Fees to send money from Korea to Canada

[cb888]

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?

[kernowlass]

Depends how you send it.

Fees are located at the bottom of every paypal page.

[cb888]

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

[PayPal_Jessica]

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