Serenity Of Life

 
PayPal Fees 01/05/2009
 

Most people are not aware of the fees PayPal charges so here is a summary of fees. To see a complete list login to your PayPal account and click on list on the bottom menu. Make sure that you are logged in to your account for the link to work.  Here is the list:

*Note: The fees are applicable to bank accounts in the Philippines

For Personal Accounts:

1. Open an account - Free

2.
Send money  - Free

3. Withdraw Funds  -  Free for P7,000.00 PHP or more, P50.00 PHP for  P6,999.99 PHP or less

4. Add funds - Free Receive payments funded by PayPal Balance, PayPal Instant Transfer or PayPal eCheck Free

5. Receive payments funded by Credit Card, Debit Card - 5.4% plus $0.30 USD. No transaction limit for payments sent via Skype, otherwise there is a limit of 5 transactions per year.  5.4% plus $0.30 USD. No transaction limit for payments sent via Skype, otherwise there is a limit of 5 transactions per year
5.4% plus $0.30 USD for card payments received using PayPal on Skype

6. Return Fee - This is the fee if you have entered your bank information incorrectly so please make sure you have all the correct details before attempting to withdraw your money. The amount is P250

7. Multiple currency transactions - Exchange rate includes a 2.5% fee**