Can anybody explain to me the transaction fees involved in Paypal fund transfer
By rajeshfgh
@rajeshfgh (1629)
India
August 19, 2008 1:57pm CST
I have read and re-read the transaction fees page of Paypal but have not got any clarity about the same. I would appreciate if somebody who has already drawn funds from Paypal into their bank accounts, explain to me the no. of transactions allowed per year and the transaction fees applicable for India. There seems to be about 3 different transaction fees mentioned there which is not at all given clearly. Can somebody please explain it to me in simple steps. Thanks.
2 responses
@baileycows (3665)
• United States
19 Aug 08
You know I did not even look last time. I don't think that I got charged anything, but maybe I did.
1 person likes this
@rajeshfgh (1629)
• India
20 Aug 08
Hey, that's nice if you weren't charged. I am concerned as I don't want a substantial part of my hard-earned money being just robbed off me by some transaction fees or fees after x withdrawals. Even if they do charge something, it's always better to know it first, what say?
@snowy22315 (209221)
• United States
19 Aug 08
I dont think even paypal knows what all the rules are. i havent ever been charged anything by paypal for my transactions but maybe they arent large enough. I guess that others might be charged a fee. I am just really grateful that I ahve this option. It has worked really well for me.
1 person likes this
@rajeshfgh (1629)
• India
20 Aug 08
I am very new to Paypal and have a dollar and a half in my account as of now. I am thinking about drawing it out to my bank account. If they were to deduct some transaction fees then I would be left with just some cents. So, should I withdraw now or wait till the amount reaches respectable figures? They didn't charge you anything, but they have mentioned something about transaction fees in their site. I am still confused
. Please help.
. Please help.