Total fees when receiving international payment
PremiereRosette
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Posted on
Feb-14-2017
07:44 AM
I have a UK Paypal business account. A customer in Australia wants to pay me using paypal. I want to understand how much I will be charged in fees for this payment. I have looked at the fees page and I think it is as follows. Can anyone confirm please?
Firstly paypal will deduct a cross board commercial payment of 1.8%. Then they will deduct 20p.fixed fee.
When that money goes into my account I will then be charged my usual fee of 3.4% and then a further fixed fee of 20p.
The sender will be charged the currency conversion fee of 3.5% to convert dollars to UK£.
Is this correct?
thanks
Tracey
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