Paxum

[ariadarling]

Sorry I have another Paxum question. Do you get a better conversion rate of USD to GBP if you let Paxum do the conversion or your own bank?. If you just transfer the money to your own bank account do they automatically convert it and take out the fee?.

 

[lucymoonlight]

I always withdraw via local bank transfer, which is a SEPA payment. It converts to euro and then it'll convert to GBP somewhere along the way. The withdraw charge is $2.50. Ive always found the amount i receive in £ is very close to the current exchange rate.

Dont do the wire transfer as thats like a $40 withdrawal fee and takes longer to arrive.