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-   -   Party transaction rates and my (likely) useless protest (http://archives1.twoplustwo.com/showthread.php?t=449368)

Shizzle12345 09-18-2007 11:33 AM

Re: Party transaction rates and my (likely) useless protest
 
[ QUOTE ]
My MB is in USD, so I use that to shuffle money between sites. When I cash out, I wire from MB to my Euro-denominated bank account and it does the conversion then. So I only have to convert money once (on cashout) and I don't think MB is screwing my on the conversion.

[/ QUOTE ]
my MB is in Euro's and I converted like 500$ to euro's on party, be4 i read about the conversion thing.

sawseech 09-18-2007 11:59 AM

Re: Party transaction rates and my (likely) useless protest
 
jeah, ur still gna get brutalized on a usd->cad conversion, but it will be less and it will be in line with the market

anyone who allows pp to do the conversion for them is daft

Lessu 09-18-2007 12:24 PM

Re: Party transaction rates and my (likely) useless protest
 
[ QUOTE ]
my moneybookers is in euros and party is now in euro's. So you guys say that if i transfer like 500 euro's from MB to party i get charged a ridiciously high fee? I mean if its USD its basicly free. Can they get away with this?

[/ QUOTE ]

you won't pay conversion fees in this situation because there is no conversion.

BigPoppa 09-18-2007 01:03 PM

Re: Party transaction rates and my (likely) useless protest
 
I think Shizzle's Party account is in dollars and he's converting to Euros before cashing out; so he is getting th bad conversion rates.

corny 09-18-2007 02:38 PM

Re: Party transaction rates and my (likely) useless protest
 
You can set your partyaccount to EURO and deposit via an EUROmoneybookers account WITHOUT any fee. Your balance is shown in EURO and every time you buyin @ a table the current exchange rate is used to buyin and buyout. So no charges at all if you do it right.


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