When buying a item how come every time my bank account takes out more money then the item was?

[jesspau_5dpsi1wjc]

when buying a item how come every time my bank account takes out more money then my item was?

[reallynicestamps]

If it is actually your bank account, speak to your bank manager.

With Paypal, if you are buying in US dollars there will be foreign exchange involved. This changes rapidly, although most banks only change their rate daily, fudging to allow for the hourly or even minute by minute changes in the world money markets.

The loonie has been dropping, thanks in part to our PM's indulgence of the oil sector over the manufacturing sector, and we are now in recession.

So between the time you buy and the time you pay, the exchange rate has changed.

[momcqueen]

Banks and credit cards charge a percentage fee ON TOP of currency conversion. This is also something to be factored into your buying decisions. As a buyer, I shop online within Canada now and exclusively choose Canadian sellers who list in CAD. A few years ago, it didn't matter. The economy fluctuates. A low CAD is good for exportation and incoming tourism etc.