How much bank charge fee from paypal transaction?
By AkamaruKei
@AkamaruKei (5219)
Malaysia
January 16, 2013 11:47pm CST
Hello friend. As i know minimum withdraw Usd currency in paypal is USD10. For Malaysia countries below MYR400 paypal will charge fee MYR3 if we withdraw to bank but i want to know how much bank charge fee? I hope it is not charge too much fee. I want to try withdraw from paypal.
4 responses
@heaytheblogger (2876)
• Philippines
17 Jan 13
This depends on your banking carrier. sometimes, they charge small fees depending on the amount of money you transfer from your paypal to your bank account.
Transfer fees are not that much high as long as you transfer a big amount of money. usually in my personal experience on online money transfer it only cost about 50 pesos to 100 pesos more or less in the transaction fee of PayPal and my banking carrier.
You can ask for assistance on your local bank and ask regarding PayPal transfer.
@AkamaruKei (5219)
• Malaysia
17 Jan 13
I'm just worried if bank charge fee high. If it is they charge around MYR1-MYR3 that still ok. I'm very shy to ask and call bank customer service. Hehe.
@Berardesco (83)
• Cleveland, Tennessee
17 Jan 13
You should never be shy when it comes to finding out about your money.If I were you I would not rely on the answers of others for your questions to be correctly answered, and call the bank It's obvious that no matter the fee is you'll have to pay it if you want your money. If you are unhappy with the fees you are being charged to use the bank then find another.
@heaytheblogger (2876)
• Philippines
18 Jan 13
@AkamaruKei: It doesn't charge a lot in my country... i don't know if they charge more banking fees in your country because it really depends on your banking carrier. just ask the customer service provider. it's your right as their customer.
@AkamaruKei (5219)
• Malaysia
20 Jan 13
Wah really? That good. So that mean only paypal charge fee RM3 when we withdraw less than RM400.
1 person likes this
@AkamaruKei (5219)
• Malaysia
21 Jan 13
Good option to withdraw is we should withdraw to bank because i see withdraw to credit card and debit card paypal charge more fee and the bank also charge a fee. I see it at someone blog.
1 person likes this
@gamyam (530)
• Hyderabad, India
17 Jan 13
You need not to worry about paypal fee for transferring money to your bank.
It will be very less for you.
Because i am also having an id for the paypal for money transactions.
You keep on going to accumulate money in your paypal account.
Don't try to transfer very least money several times.
Wait for a big heap of money to exchange your cash when ever you required.
@AkamaruKei (5219)
• Malaysia
17 Jan 13
I'm not worried about paypal fee because it is low but i'm worried with bank fee if i transfer it to bank. I dont want to get very few money if bank charge high fee. I just want to try to withdraw. After that i will accumulate my money.
@misjoseph (162)
•
18 Jan 13
i am not sure about that it seems that i have to look into that anyway thanks for the discussion
