OzVMX Forum
Clubroom => General Discussion => Topic started by: Hoony on December 19, 2012, 07:25:45 pm
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what gives >:( just got a $0.92 exchange rate for yankee doodle dollars to Fair dinkum dollars when i withdrew to a bank account. what an absolute rort forkin bananas
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Yep it is bullshit. >:( 1 Aus $ right now is $1.056 US !!!!!!!!!!!!!!
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Don't forget the banks have different buy and sell rates
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I'd be ringing my bank and asking them to "please explain"
I know Pay Pal charge .03cents in the dollar as an exchange rate to USA
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I did an overseas transfer via the bank and got ripped. I said to the teller that the exchange rate is crap as no one actually gets it. I knew I should have been a bank when I grew up.
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every time I buy from overseas. paypal is usually 2 cents below the exchange rate. it pisses me off but it seems to be one of the least risky ways to deal.plus its just a cost I can pass on in the parts price.
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If you've got paypal hooked up to direct debit your bank account it's not to bad. But I don't like that idea. I have it hooked up to my credit card, but then you are hit with another conversion fee by the credit card provider. So I try to use the credit card as much as possible and only use paypal for ebay.