![]() Moreover, drawing a check from the PayPal account incurs a fee of $1.5 per withdrawal.Download printable PDF Last Updated: 06, November 2023 If you want an instant transfer, you pay a charge of 1% when withdrawing your balance to a local account. Though PayPal lets you transfer your account balance to a bank account for free, it involves some waiting time. Receiving money via PayPal from a friend is free if no currency conversion is involved in the transaction. For international transactions, you pay a 5% fee. On the other hand, using your PayPal balance, bank account, or Amex Send account will not attract any charges for personal transactions if they are domestic. These payments are sometimes free and incur charges at some other times, depending on where you are sending money and where you are drawing it.įor example, if you use a credit or debit card to send money, you pay a 2.9% charge for domestic transactions and 5% for international payments, and a fixed charge that varies for different countries. PayPal offers you a unique ‘Friends and Family’ option to make personal transactions. When you use PayPal to send or receive money to and from friends, family, and relatives, it is classified as a personal transaction. When you purchase in a foreign currency, you can expect to pay a 3-4% transaction fee. When you pay retailers and websites for products you want to purchase, PayPal does not charge anything if it requires no currency conversion. However, PayPal does charge a fee for certain transactions. Making online payments and sending and receiving money do not cost anything. PayPal allows you to create an account for free. In the final step, PayPal asks whether you want to send money for “Goods and Services” or to “Friends and Family”. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |