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**Chris** · 14-11-2011, 14:49

So you're selling to customers in the Eurozone?

If so, I can understand why you feel it's less complicated for you to deal with the single currency than to have to deal with multiple ones.

I take bookings deposits via Paypal for our B&B but I operate the account in GBP because that's where I spend all the income. I'm going to pay an exchange fee somewhere along the way so I just take the hit at the point where the guest uses their euro-denominated credit or debit card to pay an invoice issued for Sterling. It amounts to a few pence over and above the usual Paypal fee for such a transaction.

But considering that Paypal does all the conversion and calculation for you, regardless of the currency (i get plenty of non-Euro bookings from around the world), is there really a material advantage in operating your Paypal account in the Euro?

14-11-2011, 14:49	#213
Chris Trollsplatter Join Date: Jun 2003 Location: North of Watford Services: Humane elimination of all common Internet pests Posts: 38,262	Re: Eurozone will collapse... So you're selling to customers in the Eurozone? If so, I can understand why you feel it's less complicated for you to deal with the single currency than to have to deal with multiple ones. I take bookings deposits via Paypal for our B&B but I operate the account in GBP because that's where I spend all the income. I'm going to pay an exchange fee somewhere along the way so I just take the hit at the point where the guest uses their euro-denominated credit or debit card to pay an invoice issued for Sterling. It amounts to a few pence over and above the usual Paypal fee for such a transaction. But considering that Paypal does all the conversion and calculation for you, regardless of the currency (i get plenty of non-Euro bookings from around the world), is there really a material advantage in operating your Paypal account in the Euro?