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darrenwall74
Community Member

British Freelancers, do you withdraw direct to Bank, or Use PayPal?

Good afternoon fellow freelancers, this thread is specifically, aimed at British workers.

 

Currently, I withdraw earnings directly to my bank; however, due to the strength of the Pound, and the extra conversion rate fees I am paying/loosing, currently 28.47% in total.

 

As such, I was wondering if anyone out there uses PayPal or another withdrawal method, and if so, does it save you money?

2 REPLIES 2
dataextract
Community Member

28.47%? Really?

Is that Direct to Local Bank transfer option or international wire transfer option?

Hi, Ramesh,

 

that was a, direct to bank transfer, which was requested and confirmed yesterday.

 

  • Amount paid: $638.01 USD
  • Amount you should receive: 456.3 GBP (*)
  • Bank account: NATIONAL WESTMINSTER BANK PLC
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