PayPal in a foreign currency!

[Coin_Hunter 0]

Anyone know how to set up a separate account in PayPal to deal with foreign currencies?

PayPal doesn't explain it.

Matt

[RLC35 288]

Matt,

When you direct payment to someone with paypal, there is a drop down menu just below the currency amount location. That drop down menu allows you to "select" what currency type you want to pay with...Pounds Sterling, US Dollars, Australian Dollars, etc.

You do not have to set up a differant PayPal account to pay in a differant currency than your local currency. That is one of the really nice things about PayPal. I use it all the time to take US Dollars and pay someone from England in Pounds Sterling.

Bob C.

[Coin_Hunter 0]

Never noticed that simple thing - and this saves money at the other end right?

[RLC35 288]

Paypal charges a "favorable" exchnage rate, which is a little higher than you could get at a bank, but it is negligable when compared to the convenience of paying someone in their own currency. It also allows you to get your coin shipped quicker, which also is a big plus to me.

Paypal is owned by eBay, but it is accepted at many on-line department stores, etc. so it can be used for more than coins.

Have a nice Labor Day weekend!

Bob C.

[Coin_Hunter 0]

I don't celebrate such an unusual Holiday

[Gary D 76]

I don't celebrate such an unusual Holiday

Assuming you are in the UK, you don't take the 1st Monday of May as a holiday then?