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since ‎Aug-15-2010
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What are all the fees for receiving a payment from...

by plaing in Receiving money (Archive)
‎Aug-15-2010 03:53 PM
‎Aug-15-2010 03:53 PM
Hi Im new to paypal and I have a chance to do a workshop in Canada. If a person paid $159 in Canadian dollars, what you the amount end op being deposited my my US bank account?   I tried all day to get an answer out of PayPal customer service but believe it or not, no one could give me an answer. I dont have a margin of error right now so I am needing to know how to anticipate what the end amount is that will be in my bank account.   As I understand it right now these are the following deductions for fees: 3.9% + .30 USD (fee for receiveing payments from outside the US) 2.9% + .30USD ( fee for receiving a payment from a credit card or a debit card) 1.0%     (currency conversion fee) 2.5%     (spread fee for currency conversion)   I have a normal, non-business account. I have never accepted money before via payPal so Im new at this. If $159 Canadian equals $156 USD as of this weekend, what is the amount that goes into my account? No one seems to know. Are there any other hidden fees or surprises i need to know about? If you have experience with type of transaction, please let me know.   thanks, plaing   ... View more
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