Jan 12, 2024 04:44:21 AM by Jayashree B
Hi!
I am new to Paypal.
I am from India.
I wanted to know if I transfer amount from Upwork to Paypal (USD account, but based in India), what fees will be applied?
I want to spend in USD, so double currency conversion to bank account and then spending looks futile to do.
Thanks!!
Jan 12, 2024 06:58:04 AM Edited Jan 12, 2024 06:59:21 AM by Rekha S
Unless you have a business or sellers account, PayPal India is also duty bound by govt rules to transfer money automatically to your Indian bank account.
You will end up losing another 3.5% of your earnings as PayPal fees, in addition to Upwork service fees, instead of just 1 dollar as direct-to-bank transfer.
I speak from experience as I get paid monthly through PayPal and Payoneer by private clients.
User | Count |
---|---|
471 | |
364 | |
290 | |
255 | |
247 |