Receiving payments, international fees charged
Gracecsk
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Posted on
May-19-2020
10:43 PM
So I have been receiving my salary through paypal. I am based in Singapore, and I received the funds in USA, and do not need for it to be converted. Yet i still get charge a hefty fee of 4.4% of my salary. I will be receiving such payments regularly, and the add up of the fee is extremely high.
Are these fees charged known as commercial payments fee as stated on paypal webiste?
How do i avoid this fee, is it possible to avoid it?
Are there also ways to reduce the fees charged?
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