Home | Search Negril | Negril Map | Videos | Forum | Negril Calendar of Events | Where To Stay | Transportation | Restaurants | Things To Do

Results 1 to 10 of 20

Thread: exchange rate today wired money

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Member

    User Info Menu

    Re: exchange rate today wired money

    Quote Originally Posted by NKY View Post
    Sounds great, but I'm a little confused about going this route. (could be the 100 degree days have fried my brain ) Are you sending the money to a friends bank account or do YOU have a personal account in Jamaica? Or is this an credit/debit card that is connected to your paypal account?

    Thanks

    Mark
    Hi Mark. I can see what this may be confusing. This should clear it up. Yes, this is a Debit Card issued by PayPal. The reason I don't like to use one connected to my regular bank account is that any amount of money that is in that account (and possibly more if the card is used at a store) becomes vulnerable.

    I have a limited balance at all time (except when I am home in Jamaica) and have it set up in PayPal that any time I (or someone else) uses the card, I get an email alert and that lets me be more reactive to any fraud attempts. I can go in and change a PIN and/or file a dispute right away. Nothing is perfect but this works best for me.

    Because I live in Jamaica much of the year, I need to send funds on a more regular basis than most people and I thoroughly trust my best friend, Marshall, whom I have known for over 20 years.

    I used to use MoneyGram, Western Union etc. but all of them are just too expensive and the ATM is immediate assuming I have put money in the PayPal account.

    Peace and Guidance
    Free Opinions Offered. No tipping required. Hours: Open when I feel like it.

  2. #2
    Member

    User Info Menu

    Re: exchange rate today wired money

    Quote Originally Posted by Accompong View Post
    Hi Mark. I can see what this may be confusing. This should clear it up. Yes, this is a Debit Card issued by PayPal. I used to use MoneyGram, Western Union etc. but all of them are just too expensive and the ATM is immediate assuming I have put money in the PayPal account.
    Very nice! I can't believe Paypal only charges a $1 fee and no foreign transaction fees. Better keep this on the down low because if too many people stare "beating the system" Paypal will probably start charging more.

    Thanks

    Mark

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •