Fees to receive cash - I'm having a nightmare understanding them - please take pity and help!
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I have never used Paypal to receive money before and I am really confused.
I have done a freelance job for a lovely client in China. The job price was £700 GBP, she will be paying in Yuan. She has asked me about paying with Paypal.
I have been searching to see how much extra she needs to pay to cover the fees for the service, and I'm having a nightmare understand the system!
It seems like she needs to pay 3 times over - a transaction fee, a cross-border fee, and a currency conversion fee. I cannot for the life of me work out the total.
I would be SO grateful for help/advice from more experienced members of the community. I am virtually in tears, having spent hours trying to understand.
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You risk your paypal account being limited if you ask buyers to pay your seller fees.
https://www.paypal.com/uk/webapps/mpp/ua/useragreement-full?locale.x=en_GB
If you are a User resident in the UK, you shall not surcharge for the use of PayPal.
Advice is voluntary.
Kudos / Solution appreciated.
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