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I have recently moved to Australia from Italy and am in a sitaution where to receive payment from my usual clients is getting expensive with bank transfer charges. I want to set up my paypal so that they pay me that way but I am unsure of a few things: 1. Should I open a Personal or Premier account? 2. Are the charges and their exchange rates OTT (I read that they are fixed by paypal themselves)? 3. It states that you pay 2.4% with the premier account when withdrawing funds up ... See more
I have recently moved to Australia from Italy and am in a sitaution where to receive payment from my usual clients is getting expensive with bank transfer charges. I want to set up my paypal so that they pay me that way but I am unsure of a few things: 1. Should I open a Personal or Premier account? 2. Are the charges and their exchange rates OTT (I read that they are fixed by paypal themselves)? 3. It states that you pay 2.4% with the premier account when withdrawing funds up to 5000 AUD and then 2.5% spread on currency conversions! What is a "spread" exactly?
I really do not want to be handling payments and taxt issues from across the globe so I need to find an answer to this! Any ideas!!!!??????
Kim
[Subject edited by staff or moderator 2006-04-25 13:14] ▲ Collapse
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Heather Chinchilla United States Local time: 20:08 Spanish to English + ...
Moneybookers
Apr 25, 2006
Have you checked out Money Bookers? They're supposed to be good for taking international payments. I signed up for both Pay Pal and Money Bookers, but haven't used Money Bookers yet. Maybe others have tried it and would care to share their feedback?
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Sofia Ortega Spain Local time: 02:08 English to Spanish + ...
Hi Kimmy
Apr 25, 2006
I have recently set up my PayPal account and I had exactly the same doubt you have now. I call them up and I was informed that is better for you to set up a Premier account as you will need to both pay (well, I am assuming you may use Paypal to buy something on the Internet or get registered somewhere too, like this site) and receive payments.
Good luck! I dream about moving to Australia too..
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