Question: Is There A Conversion Fee For PayPal?

Fees: Funded by your PayPal Cash or PayPal Cash Plus balance or a bank account linked to PayPal.

Funded by a credit card, debit card or PayPal Credit.

2.9% of the amount funded this way, plus a fixed fee (from the table below) based on the currency of the transaction.

How do I check my PayPal conversion rate?

Here’s how to view our current exchange rate:

  • Click the menu to the right of your PayPal balance.
  • Click Manage currencies.
  • Enter the required information under Currency Exchange and click Calculate.
  • The exchange rate is displayed, and you can review it before you complete your payment.

Does PayPal do currency exchange?

You can convert some or all of your PayPal balance from one currency to another currency. Here’s how to convert your PayPal balance to a different currency: Log in to your PayPal account. Click Exchange Currency to confirm the transfer.

Is PayPal cheaper than bank transfer?

When is a Bank Transfer Cheaper than PayPal? In the example above, a domestic transfer of $800, the banks’ fees totaled $32 and PayPal’s fee was $23.50, making PayPal the better choice. First, if you transfer from one account to another within the same bank, it is typically free.