PayPal Exchange Rate & Canadians - Kawasaki KLR 650 Forum
The Off Topic Lounge The area for all things off topic. Keep it clean, and keep it friendly.

 
LinkBack Thread Tools Display Modes
post #1 of 1 Old 03-07-2016, 11:26 AM Thread Starter
Moderator
 
klr4evr's Avatar
 
Join Date: Mar 2007
Location: Fort Sask , Alberta, Canada
Posts: 3,468
Garage
Send a message via Skype™ to klr4evr
PayPal Exchange Rate & Canadians

one of my pet peeves with PayPal has always been the fees they award themselves to convert my CDN funds to US. Recently wanted to purchase a couple ties I can only seem to get on eBay. Did a bit of searching around to see if there was a better way than PayPal. What I found was a post on another forum I use occasionally that advised as follows. Just passing the info along to other Canadians who may be in the same boat as me.

Just want to post this for people to save some money.

When purchasing something with foreign currency, Paypal's default payment option is to use Paypal's own currency conversion then bill your CC's source currency.
This can go against you if you have a credit card that does not have 2.5% fee (i.e. Chase Sears, Amazon, Marriott CCs).

To change your currency default option, do the following:
My Account -> Profile -> My Money -> My preapproved payments -> Update -> See Available Funding Sources (or Set Available Funding Sources) -> Conversion Options (for card you'd like to change this option)-> Bill me in the currency listed on the seller's invoice -> Submit

Hope, it helps. I found that I had to jump through a few hoops ion the PayPal site to do this. Included having to change to the Classic site view.

My Kaw Barn - 2004 KLR, 2006 Concours (sold), 1997 Bayou 400.

"It's a friggen motorcycle, it's not supposed to be comfortable, quiet or safe. The wind noise is supposed to hurt your ears, the seat should be hard and riding it should make you shit your pants every now and then. "

<--- Please fill in the 'Location' on your personal profile page. User CP/Edit Your Details

This information makes it much easier for other members to answer/comment on your posts.
klr4evr is offline  
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Kawasaki KLR 650 Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
KLR650 Labor Flat Rate Times Normk 2008+ KLR650 Wrenching & Mod Questions 3 01-09-2014 09:39 PM
spring rate? riggersg1 Other KLR's - 250, 600, Tengai, C Models, KLX... 1 12-21-2013 04:40 AM
Canadians, Watch Out For Those Wolves planalp The Off Topic Lounge 3 06-26-2013 08:03 AM
Rate Your Ride! cherokee_chuck Travel Log & Trip Reports 5 04-17-2010 08:49 PM
Paypal phishing heads up ham! KLR & Other Motorcycle Related Discussion 6 11-17-2006 10:52 AM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome