paypal exchange my money?

[natallia100]

Good evening, does anyone know why paypal is converting my deposit to my account? the account is in Ukraine, but in euros, the money is sent from paypal to the account in euros as well. paypal charges an exchange fee in hryvnia, but it arrives on the account in euros, only 4% less.

thanks

[sharpiemarker]

@natallia100 

PayPal always withdraw in your native local currency, except if you’re allowed to link a US bank account that has a ABA Routing number, then you can withdraw in USD.

”If you hold a balance in your PayPal account:

• You may only withdraw the balance in the opening currency of your account or such other currency that PayPal supports for withdrawal in your registered country/region. In order to withdraw the balance in your account which is held in another currency you will have to convert the currency to the opening currency of your account, or it will be converted for you at the time of your withdrawal. PayPal's transaction exchange rate, including our currency conversion fee, will be used.“

https://www.paypal.com/ua/webapps/mpp/ua/useragreement-full?locale.x=en_UA#currency-conversion

While PayPal is temporarily waiving fees for Ukraine users, exchange rates and third party fees may still apply.