Paypal and moving to another country (Italy to Australia)
Thread poster: Kimmy
Kimmy
Local time: 06:02
Italian to English
+ ...
Apr 25, 2006

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]


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Heather Chinchilla
United States
Local time: 16:02
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
Local time: 22:02
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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Kimmy
Local time: 06:02
Italian to English
+ ...
TOPIC STARTER
I haven't looked into Moneybookers Apr 26, 2006

....
It doesn't surprise me that they say open a Premier account, That way they get more money!

Curious to see what other people have done when moving from a EU country to a NON-EU country!

Kim


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Sofia Ortega
Local time: 22:02
English to Spanish
+ ...
hehe Apr 26, 2006

Yes, your are probably right!

Best of luck.


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Paypal and moving to another country (Italy to Australia)

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