5% Fee / over $250 on a USD (form Canada) to USD (in Germany) transfer, is that normal?

Andreas_Online
New Community Member

I received USD from Canada into my USD account in Germany and was changed 5% (over $250). Isn't that too much considering there was no currency conversion?

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2 REPLIES 2

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Andreas_Online 


See:

https://www.paypal.com/de/webapps/mpp/merchant-fees#statement-2

Keep in mind that international payments have a higher rate.


Kudos & Solved are greatly appreciated. 🙂
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Andreas_Online
New Community Member

Why do I, the receiver, get charged (4.48%) and not the sender?

And how can we (sender/receiver) reduce this fee?

It's not feasible to send regularly with those fees (considering this transaction does not even involve a currency conversion).

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