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    Paypal exchange rate GBP - USD?

    Hi guys,

    I am about to send a paypal gift to a friend in America for £250, and just wanted to know if anyone knew the exchange rate paypal are currently charging?

    If I was to send in GBP, would the receiver get it in USD if he has an American account?

    Also, if I send by paypal gift, although he is in USA, none of us will need to pay any 'extra' fees?

    Cheers guys!

    8 Comments

    havea read through this aswell, might help
    paypal.com/us/…ide

    Original Poster

    Thanks for the reply guys!
    Looked at the paypal link, and from what I can see, I need to send it in USD first, which isnt a problem!

    Anyone know of any recent exchange rates, in the past couple of days, just so I have an average figure to be looking at.

    Basically, what I want to know is: Will Paypal charge more or will sending a cheque have more fees?

    Banned

    Last week , i used it........ the rate from paypal was a horrible......................... 1.44 !!!!

    Banned

    It was $1.44 this morning with Paypal.

    Paypal rates are pretty competative compared to bank/tourist rates.

    Original Poster

    Thanks for all the replies everyone, rep left :thumbsup:

    how do you check what the current rate is?
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