Fees

rmvnglst
Contributor
Contributor

It's my first time to transfer money from my personal account to my business account here in PayPal. is the fee really necessary? I was charged 1,400 PHP for PayPal fee. I tried to contact them via email but no response, will PayPal reimburse it? thank you!

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kernowlass
Esteemed Advisor
Esteemed Advisor

@rmvnglst 

 

Its down to how the payment was SENT to your account.

1. If you sent using money > goods / services option then paypal would see you as a seller and charge you a fee.

2. If you had sent using the send money > family / friends option then you would have had the payment with no fee. (However that option is not available in every country).


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Kudos / Solution appreciated.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@rmvnglst 

 

Its down to how the payment was SENT to your account.

1. If you sent using money > goods / services option then paypal would see you as a seller and charge you a fee.

2. If you had sent using the send money > family / friends option then you would have had the payment with no fee. (However that option is not available in every country).


Advice is voluntary.
Kudos / Solution appreciated.
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rmvnglst
Contributor
Contributor

Since the account I sent the money to is Business, there's no option to choose Family when I sent the money. So there's no way to reimburse the PayPal fee?

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kernowlass
Esteemed Advisor
Esteemed Advisor

@rmvnglst 

 

Guess not.


Advice is voluntary.
Kudos / Solution appreciated.
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