Perhaps this PayPal FAQ page can provide some answers for
you.
Thanks, 6$pack. I went, I read, I got pissed. Here's some of their
nonsense........
" PayPal is not a currency dealer and therefore must purchase foreign
currencies from its bank. PayPal receives a quoted wholesale rate from its
bank (twice a day) and adds a 2.5% spread above this rate to determine the
retail foreign exchange rate that is applied to customers who make a
transaction that involves a currency conversion (such as a payment in Euros
from a U.S. dollar balance), or a withdrawal of dollars by a U.K. user to
his local bank account. The dollars must be converted to pounds sterling
before withdrawal."
I have NO idea what this means..............All I know is that the author of
Ifranview (God speed to him), will not get any funds tonight.
JR