08 July, 2013

PayPal And Currency Exchange

It is said that PayPal's exchange rates aren't as good as your bank's - you'll save money by letting PayPal charge you a foreign currency, then letting your bank convert. I tested this out:
  • EUR 10: PayPal SGD 17.22, bank SGD 17.12
  • USD 15: PayPal SGD 19.66, bank SGD 19.63
So, it is slightly true, but only by 0.2 to 0.6%.

No comments:

Post a Comment