I am confuse on deduction amount : Support expect from expert here
Ritesh1
New Community Member
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Posted on
Jun-18-2019
11:57 PM
There are three deduction in PayPal for India - "Receiving Money from Out side of India (USD Country)
1. 4.4%
2. 0.30 USD
3. 18% GST
My Question is Is Indian Bank also charge the currency conversion ?
is there any other deduction while Withdrawal amount from Paypal to my HDFC Bank account ?
Labels:
- Labels:
-
Fees
1 REPLY 1
PayPal_JonK
Moderator
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Jun-22-2019
01:24 PM
Hello @Ritesh1,
Welcome to the PayPal Community, that's a great question! If there is a currency conversion necessary on your banks end, normally there is some kind of fee charged for converting that currency. I would recommend reaching out to your bank to see if any fees will be charged for converting that currency.
Have a great day!
- Jon K
If you find this or any other post was helpful, make our community better by giving kudos or accepting it as a solution.
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
Related Content
- How could PayPal Take Advantage from a Declined Withdrawal?! in My Money Archives
- Need Advice, PayPal took my $50K in Disputes and Limitations Archives
- Reversed Transaction from the Merchant was not credited to my PayPal Account in Disputes and Limitations Archives
- Activity not showing in Payments Archives
- Didn't receive full refunded amount even after fully refunded from seller in Disputes and Limitations Archives