Microstock Photography Forum - General > Newbie Discussion

Paypal?

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trabuco:
Hi:



Do you know which is the better way to earn the royaties from microstock in the EU? I've phoned paypal (my current option) and they told to me that I can't transfer USD to another account in USD before and euro conversion. I mean, if I have have an account with the US code (like in transferwise f.i.) paypal first change my USD to euros and then transfer the euros to the USD acount (which is great, still thinking if this was a joke from the operator).

So, I have to pay their change commision in any way and always transfer to local currency first.

I've read that transferwise have lower change and transfer fees, so I thought to transfer from paypal to tranferwise the USD and then to my local bank in euros.

But I think that I'm tied to Paypal.

(apologies for my English)

Microstockphoto:
as far as i know if you have a us dollar account you can transfer your funds in usd - some bank in europe offer usd accounts,

ccbcc:
I dived into this a while ago, because it costs me hunderds of dollars a year. I can actually open a USD account with my bank, but Paypal will still only send euro's because my bank is not in the USA... They will only send dollars to an american bank account.

ccbcc:
More here: http://www.microstockgroup.com/paypal/avoid-paypal-currency-exchange-fees-(dollar-gt-euro)/

qunamax:

--- Quote from: ccbcc on January 30, 2019, 10:23 ---I dived into this a while ago, because it costs me hunderds of dollars a year. I can actually open a USD account with my bank, but Paypal will still only send euro's because my bank is not in the USA... They will only send dollars to an american bank account.

--- End quote ---

Same here, bank account specified to handle both USD and EUR and I always get sent in EUR from paypal.

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