Transferring money from Paypal to Payoneer / US bank

sarah-b
Contributor
Contributor

I want to transfer a certain amount of money from Paypal to my Payoneer account (essentially a US bank account) and then to my bank account in my country

 

The question is, when I transfer from Paypal directly to my bank it charges me 2.5% in currency conversion fees which I want to avoid. I'm already paying 4% in selling fees to Paypal and I don't want to pay double fees.

 

I wonder if there are any fees that will be charged from me when I transfer from Paypal account to Payoneer account to intenrnational Bank account?

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PayPal_Marily
PayPal Employee
PayPal Employee

Hi sarah-b,

 

Thanks for reaching out to us with your fee question!

 

I know that fees can be a bit confusing. For information on the exchange rate and fees with international payments, click 'Legal Agreement' at the bottom of any PayPal page and then choose 'Fees Policy.'

 

I hope this helps!

 

- Marily

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7 REPLIES 7
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PayPal_Marily
PayPal Employee
PayPal Employee

Hi sarah-b,

 

Thanks for reaching out to us with your fee question!

 

I know that fees can be a bit confusing. For information on the exchange rate and fees with international payments, click 'Legal Agreement' at the bottom of any PayPal page and then choose 'Fees Policy.'

 

I hope this helps!

 

- Marily

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sarah-b
Contributor
Contributor

Hi Marily

 

I actually found out that when I transfer funds to Payoneer they would charge me extra 1% and the whole deal turns out to be more expensive than if I move the money from Paypal directly to my bank account

 

I have already withdrawn the money to my bank directly from Paypal hopefully my bank won't charge me extra fees - if they do, that's still fine, not much I can do about it any way!

 

Thanks a lot for your help Marily. I'll be working with Paypal for many years to come 🙂

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RobHammond
Contributor
Contributor

Can someone tell me Why there is a minus sign in front of a pyment i got from a friend yesterday? Paypal is saying its waiting 3 to 5 business for a withdrawal from my bank account when i transferred the money to my bank but my bank account isnt showing it...HELP 

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Deeg_SRI
New Community Member
I transferred money to us bank ac number (payoneer). paypal shows transferred ref number payoneer not received yet. Pls help me Wicky
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DPCreations
Frequent Advisor
Frequent Advisor

Call PayPal cusotmer service.

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zeeshi4488
New Community Member

Please someone tell me i was sent money paypal to payoneer minus sign show in front but money not transfer yet... paypal saying that money transfer 1 or 2 week... but that week are pass but money not transfer yet... please help me.. thanks

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

Contact Payoneer or the bank.


Kudos & Solved are greatly appreciated. 🙂
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