Is Paypal is charging any service charges for transfer of money

@yugasini (12836)
Anantapur, India
January 5, 2010 4:59am CST
hi mylot friends,I wish to transfer some funds from my paypal account to another paypal account,till now i have not transferred any amount from my paypal account to another paypal account,that's why i have raised this question,I have to pay any service/transfer charge for transfer of funds from one paypal account to another paypal account
2 people like this
14 responses
@Oskar28 (33)
• Philippines
6 Jan 10
Yes there is. I think charge varies from what country. It depends upon the currency of the one you will transfer to. In my situation it varies depending in country and the amount itself. Goodluck.
@yugasini (12836)
• Anantapur, India
6 Jan 10
hi oskar, thanks for the response/comment,i think the country is USA,i have to transfer the small amount of money from my paypal account to another paypal account,if i know the charges,i will transfer the little amount to other paypal account,thanks for the information ,have a nice day
• Philippines
6 Jan 10
If you're both from US I think it is free. There is also an option there. You will choose who do you want to pay the fee. You can choose your self or the other. I am not sure but if you mind try it until the option segment so you can see if there is really a fee and how much it will be.
• Philippines
5 Jan 10
I have tried transferring funds to my referrals through paypal and so far I wasn't charged of it. Somebody told me you have to use personal payments so as not to be charged when sending money to anyone and that's what I did and I wasn't charged anything.
@yugasini (12836)
• Anantapur, India
6 Jan 10
hi fourjems, thanks for the response/comment,thanks for the paypal information,so paypal may not charge for transfer of funds from one paypal account to other paypal account,but now what they say about this transfer,any how i will try with the paypal itself directly regarding this,have a nice day
• Philippines
6 Jan 10
No problem. Anyway you can always see the details of the transaction before completing it so you will know if there's a charge or not.
@jpso138 (7851)
• Philippines
6 Jan 10
I have transferred money from my paypal account to another paypal account. There was a charge. I even use the personal payment. I think that's is where paypal gets the money. It is obvious that we have to pay for their services right? In so far as how much, I am sorry I cannot tell you. But I am quite sure there is the charge for transferring.
@yugasini (12836)
• Anantapur, India
6 Jan 10
hi jpso, thanks for the response/comment,but i am receiving different types of answers regarding paypal colecting some money for transfer of money from one account to another account,some body says that paypal is not charging any amount for transfer of money from one paypal account to another paypal account,have a nice day
@zearah (5381)
• Philippines
5 Jan 10
Sometimes during my nine months experience with paypal many times I transferred different amounts to another paypal accounts, there is a free of charge but there is also deducted fees in some case.Now, paypal increased charges.But still we need their services.
@yugasini (12836)
• Anantapur, India
5 Jan 10
hi zearah,thanks for the response/comment,you have changed your avatar and also not participating actively in mylot,what is happened to you,after long time i am seeing you in mylot,what is happened to you and now the time come to transfer the funds from paypal account to another paypal account
@zearah (5381)
• Philippines
5 Jan 10
Yeah, I am not so active here as before because my internet connection was not stable. But now I am keep on posting for at least five messages per session.Congratulations to you seems that you've reach the payout and waiting for your cash, isn't it?
@MrKennedy (1978)
6 Jan 10
From my experience, I think that PayPal only demand a service charge for the transferral of money if the amount you are transferring is particularly big. I've transferred money several times and have never been charged because I've always only had a low amount of money to transfer
@yugasini (12836)
• Anantapur, India
6 Jan 10
hi Mr Kennedy, thanks for the response/comment,how much money you have transfer each and every time,what is the maximum amount and what is the minimum amount you have transferred till now,i am transferring only from one paypal account to another paypal account only,so i have to wait and see what will happen,have a nice day
6 Jan 10
yes,you have to. There will be some small charges that you have to pay for when you are going to transfer your paypal money from other paypal account.
