Can you do an international wire transfer through paypal?
July 25, 2011 3:36pm CST
Recently, I had done a wire transfer from my bank to a foreign bank, and the cost of it was $35. That is a bit too expensive in my budget. I heard of paypal also would do some online transfer, but I am not sure would it be doing wire transfer too, if I can deposit some money in a paypal account, then transfer it to a foreign bank. Would the processing fees or transaction fees expensive? Can anyone guide me on how to do it on paypal?
26 Jul 11
okay i understood.What is SWIFT Code.And one more question ,if ur in USA can u open an account in Japan on your name and save ur money exchanging dollars to yen as yen currency is more in value compared to dollars,you could earn interest from the japan banks.What documents would you supply for this .And if you have paypal will paypal be useful to transfer the funds to the Japan account of urs.As Paypal is globally used.Do you have some idea regarding this.