Paypal is a beast. So many affiliate programs require you to use Paypal - and Paypal knows it.
That's why Paypal REQUIRES you to convert your USD to CAD/GBP or your home currency BEFORE withdrawing to your bank account - at hideously expensive FX rates.
Or do they?
In this video, I show you how to AVOID Paypal's FX Fees and convert your currency at way better conversion rates by using the mid-market FX exchange fees.
I use WISE to avoid Paypal conversion fees and it saves me over $34 per $1000 - which can be quite significant when it comes to banking fees for your company P&L and avoid huge volume of FX currency gains and losses on your Profit and Loss report.
You can use this to move your Paypal USD into a Wise account and avoid nasty and "unavoidable" FX Fees.
Use this link to create your Wise account (which can be a personal or business account):
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You'll thank me as this will save you hundreds of dollars per year in fees you're probably paying to Paypal right now!
Another good card for Europeans in the Nexo card. You can earn daily interest on your holdings and use your own crypto for no-interest loans: [ Ссылка ]
In Canada 🇨🇦, I recommend Koho as the best cashback pre-paid debit card: [ Ссылка ]
And NEO as the best cashback credit card: [ Ссылка ]
Also, if you are a business in Canada, you can actually get USD, EUR and GBP accounts (so you can be paid in that currency by Stipe, Amazon, etc.) from Loop:
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Bonus: If you send currency in your Wise account from say a USD to a CAD bank account (without converting first) Wise will do the conversion and credit both our Wise accounts with a sizeable bonus. To be clear, if you convert first and send as a second action, you won't qualify for the bonus. Must use this link when creating your account:
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I also recommend using EQ Bank as they have much better FX Conversion rates between USD and CAD:
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This show you how you can transfer from Paypal to Wise and save money!
This video will help you save money as an entrepreneur and pay less in Paypal conversion fees. If you got value from this, please share the video on social media.
#fxfees
#paypal
#wise
📣This video description contains affiliate links and I will be compensated if you make a purchase after clicking on my links.
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