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Paypal is NOT transparent with their fees so I need to know exactly what to expect from this transfer.
Thanks for your support 🙂
Click Commercial Transaction Rates in the Merchant Fee menu.
Take the “Standard rate for receiving domestic transactions”: 2.90% + 30p
Then add the % based on country the payment is coming from:
2.00% for Egypt (rest of the world)
See list under “Additional percentage-based fee for international commercial transactions” section.
So your fee rate would be 4.90% + 30p if receiving GBP currency.
@sharpiemarker Last stupid question:
What info do I need to give the sender who's based in Egypt?
My Paypal email address?
They're also asking for my bank IBAN, is that needed?
Kind regards and many thanks for your help.