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Ulster Bank charging for using Paypal. Is that normal?

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  • 15-12-2013 9:54pm
    #1
    Mr Grumpy
    Registered Users Posts: 88 ✭✭


    Just going through my UB accounts and I noticed a fee for buying something using Paypal (Irish Paypal a/c). Is this a standard thing with Irish banks? When I lived in the UK I had no such nonsense with NatWest (with a UK Paypal a/c). I'll be asking UB tomorrow but thought I'd ask the knowledgeable Boards first.

    Thanks


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    #2
    GerardKeating
    Registered Users Posts: 7,651 ✭✭✭GerardKeating


    Mr Grumpy wrote: »
    Just going through my UB accounts and I noticed a fee for buying something using Paypal (Irish Paypal a/c). Is this a standard thing with Irish banks? When I lived in the UK I had no such nonsense with NatWest (with a UK Paypal a/c). I'll be asking UB tomorrow but thought I'd ask the knowledgeable Boards first.

    Thanks


    Depends on what the charge was for and what type of card of card it is.

    If you did a GBP paypal (or credit card) transaction on a EURO card, you will get an FX fee.


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    #3
    BuffyBot
    Registered Users Posts: 24,924 ✭✭✭✭BuffyBot


    Indeed, likewise if it were the reverse (an EUR payment being processed by Natwest) there is a fee involved.


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    #4
    Mr Grumpy
    Registered Users Posts: 88 ✭✭Mr Grumpy


    It was a UB Visa debit card to pay Euros. No FX involved.


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    #5
    BuffyBot
    Registered Users Posts: 24,924 ✭✭✭✭BuffyBot


    What does the description say, and how much was the charge? If it was in Euro then you shouldn't see one.


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    #6
    MugMugs
    Registered Users Posts: 17,875 ✭✭✭✭MugMugs


    Don't paypal do the conversion for you and then charge your card the EUro amount?


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    #7
    Jet Black
    Registered Users Posts: 3,845 ✭✭✭Jet Black


    Shiny Christmas Mugs wrote: »
    Don't paypal do the conversion for you and then charge your card the EUro amount?

    Its optional but you're better off letting the bank do the conversion for you as the PayPal rate isnt as good. Even after bank fees.


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    #8
    donegal11
    Closed Accounts Posts: 689 ✭✭✭donegal11


    Jet Black wrote: »
    Its optional but you're better off letting the bank do the conversion for you as the PayPal rate isnt as good. Even after bank fees.

    For small purchases your not, as ulsterbank charge 2% extra (1%fx fee and 1% purchase fee subject to 50c min) on top of the exchange rate so using the paypal exchange rate isn't that bad


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    #9
    foggy_lad
    Closed Accounts Posts: 20,373 ✭✭✭✭foggy_lad


    donegal11 wrote: »
    For small purchases your not, as ulsterbank charge 2% extra (1%fx fee and 1% purchase fee subject to 50c min) on top of the exchange rate so using the paypal exchange rate isn't that bad
    I thought it was only 1% on the amount with a 30cent minimum when using a debit card?


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