Paypal conversion from usd to INR

[beurasudip]

Hi all,
When Paypal transfer the revenues I got from Fiverr to my indian bank account it uses lower rate of conversion from USD to INR than the current rate…

Can we do anything about it or we have to just accept it ?

[emmaki]

That’s something you need to take up with PayPal rather than Fiverr. I’d just accept it, since PayPal is known for these tricks, and complaining won’t get you anywhere (believe me, I’ve tried!)

[beurasudip]

yea I am not complaining against Fiverr ofc .Fiverr has no role in this trick .

[beurasudip]

Does the other withdrawal method Payoneer also do the same thing?

Indian sellers here please tell.

[beurasudip]

Bank Transfer fee of $3 will be applied per withdrawal. - Payoneer

I think Payoneer charges much higher than paypal

[kay2809]

That’s the fees anyone will take for the currency conversion. It’s not ‘free’.
Try switching to payoneer. It offers better exchange rate and doesn’t take withdrawal fees from Indian users except for the conversion which is still better than paypal.

[beurasudip]

Hi kay2809

But I read in forum that paypal is much better for indian users than payoneer.

see this

Fiverr Forum http://forum.fiverr.com//images/default-apple-touch-icon.png

What is the best way to withdraw money for indian sellers?

I had withdrawn some money using payoneer 2 days back and it charged me 8$ for the transfer of money to my local bank . How much does paypal charge ? , if i create my account at paypal to transfer my money to my bank , is it costlier or cheaper ?...

Reading time: 1 mins ? Likes: 2 ❤

[kay2809]

@beurasudip

http://i.imgur.com/x8SwIgc.jpg

[beurasudip]

thats good.My payoneer application is being processed here.How many days it takes to complete the processing?
Read in forums here payoneer give 50 usd free