The conversion of PayPal payments to Canadian Dollar happens automatically when you submit the payment in our Client Portal. When performing the conversion, we use the last available noon exchange rates published by the Bank of Canada.
Note that your bank statement will show the payment in your local currency (US Dollar or South African Rand). The amount will almost always differ a bit from the invoice amount because of the following factors:
- Your bank may be using a slightly different exchange rate than the Bank of Canada.
- Your bank may perform the currency exchange a day or two later than when you have submitted payment to us.
- Your bank may add a charge for a payment in a different currency.
- Your bank may add a charge for a payment to an international vendor.