Question
I like to send shipping quotes in dollars and the home currency of the potential bidder. I've been sending quotes to England in pounds. Is that correct or did they succumb to the Euro yet? Will either work? Will using the Euro be offensive?
Answer
Not yet.
http://www.bankofengland.co.uk/euro/
Answer
Thanks! I'll stick with pounds until I know how Brits feel about the Euro in general.
Answer
I think it would be like an European seller quoting in Pesos as just another North American currency.
They voted not to use the Euro and although everyone understands it, the general banking is in GBPs.
(much to the delight of the R o Ireland sellers who use the Euro but are grouped under the eBay.UK site.)
Answer
I was actually in England just last weekend. The pound is alive and well and is worth twice as much as the dollar.
In Germany and France they use the Euro. In France I was paying $6-$8 American money in restaurants for a diet coke with no ice and no refills---not at all good for an addict!!
Nancy
Answer
If your winning bidders have sterling PayPal accounts they can pay you U.S. dollars from that account. PayPal automatically calculates the sterling equivalent and removes that amount from their account.
On a number of occasions I've made sterling payments to British eBay sellers from my U.S. dollar PayPal account.
Answer
Paypal charges an exchange rate to a buyer to pay us.
I listed some Waterford that a US buyer purchased while it was listed on the UK site because of a 10 pence listing promotion.
They were charged to exchange their dollar account payment to GBP and then I had to pay to change the money back to dollars. Then the PayPal rate was higher because it was an International transaction.
When I saw what was happening I cancelled the payment and sent the buyer a US dollar invoice which was about a 3% savings.