I had a quick question about Paypal. Lets say for example, my account is set for the euro dollar currency. If somebody sends me a payment in american dollars, will it transfer to euro? And If I send somebody euros, will it change to american dollars? Thanks.
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July 24th, 2008 at 8:27 am
Yes, PayPal automatically convert your currency to that which is needed, and the same goes for receiving money. PayPal uses the current exchange rates at the time of the transaction.
There is no charge for this service, and takes the calculation out of the equation!