Paypal Currency Conversion Warning – they reset the conversion option without any notification

http://www.youtube.com/v/CcVvvDgoqsw?fs=1

PayPal recently reset my Currency Conversion option to their default setting (WITHOUT MY KNOWLEDGE) which costs A LOT more than what I used before, and I only noticed it because it was a large transaction, which means it could have costed me even more if I haven’t noticed it right away!!
In the video I show how to reset the conversion option back to my setting, but I am still not sure it will work, SO MAKE SURE YOU ALWAYS CHECK YOUR TRANSACTIONS and which currency conversion PayPal used!!

If you would like to help the channel going, or feel VERY grateful for the info you got, you can donate by clicking here: https://www.paypal.me/watchgeek

Check out my Facebook page:
https://www.facebook.com/WatchGeekYTChannel/

Paypal Currency Conversion Warning - they reset the conversion option without any notification

PayPal recently reset my Currency Conversion option to their default setting (WITHOUT MY KNOWLEDGE) which costs A LOT more than what I used before, and I only noticed it because it was a large transaction, which means it could have costed me even more if I haven't noticed it right away!!
In the video I show how to reset the conversion option back to my setting, but I am still not sure it will work, SO MAKE SURE YOU ALWAYS CHECK YOUR TRANSACTIONS and which currency conversion PayPal used!!

If you would like to help the channel going, or feel VERY grateful for the info you got, you can donate by clicking here: https://www.paypal.me/watchgeek

Check out my Facebook page:
https://www.facebook.com/WatchGeekYTChannel/
  1. thank you very much BUT what about withdrawal, my bank is in euro and I get pp payments in USD, what should I do for withdrawal?

  2. Jel imaš možda rješenje za povlačanje novca na svoju deviznu karticu. Mislim napravio sam deviznu baš radi paypala. I sad kad želim povuć USD na svoju karticu oni rade konverziju u kune prije isplate. Ne kužim zašto, kad je devizna kartica na koju se može uplatit i USD normlano ne treba mi konverzija u kune prije toga.

  3. Watch Geek, Actually, they did it on purpose, and it's not the first time. For the last 5 years I've been using PayPal services, they have been changing Conversion Option location in settings for 3-4 times, and each time Conversion Option defaulted to PayPal exchange rate. For now, the easiest way to recognize Conversion Option change is to look at the window that pops up when you sign in to PayPal during payment. If the billed amount is in HRK (for you, me and other fellows from Croatia, or domestic currency for other YouTubers) then you know they changed option to PayPal conversion, and you have to change it (it is easy, you just have to do couple clicks in that pop-up window). If the billed amount is in EUR (or USD or other currency listed on the sellers page), then everything is fine, and your bank will do the exchange.

  4. Wow, your English is simply brilliant!! Wow!! It's a pleasure listening to your voice and thank you for the advice

  5. Thanks for that. Maybe it wasn't done on purpose, but these little "glitches" rarely work in our favour. I predict that the currency conversion setting will be hidden deeper and deeper in obscure sub-menus…

  6. Saved me a lot.. tommorow would be a big payment for me.. and i noticed just today that one small payment i did today was converted from pp…

  7. This has already saved me money. I've also really enjoyed your other videos. Great channel!

  8. WTF all of my transactions were made with Paypal exchange😡Thats why there was always such a difference in the price, I just thought thats the only way it works. Thanx for the info and how-to man!

  9. Thanks for the informative video, call me skeptical, but I always assume that any "error" that makes paypal any extra money at all, even fractions of a cent, happen purposely.