HELLO I LIVE IN MEXICO BUT I HAVE MY PAYPAL ACCOUNT IN DOLLARS. I GOT A PAYMENT IN DOLLARS THAT I WANT MY BANK TO CONVERT INTO LOCAL CURRENCY BUT I (NOT PAYPAL) SO I GET A NOTICE WHEN I GO TO TRANSFER FUNDS IN THE TRANSFER WINDOW . SO FROM WHAT I UNDERSTAND IN THIS WINDOW PAYPAL WANTS TO DO THE CONVERSION INTO PESOS (AT A PRETTY BAD RATE ACTUALLY) FOR THIS CASE BEFORE AND THEN SEND IT AND ALSO CHARGE A FEE ON TOP OF THAT. CANT I JUST GET THE CONVERSION FROM MY BANK WITCH IS MUCH BETTER THAN PAYPALS ??? HELP PLEASE.. FROM PayPal balance USD TO Banco Regional de Monterrey SA x-8308 MXN AMOUNT $471.20 USD CONVERTED AMOUNT $8,434.63 MXN Processing time 4 - 6 business days Exchange rate $ 1 USD = $17.90033025 MXN. This rate includes our currency conversion fee. PayPal engages a financial institution to perform the currency conversion; the exchange rate is determined by the financial institution.
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