w~~_7.JPG "pjcdn2005"){kind=avatar}
Take a look at the PayPal site for each country.
When checking Australia for example, I saw:
https://www.paypal.com/au/webapps/mpp/paypal-fees
You will find that PayPal charges 3.5% to convert to/from Cdn$ or US$ (compared to 2.5% here) and 4.0% for other currencies.
Keep reading....
Then go to:
https://www.paypal.com/webapps/mpp/ua/cfsgpds-full?country.x=AU#18_Fees_and_charges
In addition to the fees below, a currency conversion may apply if sending a foreign currency.
Recipient country | PayPal balance or bank account | Entirely or partially funded by Credit Card |
Brazil | 1% | 5.99% + fixed fee |
Canada | 1% | 3.9% + fixed fee |
China | 0.5% | 3.9% + fixed fee |
Hong Kong | 0.5% | 3.9% + fixed fee |
Singapore | 0.5% | 3.9% + fixed fee |
Taiwan | 0.5% | 3.9% + fixed fee |
US | 1% | 3.9% + fixed fee |
Germany | 3.3% | 5.2% + fixed fee |
Italy, Netherlands, Belgium, France | 1.8% | 5.2% + fixed fee |
Poland | 2% | 4.9% + fixed fee |
Other European countries* | 1.5% | 4.9% + fixed fee |
All other countries | 0.5% | 3.9% + fixed fee |
Then you have the receiving fees:
Receiving (selling) fees
You may apply for merchant rates when you meet a qualifying calendar monthly sales volume and keep your account in good standing. See Merchant Rates for more information.
Rate type | Monthly sales volume | Domestic Transactions*^ | Cross-border Transactions* | Website Payments Pro – Hosted Solution and API - Domestic Transactions^ | Website Payments Pro – Hosted Solution or API – Cross-border Transactions | Virtual Terminal – Domestic Transactions^ | Virtual Terminal – Cross-border Transactions |
Standard rate | - | 2.6% + fixed fee | 3.6% + fixed fee | 2.6% + fixed fee | 3.6% + fixed fee | 3.6% + fixed fee | 4.6% + fixed fee |
Merchant rates | $2,500.01 - $5,000.00 | 2.2% + fixed fee | 3.2% + fixed fee | 2.2% + fixed fee | 3.2% + fixed fee | 3.2% + fixed fee | 4.2% + fixed fee |
$5,000.01 - $15,000 | 2.0% + fixed fee | 3.0% + fixed fee | 2.0% + fixed fee | 3.0% + fixed fee | 3.0% + fixed fee | 4.0% + fixed fee | |
$15,000.01 - $150,000 | 1.5% + fixed fee | 2.5% + fixed fee | 1.5% + fixed fee | 2.5% + fixed fee | 2.5% + fixed fee | 3.5% + fixed fee | |
$150,000.01 and over | 1.1% + fixed fee | 2.1% + fixed fee | 1.5% + fixed fee | 2.5% + fixed fee | 2.5% + fixed fee | 3 |
"they don't allow ..."
Who is "they"?
Blame the US Treasury and US Congress. Their currency... their rules.
@nrg_svr wrote:My e-mail from Paypal noted the following, which has me a bit confused:
".... UA and the Pro/VT Agreement to update the fees that apply to Canadian sellers selling to buyers located in the United States. These fee changes will go into effect on April 13, 2016, but do not apply to you..."
They bolded the NOT....
So come April 13, I guess I get to keep whatever old rate is effective?
Who knows.
Waiting for the correction e-mail to come.
So bottom line, for non-discounted transactions.... it looks like the rate goes from 2.9% to 3.7%
That's a 28% increase in the fee, and a HUGE profit grab for Paypal.
Reviving this question.......These fee changes will go into effect on April 13, 2016, but do not apply to you (bold done by PayPal).
I've now received this notice on all my PayPal accounts. One of them is my main PP account for eBay sales, in it the "but do not apply to you" part is included. In the others which are essentially buying accounts that wording is NOT included.
Has anyone gotten any clarification on this? On the surface it makes it sound like some users will get hit with the cross border fee on US sales and some won't. Besides the fact that it's my main selling account the one with the "not" is an old account originally set up in the USA and transferred into a Canadian account when PayPal Canada was established, it's also the only account of mine with a bank account attached and it's a US based bank account..
"my US based Paypal account"
Do you mean you have two different PayPal accounts with two different email addresses, and two different mailing addresses one in Canada and one in the USA?
For years I maintained a bank account in the USA where my PayPal balance in US$ would be transferred and a Cdn$ balance for money transferred to Canada.
However, that was in ONE account, using seven different email addresses and two banks (one in Canada, one in the USA).
So your 700+ listings under dutchman48 are they linked to your PayPal account with a Canadian or US address?
Your photo is HUGE! (Sorry. I just had to)
It took 10 whole seconds to load on my computer...
Alex
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