Correct. He will receive the €1635.
I’m trying to pay for a watch in Euros via PayPal (private sale).
Ignoring the fact for a minute I’m probably getting my pants pulled down by PP on the exchange rate, the guy selling the watch wants €1635 NET to him.
Through PayPal I seem to have two options - either 1. choosing how much in GBP I want to send; or 2. how much the recipient receives, and it then calculates how much that will cost me in GBP.
So if I put €1635 into the ‘recipient receives’ box, is that how much he actually gets (and I’m paying the fees somewhere in there), or will he still be charged a fee himself?
TIA
It should also tell you what fees you pay (if you have to pay)...
I remember that at some point there was a fee for international payments but I believe it only applies under certain circumstances... Unrelated to currency conversion.
Last edited by gcleminson; 19th July 2019 at 11:36.