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Fees to send money from Korea to Canada

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cb888
Contributor
Posted on
Hello. If I wish to send the equivalent of 100$ in CAD from Korea, who pays the fees? Me or the person I'm sending it to? He needs it to be in CAD. What are the actual fees for doing so?
3 REPLIES 3

Fees to send money from Korea to Canada

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kernowlass
Esteemed Advisor

Depends how you send it.

 

Fees are located at the bottom of every paypal page.


Advice is voluntary.
Kudos / Solution appreciated.

Fees to send money from Korea to Canada

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cb888
Contributor
1) from their Korean Pay Pal account to a Canadian Pay Pal account as funds. No credit card.

Fees to send money from Korea to Canada

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PayPal_Jessica
Moderator

Hi cb888,

Welcome to the community.

As kernowlass has advised, there are a number of different things that influence the amount of the fee that is being charged.

For example, the standard PayPal fee ranges from 1.4% to 3.4% per transaction. It depends on if the payment is being sent as goods or services, or if the payment is sent as a personal payment.

If a payment is being sent from Korea to Canada, there would also be cross-border fees applied of 0.5% per transaction.  If currencies are being transferred, there are also currency conversion fees applied.

For more information on fees, you can find a breakdown of the fee structure here

I hope this helps.

Thanks,

Jessica

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