PayPal is used widely in transferring money between more than 100 countries and regions around the world. For those who make cross-border business, PayPal is more necessary for them to use.

This article mainly introduces concrete processes in sending and receiving money internationally, and lists fees for it, answers questions about who is suitable for using PayPal and its accounts. We hope it can help solve your puzzles.

How to make and create a PayPal account?

Before using PayPal, you need to have a PayPal account. PayPal accounts are divided into two types, including personal accounts and business accounts. You can apply the corresponding account type following your real demands.

The personal account is used widely for individual transferring and shopping purchases online. The business account is used more for making money and doing business.

It is free to create a PayPal account on its official website, for both personal account and business account. When you sign up for an account, information filling requirements are different for personal and business accounts. Merchant accounts are required more details about the business, like address, postcode and so on.

Here are some basic steps for signing up for an account.

Step1: Choosing the account type

Step 2: Filling concrete information

Applying for a personal account   

 Applying for a business account

Fill in the necessary information about business 

Step 3: Verify the email address filled in PayPal

How to use PayPal to transfer money internationally Step by Step?

The reason why PayPal is favored by many countries and users is that its quick and convenient operation so that people of different groups can use it. This part will tell you how to send money on PayPal in detail.

1. How to send money?

This is the most simple operation and easy to get. Here are some basic steps for your reference.

Step 1: Choose the service of “Send& Request”

Step 2: Choose the receiver and enter the amount

Then enter the money amount

Step 3: Choose “Sending to a friend”, which is no fee charged

Step 4: Click “Send Payment Now” and finish payments

2. How to get money out of your PayPal account?

There are different ways to get money out of your PayPal accounts. According to the taken time and fees, you can choose the right one after comprehensive consideration.

Get money out of your PayPal Balance account to your bank account

This method is in two ways to withdraw your money from the PayPal account. If you want to get an instant transfer, it will be charged; if you don’t want to pay charges, you can choose to receive it in 1-3 days.

Here are some steps for your reference.

Step 1: Choose “Transfer Money” below the PayPal balance

Step 2: Choose “Transfer to your bank”

Step 3: Choose “in minutes” or “in 1-3 days”

If you choose “in minutes”, it would be instant and charge a fee.

If you choose “in 1-3 days”, it would be free. 

Get money out of your PayPal balance account by requesting a check.

Step 1: Choose “Transfer Money” below the PayPal balance

Step 2: Choose “Request a check by mail”

Step 3: Enter the amount of money

Finish the next steps

3. How to add money to your PayPal account?

If you want to use PayPal to send money to others, you should make sure you have enough amount of money in your account. Here are some concrete steps about adding money to your account.

Step 1: Choose “Wallet” and “Transfer Money” below the PayPal balance

Step 2: Choose your bank account and click “Next”

Step 3: Enter the amount 

Confirm information and  finish the steps

If you want a video tutorial, you can visit its official website.

Fees for Transferring Internationally

PayPal will charge a certain fee according to your real conditions, including your transfer amounts, monetary exchange rates and so on. This article lists concrete fees on transferring money internationally. While you can click another article—FAQs about PayPal on our website to learn about charges on other services of PayPal or you can check it on PayPal’s official website as well.

Fees are required in the following situations:

Cross-border fees are charged for individual paying and purchase paying internationally which are usually paid by the receiver or the payer, but not both of them, and the payer decides who pays for charges.

Sending money internationally must involve different currencies, so fees are inevitable.

If you use PayPal with bank cards to send and receive personal payments, you would be charged for cross-border fees. The charge standards are according to your locations.

If you receive international money for purchases, you would be charged for standard fees with additional fixed fees; the fixed fee is based on paid currencies. Using cards for shopping payments may be charged by financial institutions.

Fixed fee for commercial transactions and PayPal online card payment services transactions (based on currency received)
Currency Fee Currency Fee
Euro 0.35EUR New Zealand dollar 0.45 NZD
Australian dollar 0.30AUD Singapore dollar 0.50 SGD
Canadian dollar 0.30CAD Russian ruble 10.00 RUB
US dollar 0.3USD Hong Kong dollar 2.35HKD
Fixed fee for commercial transactions and PayPal online card payment services transactions (based on currency received)
Currency Fee
Euro 0.35EUR
Australian dollar 0.30AUD
Canadian dollar 0.30CAD
US dollar 0.3USD
New Zealand dollar 0.45 NZD
Singapore dollar 0.50 SGD
Russian ruble 10.00 RUB
Hong Kong dollar 2.35HKD

Frequently Asked Questions about Choosing to Use PayPal

Can I use PayPal? / Should I use PayPal?

As a bridge between the payer and receiver, PayPal can help payments be completed successfully, safely and quickly. Considering this purpose, users should think that if they can make the payments more conveniently through PayPal. Among the various payment methods, users should consider that if they just need the distinctive advantages of PayPal.

If you are an individual user or run a small business without much experience in sending and receiving money internationally before, and don’t know how to choose one among the many payment gateways or methods, PayPal is a good choice for you.

PayPal would protect the individual information of payers and receivers, and help send payments easily and fast. It will bring convenience for you in both personal shopping and business online. PayPal is used widely in many countries and regions, which supports various currencies to make transactions. If you need the service in this way, you can give it some thought.

Is PayPal safe to send and receive money internationally?

This question is difficult to give an absolute answer that PayPal is safe to transfer money internationally. To be specific, the complexity of cross-border transactions causes that it must exist potential transaction exposure. No payment method or gateway can ensure one hundred percent security.

However, for the process of transferring money, PayPal could provide security assurance for transactions. It would encrypt important information about sending and receiving money from both buyers and sellers. For example, it asks for double authentication and a safe and unique account password.

How does PayPal calculate international fees?

PayPal calculates and charges fees according to your demands. Different transferring businesses require different fees. You can find fees standard on our article FAQs about PayPal or check something on its official website.

Can PayPal be transferred internationally?

An important function of PayPal is to send and receive money internationally between different countries. You can use PayPal to pay for shopping online, and you can also use it to transfer internationally. It can provide various services in international transferring.

Who pays PayPal international fee?

Usually, the payer decides who pays for charges, and it may be the payer who pays the fees more often. You can find detailed descriptions of fees in the third part of this article.

How to avoid PayPal fees?

You can pay no fee for some payments, like shopping or paying to individual accounts. However, some necessary charges cannot be avoidable. Sending and receiving money internationally involves different countries and regions, which is a must to pay service fees based on different currencies.

The End

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