How will PAYPAL debit this amount?

Today, I purchased something from an American online store that cost USD 76.01. I used PayPal as the payment method. PayPal fully accepted the payment, and the money will be debited from my bank account in a few days.

What I want to know now is whether PayPal will debit my bank account with €76.01 in euros, or does it depend on the euro-dollar exchange rate on that day? Has anyone had any experience with this?

Here is a screenshot of the payment:

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DummeStudentin
2 years ago

The amount is converted to Euro at the current exchange rate.

In the Paypal settings, you can choose whether the exchange rate of Paypal or your bank or Credit card should be used. Bank exchange rates are usually better.

Richi008
2 years ago
Reply to  Chocolate700

a few cents less.

DummeStudentin
2 years ago
Reply to  Chocolate700

Better.

ronnyarmin
2 years ago

You don’t need to have any experience, that’s what you need to know. The euro amount is calculated at the respective exchange rate of the debiting day.