If I use PayPal to pay 300 EUR how much GBP?

MrBroccoli

Hi,

Is there a way to find out how much I will be charged in GBP if I pay 300 EUR for a product?

Thanks,
MR B

bris

https://www.paypal.com/uk/webapps/mpp/cross-border-and-conversion-fees
Believe it or not it was the top answer in the search.

HotDealsStuff

It is going to be a small fee, nothing to worry about.
You can always use google to calculate an estimated rates
Example from the Google Search (Just type 300 eur to gbp)
300 Euro equals
251.57 British Pound
Plus some euros for the fee. +/- 5 or 10 euros

MrBroccoli

bris wrote: »

https://www.paypal.com/uk/webapps/mpp/cross-border-and-conversion-fees
Believe it or not it was the top answer in the search.

Yeah I found that. I was actually thinking what exchange rate do paypal use.

mwarby

Try logging into paypal, then click on this link

https://www.paypal.com/gb/cgi-bin/webscr?cmd=_profile-currencies

if currency list in form is GBP only, select balance conversion, then payment conversion and it should load

300 euro to pounds, selecting payment gets me

371.24 EUR (1 EUR = 0.808118 GBP)

edit:sorry that was 300 gbp in euros

261.35 GBP (1 GBP = 1.14789 EUR)

eDicky

mwarby wrote: »

261.35 GBP (1 GBP = 1.14789 EUR)

If that's the rate PayPal is giving today, it's pretty awful. You need to compare with current mid-market rates such as on xe.com - currently 1.192

glider3560

If you pay with PayPal by credit/debit card, there is a (well hidden) option to allow your card processor to do the currency exchange, instead of PayPal. The exchange rate will almost always be better, but you'd need to check your bank's fees for foreign currency payments.

mwarby

Revolut I think allow you to do transfers, theres been some changes since I last used them for holiday money(withdrawal limits per month). I belive they give you upto date mid market rates

If you've got a fee free card you can pay off very quickly using that with paypal sounds best, but I think the 2/2.5% commission paypal charges is similar to most normal credit and debit cards