Listing Currency vs. Billing Currency | Ramblings of an e-trader

Sunday, 11 November 2007

Listing Currency vs. Billing Currency

Now that eBay Malaysia has started to impose fees on added features on our auction items. Some of our local Sellers are getting confused that their listing currency is in Ringgit Malaysia but the billing currency is in American dollars.

Well, eBay is an American company so what can we expect? Moreover, Ringgit Malaysia is not an internationally recognised currency. Did you know that nobody wants Ringgit when they are in America?

There's this Japanese girl who once gave my sister all her money in Ringgit left from her visit to Malaysia because she could not find a money changer who would accept her currencies.

Between the listing and billing currencies, we may lose or gain slightly, depending on the performance of the Ringgit against the USD. The difference may be slight but if you are a bulk seller, the difference WILL add up. If you are planning to use any of the extra features, you may want to take this into account in your start price.

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