@yugasini (12836)
• Anantapur, India
6 Jan 10
hi babajhenz, thanks for the response/comment,and thanks for the information also,have a nice day
• India
5 Jan 10
Yes,they were charging.Last week i transferred 40 dollars to my HDFC account and paypal charged one dollar for it.
@youless (112091)
• Guangzhou, China
6 Jan 10
In fact you can check the transfer fee from your Paypal account. The Paypal website already listed how much it is. Here in China, Paypal will charge USD35 if I want to transfer money to my China bank account. However, if I want to transfer money to my Hong Kong account, it will be free if the amount is over HKD1000. This is why I will have a Hong Kong account. It is much more convenient. I love China
@yugasini (12836)
• Anantapur, India
6 Jan 10
hi youless, thanks for the response/comment,so you are having two paypal account one in China and one in Hongkong,if they charge 35 dollars to transfer the amount from paypal to my local bank account in India,i am having below 50 dollars in my account ,if i have to transfer the same from paypal account ,after deducting 35 dollars,i will get 15 dollars only,have a nice day
• United States
5 Jan 10
Paypal does charge fees when you deposit it to another paypal account.
@yugasini (12836)
• Anantapur, India
6 Jan 10
hi spiderlizard, thanks for the response/comment,have a nice day
@kiran8 (15348)
• Mangalore, India
5 Jan 10
Hi yugasini, I have not done it either, but I feel that if it is between two paypal accounts there may not be any charges since it stays with them . It is only when it is transferred into a bank account that they charge.Thats what I feel. I am sure the information will be there somewhere on their account - have a nice evening
@yugasini (12836)
• Anantapur, India
5 Jan 10
hi kiran, thanks for the response/comment,thanks for the contribution to this discussion even you have not utilized the paypal services till now,i think you are correct,i will receive the information which i require through the responses,how you spent on 1st January,to me the system was not worked for 5 days,today i am doing this response from Hyd,have a nice day
@jambi462 (4576)
• United States
5 Jan 10
I don't believe that paypal charges any fee for transferring your funds but I could be wrong. From one paypal account to another though I'm not sure because I've used the same account for paypal for quite some time. Even if they do charge you it will probably not be very much.
@vathsala30 (3732)
• India
5 Jan 10
Hi Yugasini garu I do not know about paypal charges as I am yet to receive the payment from them. May be in the second week of this month I may ask for the payment request with them so that i will come to know how much they will charge to withdraw my mylot earnings. Then i will be having a clear idea about their service charges
@yugasini (12836)
• Anantapur, India
5 Jan 10
hi vatsala garu, i am not transfering the funds from my paypal accout to my personal local bank account,i have to transfer some funds among the paypal members itself with paypal account only,i will transfer my money from paypal account after march 2010, up to that time i may cross more than seventy dollars in my account,have a nice day
@nijolechu (1842)
• Canada
6 Jan 10
I think there is some kind of service charge that Paypal charges if you want to transfer or give to someone else. So it would be best to wait until you reach a Higher Threshold of Savings before you make the transfer to lessen the service fee costs.
@yugasini (12836)
• Anantapur, India
6 Jan 10
hi nijolechu, thanks for the response/comment,it is better to contact Paypal administration for the rest of things for transfer of one paypal account to another paypal account,no body could give me the exact information,so i will contact them ,then the doubt will clear,have a nice day
5 Jan 10
Hey, well, i heard that they charge if you request out money more than 2 times a month, my cousin makes around 2000 a month from writting articles and she only withdraws 2 times a month because paypal will then charge her a percentage i think its 4 dollars for every 100 but im not really sure, i hope this helps, happy myloting and paypaling :)
@yugasini (12836)
• Anantapur, India
6 Jan 10
hi shatila, thanks for the response/comment,really your cousin is earning two thousand dollars per month,really it is amazing,how much you are earning per month on writing articles,once i have tried for writing the article,but it was not accepted,thanks for the information regarding paypal,have a nice day