re: mylot payment for the people in uk!
By xXmeganxX
@xXmeganxX (4420)
January 25, 2007 10:18am CST
hi there,
im just wondering if any people from UK has had there payment from mylot and how much it was, for eg- if i eanred $20, how much would i recieve from this in UK pound and for going through paypal etc etc, im so confused about dollars, i haven't got a clue! all the help is appreciated, thanks in advance! :O)
1 person likes this
9 responses
@snowflake5 (1579)
• United States
25 Jan 07
I'm from the UK and got paid through Paypal. The exchange rate used was $2.03 to £1. So $20 would be just udner £10. Which is shocking! But I guess we must all get used to the weak dollar, it's here to stay. It's a pity MyLot don't pay in euros or sterling.
2 people like this
@snowflake5 (1579)
• United States
25 Jan 07
Charlie69, the cost was in the exchange rate. The official exchange rate on the forex markets was $1.97 to £1, and Paypal charged $2.03 to £1. It's the same principle as tourist rates being different to the official ones on the forex markets.
1 person likes this
@xXmeganxX (4420)
•
25 Jan 07
hi snowfalke oh no that's not fair, lol i should wait till my earnings go up then before requesting a payment because it's not going to be much if i withdraw it is it? :( thank you for your useful info anyway! :)
@charlie69 (334)
•
25 Jan 07
The way i see it is anythings better than nothing as Mylot is about more than the earnings. Did it cost you anything to transfer the money?
1 person likes this
@xXxTRICKxXx (368)
•
25 Jan 07
the gbp is said to be close to around half the amount of the dollar so it would be somthing close to £11 for a $20 payment and i dont think that paypal take off any interest only when you put money from your paypal into your bank account it charges a small amout to transfer under £49.99 into your bank.
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@xXmeganxX (4420)
•
25 Jan 07
woah your joking, lol sory im quite shocked, that's a bit unreasonable don't you think about the £49.99 thing! thanks for your response anyway, much appreciated!
@vinaykiran28 (5149)
• India
25 Jan 07
anywhere in the world outside US of A your earning are deducted by 5 $ as transfer fee........ so if your earning is 20$ they you would get 15$ in uk
@xXmeganxX (4420)
•
25 Jan 07
no vinaykiran with dollars ive heard that say i have $20 it will be £10 in our money then the fee to go with changing the currency, we always have to half it i think! :(
@xXmeganxX (4420)
•
25 Jan 07
hi there gabs thanks alot dear that really helped me understanding the currency, much appreciated, thanks again!
1 person likes this
@charlie69 (334)
•
25 Jan 07
Hey, sorry i cant answer your question, but i just wanted to say thank you for starting the topic as it is something i would like to know about as well, and i hope someone is able to reply with details. I just started on mylot, im not too bothered about making any earnings really but I would like to know that if did manage to earn anything how i would transfer it or anything.
1 person likes this
@joey_matthews (8354)
•
12 Feb 07
Megan at the moment every $2 = £1 in our money excatly. =)
So twenty dollars will = ten pounds for us britush folks. I sounded old there.. opps =)
Although these rates may change as the dollar appears to be slipping quite badly in recent times. I use this below from time to time because of this.
http://coinmill.com/GBP_USD.html#
Hope it's useful to you.
Kudos!
~Joey
@xXmeganxX (4420)
•
12 Feb 07
hey joey tar very much for that link, i will take a look at it and tar for telling me how it works! :O)
@Alexandria37 (5717)
• Ireland
25 Jan 07
If you earned $20, then that is the amount that will be lodged to your PayPal account. When you go to convert it to sterling or to withdraw it to your bank account, PayPal will charge a small amount for lodging it to your bank, and they also use their own rate of exchange.
1 person likes this
@xXmeganxX (4420)
•
25 Jan 07
now i think im getting to know about the currency change, etc, i think mylot should pay UK people in pound and so on, it would make life a hel of alot easier, it would be good if they would. thanks alexandria for your response! :)
@xXmeganxX (4420)
•
28 Jan 07
nope, i haven't had one just yet, i can ask for a payment but i shall leave it till it builds up, the more the better...hehehe. that's good what your going to do with yours, you should buy something nice!! :O) thank you for adding me as a friend too, i accepted the request! :O)
@cowboys33 (421)
• Australia
28 Jan 07
i cant wait till the money reaches me in austraila. when get my first $100 check, that is an extra 20 cents for every dollar
1 person likes this
@xXmeganxX (4420)
•
28 Jan 07
hi there cowbys that is brilliant the way the dollars work out there. in here in the UK, say for eg i earn 10 dollars, i think that's around £5 or £3 or something like that, it's a bit confusing like! also thanks for your reply! :O)
