A question about the FIRC certificate

crystaldrone
New Community Member

Hello All, I am very new to Paypal and on the account details pages, when I click on change in the Auto-withdraw section Paypal says that "Your PayPal balance will be automatically withdrawn to your local bank account on a daily basis due to your country's regulations", which is ok.

 

But now I read that "There is a fee per FIRC certificate charged by Citibank (i.e. per transfer from PayPal to your bank)"

 

Don't the above two underlined lines mean the same? Or am I missing something?

FIRC certificate everyday? Smiley Sad Really confused here.

 

Would appreciate any help people!

 

Thank you!

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