there are now more providers coming to the market cutting Paypal's ridiculous FX margins from 3 or 4% to 0.0something or almost no FX spread at all, so either Paypal changes their greedy policy or competition will completely annihilate them. I know of the card provider I linked my GBP, EUR and USD accounts (all in UK banks) and send the relevant currency to my card and it stays UNCAHNGED and if I want to exchange it I get FX done at 0% margin a send myself the other currency back. Now that's the future!
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