Receiving money from the Philippines while in Canada

[KenSar415]

I used to live and work in the Philippines but is now in Winnipeg, Canada as a Permanent Resident. My employer decided to keep my service so they are planning to send my pay through PayPal. I would like to know the fees PayPal may charge against me so that I can ensure my employer covers it as well. I already have a PayPal Canada account and my checking bank account is already hooked up to it. It will really be great and much appreciated if someone can show my a sample computation. For example, if my employer will send me 500,000 PHP, how much are the fees, and final amount in Canadian Dollars.

[sharpiemarker]

@KenSar415 

You can ask employer to send in CAD so you won't need to deal with exchange/conversion fees and just pay the PayPal fee of 3.9% + $0.30 CAD. Or, 4.0% conversion fee + forex rate when the PHP is converted to CAD + the aforementioned PayPal fee.

[KenSar415]

So if the converted PHP becomes 6,000 CAD, and forex is 1 PHP = 0.0257418 CAD, then the fee is (4.0% x 6,000) + 0.0257418 + (3.9% x 6,000) + 0.30 = 474.325742 CAD that freaking big????