How to disable double conversion in PayPal
What is double conversion
Let's say you have a dollar card and you're paying for a purchase in dollars. Sounds logical, but by default PayPal does something unnecessary: first, it converts the amount into rubles (or another national currency), sends it to the bank, and the bank converts it back into dollars – at its own exchange rate. As a result – you lose on the exchange rate difference. This is especially noticeable on large purchases.
How to disable it – in 2 minutes:
1. Go to PayPal and open «Profile»:
2. Go to the «Payments» section and click the «Manage pre-approved payments» link.
3. Select «Set available funding sources».
4. In the list of cards linked to PayPal, select the one for which you need to configure conversion, and click the «Conversion options» link.
5. Now all that's left is to choose who will convert the funds – PayPal or your bank. In our case, we choose the second option – «Please bill me in the currency listed on the seller's invoice» and click the «Submit» button.
