Sarlscharisma Posted August 12, 2020 Share Posted August 12, 2020 (edited) Today I learned the hard way when I bought a Guild B301 from Reverb with damage that wasn't mentioned in the advert. It was shipped it from France but when I finally got the refund the exchange rate meant I lost a considerable amount in Paypal fees. I contacted Paypal and got the following: if the amount is returned after 1 day of the date of the original payment, we will use the transaction exchange rate applicable at the time of the conversion of the returned amount. See Section 8.2. for more information about how we set the transaction exchange rate.' So please be aware that you take a big risk with Paypal. You may not get a full refund if something is wrong with the guitar. That's me finished with using Paypal to buy guitars! Just to add, my purchase transaction was £s to Euros but the refund transaction was Euros to £s which is always going to be less. Hope my post is ok for the forum?? Edited August 12, 2020 by Sarlscharisma 1 1 Quote Link to comment Share on other sites More sharing options...
ped Posted August 12, 2020 Share Posted August 12, 2020 Stay safe. Use Basschat! 7 Quote Link to comment Share on other sites More sharing options...
hooky_lowdown Posted August 12, 2020 Share Posted August 12, 2020 Did you read the T&C's on PayPal regarding payments and exchange rates? Quote Link to comment Share on other sites More sharing options...
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