why is it that paypal conversion is always too low>_<

[keruchan]

Tweet

Hi anyone of you knows why the paypal conversion is too low? alam ko dun sila kumukuha ng fee for processing for withdrawal that's why pag less than 7000/$150 ung withdraw may fee na 50 peso. sa maliit na halaga medyo di masakit tingnan ung low conversion, pero sa malake narandaman ko umabut ng 2k. + 200peso pa kasi may bayad sa BDO. pero any other reason bukod dun? lumalabas na ang laki ng fee nila, talo pa nila ung western union na umaabut ng $25 per transaction + third party.

todays forex $1 = 48.06,  papal conversion is $1 = 46.7 that's around 2 pesos for every dollar. prang gusto ko mag open ng dollar account >_<  pero wala ako makitang paypal to philippines dollar account, pag click mo ng withdraw to phil bank account peso ang pinag uusapan.

btw thanks again to ms petchay sa VCC last month ^^.

[Ping]

Tweet

Doon yata actually kumikita ang PayPal, sa "spread" ng conversion.

Wala talagang option na withdrawal to Philippine bank na USD account eh.



 

[keruchan]

Tweet

oo nga eh, pero sana may special silang offer sa mga nag wiwithdraw ng more than 1k dollars ang sakit kasi, dalwang lingong grocery or isang bongang date sa gf mo na ung nakaltas >_<.

[dreamcatcher]

Tweet

Paypal is not responsible for this, they they have convertion rate. The amount converted is based on the Visa/mastercard exchange rate from the Bank Of America.