![]() ![]() This is a similar process applied by most banks and money transfer operators, although the exchange rate you are offered may be higher or lower than what is offered by competitors. The currency conversion rate is applied to the base exchange rate for converting between the two currencies involved and can range from 3.75 - 4% depending on where you are sending to. The second cost you need to be aware of when using PayPal to transfer money internationally is the conversion rate applied to your transfer. If you were to pay for your transfer with a credit card or debit card, you’d be charged a funding fee of 2.6% plus a fixed fee which depends on the currency involved in the transfer. This transaction fee assumes that you are making the international transfer from your PayPal balance. PayPal will charge you up to 5.00% of the transaction amount for personal international payments. Using PayPal to send money to friends or family within Australia with your PayPal account is free, but sending money to another country does come with fees. The two main costs to be aware of are PayPal’s fixed fee structure plus the conversion fee for converting your currency (essentially, the exchange rate). When sending money internationally from a PayPal Australia account, you should first understand what costs will be associated with this way of sending money abroad. Visit PayPal PayPal international transfer fees Here, we’ve covered the PayPal fees and charges associated with sending money internationally from an Australian PayPal account. If you’re going to be using PayPal to send money abroad, it’s a good idea to familiarize yourself with the fees associated with this type of transaction. ![]() The company supports international money transfers to over 200 countries and can process your transfer in a few working days. Yes, you can undoubtedly use PayPal to send money internationally. Related content Can I use PayPal to send money internationally? South Georgia and the South Sandwich Islands. ![]()
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