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International money transaction

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International money transaction

Hello!

 

I'm trying to receive a transaction in GBP to my GBP account in a Russian bank for a freelance job that I did, and I want to clarify how big the commission for this transfer might be and are there any other fees that will be charged for this transaction?

 

Thanks!

1 REPLY 1
Esteemed Advisor

Re: International money transaction


@RealKereel wrote:

Hello!

 

I'm trying to receive a transaction in GBP to my GBP account in a Russian bank for a freelance job that I did, and I want to clarify how big the commission for this transfer might be and are there any other fees that will be charged for this transaction?

 

Thanks!


GBP will be converted to your local currency once it hits your PayPal account (PayPal accounts are country and currency specific) unless you carry GBP PayPal balance to make payments with in GBP, but withdrawing will still convert the GBP to your local currency and then convert back to GBP in Russian bank so you might as well convert to your local currency within PayPal and withdraw in your local currency.


Kudos & Solved are greatly appreciated. 🙂