Here it comes the questions regarding foreign currency purchase and refund: I want to know, if I purchased an item from UK website charging me in GBP, paypal charged me in AUD after conversion, if I do a refund, would I be refunded in full amount of AUD as whatever I paid? From the paypal official website under User Agreement, section 14.6, it says: "14.6 When you send a payment in which you perform a currency conversion using PayPal (i.e. converting the currency in which you fund your payment into the currency to be received by the recipient) and later there is a refund, return or Reversal, we will generally reverse the currency conversion and complete the refund, return or Reversal in your funding currency using the exchange rate which prevailed on the date of the original transaction." It seems from the above that it is very clear that they will use the same exchange rate on the date when they charge ur bank in AUD by converting (in this case) the AUD to GBP as the seller price is in GBP. HOWEVER, I also saw another posted by another customer in 2012 (sadly remained unanswered) saying he was refunded in foreign currency in full amount but after converting to his home country currency, he lost some money, meaning PayPal didn't refund him in full amount- not using the exchange rate which prevailed on the date of the ORIGINAL transaction- because if so the exchange rate charging you and refunding you should be the same, meaning you get refunded for exactly for what you paid for. So can anyone answer me whether I'll be refunded in full- definition is, refund whatever exact amount I paid?
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