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Say I receive 1000 USD to my Indian Business Paypal account from outside India. When the transfer to my bank account happens, in what currency does it happen? Is it converted to INR and transferred, or, is it transferred in USD? If it is converted to INR, what would be conversion rate?
Also, what would be the charges during the whole process?
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Fees.
https://www.paypal.com/in/webapps/mpp/merchant-fees
Withdrawals / Currency.
https://www.paypal.com/in/cshelp/article/how-do-i-transfer-funds-to-my-bank-account-HELP394
Withdrawals are always in local currency (INR) to bank accounts so currency conversion fees may well apply.
Advice is voluntary.
Kudos / Solution appreciated.
- Mark as New
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Fees.
https://www.paypal.com/in/webapps/mpp/merchant-fees
Withdrawals / Currency.
https://www.paypal.com/in/cshelp/article/how-do-i-transfer-funds-to-my-bank-account-HELP394
Withdrawals are always in local currency (INR) to bank accounts so currency conversion fees may well apply.
Advice is voluntary.
Kudos / Solution appreciated.

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