Hello my account is registered in Belgium but i have my british and belgian bank accounts verified on the paypal account.
I take payments in several currencies mainly pounds.
My paypal account shows me all the currencies i have availble so i recieve £100 into my paypal account and it shows as £100 i then transfer that £100 into a british uk account as pounds but i lost money. I recieved about £8 less. Why would paypal convert money from pounds to euros then to pounds again? Im getting stung 3 times for conversion rate. Also if i recieve pounds into my account and then transfer into euros i only get charged once. Could someone please help me understand why it shows i have £100 available but when i transfer the said currency i loose money? Is it a fault on paypals end?
Thanks in advance
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