Does PayPal Charge A Fee to Send Money? Paypal Transfer Fees

This page features a complete breakdown of the current Paypal transfer fees.

PayPal readily dominates over other money transfer services and apps including its subsidiary company, Venmo.
Its services are convenient and guided by customer-friendly policies.

So, does PayPal charge a fee to send money? If this is your question, let this article be your guide, as I have provided information on PayPal’s transfer fees in the most simple and relatable way here.


What is PayPal?

PayPal has moved from a simple peer-to-peer payment platform to a full-blown e-commerce site, that allows easy money transfers between individuals and businesses.

The payment platform saw an increase in its consumer base during the pandemic last year, as more businesses and people switched to online payment methods.

PayPal also added a cryptocurrency feature that allows the purchase of Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.


Keep reading to see Paypal transfer fees for both domestic and International transactions.

How to Open a PayPal account

On Paypal, you can open either of two accounts:

  • A personal account for sending, requesting, and receiving money from family and friends.
  • A business account for people and organizations who offer goods and services for sale.
  1. Visit PayPal’s website to sign up.
  2. Select the type of account.
  3. Input your phone number with your country code and you will receive a verification code.
  4. Provide your personal details including your name, email address, and password.
  5. Fill in your address and any other detail you are prompted to provide.
  6. Add your debit, credit, or bank info to enable the transfer of cash to your PayPal account and for other transactions.
  7. Click on the link in the verification email that would be sent to you.

PayPal Transfer Fees for Sending Money

I know that you have been looking forward to this part of the article.


PayPal has a variety of fees which depend on the following:

  • The amount of money intended to be sent.
  • The location of the sender and receiver.
  • The type of transaction: it could be a domestic or international transaction or it could be done with your PayPal account, bank account or card.

Paypal Transfer Fees For Domestic transaction

Transfers that are tagged as ‘domestic’ have the sender and the receiver registered with PayPal as residents of the same country or markets.

PayPal has economic groups (called a market) containing various countries in a given geographical region.
For example, Portugal, Spain, the United Kingdom, France, and Germany belong to the market region called Europe 1.


Sending money to a recipient in the same country or market via your PayPal balance or linked account is completely free.

If you decide to use your debit card, credit card, or PayPal credit, PayPal charges a fee of 3.4% of the amount to be sent and a fixed fee depending on your location.

For example, in the US, the fixed fee is $0.30, while it is 0.20 GBP in the UK.


Paypal Transfer Fees For International Transactions

When the sender and the recipient are in different markets, it is an international transaction. Say you want to send money from the US to the Middle East.

If you make a transfer from your PayPal balance or a linked bank account, the transaction is subject to a standard funding fee of 4.99 USD, but it is dependent on the location of the sender and the receiver.

If you are sending with a credit card, debit card, or PayPal credit. In addition to the funding fees, you pay a flat rate of 3.4% of the amount to be sent and the fixed fee which depends on the region.


Note: The sender and the receiver both have the option of converting the money from the currency of the sender’s country to the currency of the receiver’s. This attracts a currency conversion fee that is dependent on the currency but falls within the range of 2.5% to 4.5% of the amount to be sent.

Final Words On Paypal Transfer Fees

PayPal has no hidden fees. All charges are made known to you before you confirm the transaction.
So does PayPal charge a fee to send money? Yes, the exact fees depend on the type of transaction and the location of both sender and recipient.

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How To Transfer Money From Cash App To Bank Account


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