Paypal withdrawal free?

Discussion in 'PayPal' started by Milenko, Aug 25, 2007.

  1. #1
    Hi all

    According to the Paypal website it's free to withdraw funds to my bank account if it concerns 100 euro or more. I wondered if there are any other costs involved, I mean will my bank (in Belgium) charge me anything to receive these funds?

    Thank you!
     
    Milenko, Aug 25, 2007 IP
  2. ace.tuku

    ace.tuku Peon

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    #2
    Transfer funds to US back accounts costs you Nothing. I'm not aware if thatz same in Europe or not. The Bank however doesn't charge you for any fees.
     
    ace.tuku, Aug 25, 2007 IP
  3. Milenko

    Milenko Peon

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    #3

    Thanks! Hope someone from Europe can confirm :)
     
    Milenko, Aug 25, 2007 IP
  4. eddy2099

    eddy2099 Peon

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    #4
    If your default currency in Paypal is in EUR and your bank account is in EURO then there is no fees. If you are converting from US$ to EUR then there is a 2.5% foreign exchange fees which would be tagged to the exchange rate which Paypal uses.

    Other than that, there should not be any more fees. https://www.paypal.com/be/cgi-bin/webscr?cmd=_display-fees-outside
     
    eddy2099, Aug 25, 2007 IP
  5. Jarodboy

    Jarodboy Prominent Member

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    #5
    I'm from europe, not Belgium though, and my bank doesn't charge me anything.
     
    Jarodboy, Aug 25, 2007 IP
  6. mixke

    mixke Prominent Member

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    #6
    Paypal charge fees for currecncy conversion and its lower than the rate mentioned by xe.com but if its same currency then they wont charge IMO.Shoot em a mail about this for confirmation.
     
    mixke, Aug 25, 2007 IP
  7. Milenko

    Milenko Peon

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    #7
    Thank you all for your quick replies :)!
     
    Milenko, Aug 26, 2007 IP
  8. ritadebock

    ritadebock Peon

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    #8
    If your default currency in Paypal is in EUR and your bank account is in EURO then there is no fees.
     
    ritadebock, Aug 26, 2007 IP
  9. cleanwater

    cleanwater Banned

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    #9
    I know they charge me 5$ for withdrawal from pp to my cc.
     
    cleanwater, Aug 26, 2007 IP
  10. eddy2099

    eddy2099 Peon

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    #10
    I don't believe that Paypal allows withdrawal to a credit card. I supposed it is your bank or your card issuer which charges you that $5 instead.
     
    eddy2099, Aug 27, 2007 IP
  11. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #11
    Its not possible to withdraw funds from your paypal to cc as their terms see below given.

     
    deluxdon, Aug 27, 2007 IP
  12. Hellfire81

    Hellfire81 Peon

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    #12
    is it a "real" cc or a prepaid debit card?

    if it´s prepaid debit card there are many mastercards and visas out there which can be loaded through paypal (unfortunately most of them only for us citizens)
     
    Hellfire81, Aug 27, 2007 IP