Mystery PayPal Fees for Canadian Ebayer | Payments

ecumsecumguy · 2023-10-10T00:17:04.897000Z

I m a Canadian Ebayer but have a US credit card drawn on a US bank ( a US division of a Canadian Bank RBC) . The billing and shipping address is in the US as well. I have noticed that when I buy something on eBay in US funds that my US account is being charged considerably more than the purchase amount. As an example a recent purchase of $1688 US PayPal charges my US account $1833 US. I'm getting the run-around on this extra cost. My bank is very clear that they are giving PayPal the requested funds in US dollars, and eBay says it is only charging for the auction amount and it is PayPal's issue. I called PayPal and they said it is an eBay issue. They said they believe that they charging a conversion fee as the eBay sellers are requesting payment in Canadian funds and they charge to convert back to US dollars, although the complete transaction ( including shipping to my US address) is entire completed in the States with no involvement of the Canadian banking industry. I cannot believe most US sellers would request payment in Canadian dollars to begin with! Why am I paying a PayPal fee to have my US eBay purchases converted to Canadian dollars, then back to US dollars, and then extracted from my US account. I'm paying twice for the dollar conversion as I have to pay off my US bank balance in Canadian Funds. This seems bizarre. Is this an issue with me being a Canadian Ebayer even tho I'm am essentially American for the financial transaction? Any ideas?

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Mystery PayPal Fees for Canadian Ebayer | Payments | eBay Canada EN