Paypal + Withdraw Questions if i Withdraw 100 $ from my paypal to My Indian bank account how much charges paypal they cut?
Withdrawal charge is Rs. 50 if you withdraw 7000 Rs. or less then that. No withdrawal charge for more then 7000 Rs. withdrawal. DON.
2 things you have to check while withdraw 1st if you withdraw less than Rs7000 then you need to pay Rs50 as fee. 2nd you need to check withdraw conversion rate which will be under withdraw tab in paypal.
PayPal will deduct 50 rupees after conversion to INR if the withdrawal amount is less than 7,000 (in your case it will be around INR 4,400 or so)
They do not charge any fees directly ( in case of bank withdrawal and in case of amount > Rs 7000 ) but they do keep the currency conversion rate always pressed so as they make from from from the exchange. their currency exchange rate however depends on the actual currency conversion, but is always poorer than it. expect loosing nearly Rs 1 per dollar converted at the time of withdrawal. But that wont matter because if you have balance in paypal you have no choice than to withdraw it. Just my personal experience, no offense.
Well, it's not some Guesswork about the poorer rates and there is no need to do "nearly" IMHO. As it states in paypal policy also, any currency conversion gets charged at 2.5% of the amount. That's it. nothing more, nothing less. One can also calculate himself according to this 2.5%
Yup it is abt 2.5%. In rupee terms you are set to loose something like 1.4 - 1.5 Rs / Dollar. So, say you withdraw 1000$, you loose nearly 1400 - 1500 Rs to Paypal.
well, just wrote a blog post for this http://evevoltech.com/paypal/how-to-know-to-calculate-your-paypal-fees/