Cam chat pay using paypal
In this case, the exchange rate you’ll get will be the base exchange rate, plus a markup of 3.5% if your Pay Pal account was opened in the UK.
The same transaction from Australian dollars would include a 4% markup.³ Full details of the exchange rate markups used, by currency, is available online at the Pay Pal website.
This means that they’ll likely take the mid-market exchange rate - which is the rate you’ll find on google or using an online currency converter - and then add a margin to it before converting your currency.
The margin added will depend on the currency, and the exact transaction you’re carrying out.
If you don’t have a Pay Pal account, you’ll need to contact their customer service team as a guest.
You want to transfer this money directly to your UK sterling bank account.
There’s just an upfront fee to pay instead, which can work out much cheaper than withdrawing foreign currency using Pay Pal.
Pay Pal offer a linked debit card, called the Pay Pal Access card, for UK customers.
You can apply for a Pay Pal Access card if you’re aged over 18, resident in the UK, and have a verified Premier or Business account with Pay Pal.
You’ll apply online, by visiting the Pay Pal website, and following the steps on screen.³ If your application is approved, your card will be posted to your registered address, usually within about 15 days.