Sending USD from US to Hong Kong

clarkchong
Contributor
Contributor

Hi,

 

I am planning to send money from my US Bank account to my bank account in Hong Kong. I am trying to send USD.

Here are my questions:

 

1) I now have a US Paypal account, should I open a HK Paypal account and then initiate a transfer from my 1st account to my 2nd account?

2) In what currency is the recepient going to receive the money?

3) I read here that there is no fee for the sender, 

https://www.paypal.com/cgi-bin/webscr?cmd=xpt/Marketing_CommandDriven/general/International_Money_Tr...

Is there any other fee on the recipient side?

4) Can I withdraw USD to my Hong Kong Bank Account from my HK Paypal Account? How much would that cost?

Thank you!

 

Clark

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