if my client is from india Que 1 : His Paypal Business Merchant Account is in $ currency Now in his Paypal Account $100 balance now they want to withdrew In His Local Indian Bank Then How much Currency Conversion Charge cut When They Transfer Money $ to INR? Que 2 : His Paypal Business Merchant Account is in $ currency Now in his Paypal Account $100 balance now they want to withdrew In His Local Indian Bank One Indian Bank Provide $ currency account so if they withdrew $ to $ in his Bank Account then Any Conversion Charge charge apply?
One can withdraw only in INR from indian paypal account as far as i know. Currency conversion depends on exchange rate that time. DON.
It will be converted automatically by paypal to indian currency, but you'll get lower exchange rate than what it should be. Lower exchange rate is the paypal's fee. If you have 100USD and you convert in your account from USD->EUR->USD for example, your balance will be 97USD, if i'm not mistaken.
One more thing that one needs to pay 50 INR as a fee too for withdrawal less then 7000 INR. No fee for withdrawal more then 7000 INR. DON.
If you transfer $200 to your account, then it'll be free. Though, the USD->INR conversion rate is not exactly the same as the current market price. It is generally Rs. 1.2-1.5 less than the current exchange rate.
It depends on final value of INR. I said earlier that you don't have to pay any fees for withdrawal > 7000 INR and you need to pay 50 INR for withdrawal < 7000 INR. DON.
If you withdraw in $$ then also they convert it into INR if you are withdrawing to indian bank account. DON.
in india EEFC account we can open in $ so that is why i am asking. can you please tell me is any charge if i withrew $ to $ in EEFC account? http://www.rbi.org.in/scripts/FAQView.aspx?Id=21
The conversion rate for PP is very low, suppose today's $ value in India is 45RS then PP will give 44.11 something like that (app 1 rupee). Also 50 rs will be charged for withdrawals less than 7000. You cannot withraw the currency in dollars to your bank account.
Adsense has two options - Indian publishers can withdraw in USD or INR. Does Paypal offer a similar option too? I can't find any such option in my Paypal account. When I try to add a new bank account to Paypal, this is what I see: .
Even I too have this doubt, I have an EEFC account opened in Indusland bank, India. But the account is not in rupees it is in $. Will I be able to transfer the funds from my paypal account to my EEFC account without any charge. So I am here talking about $ to $ not $ to INR