yeah, u can try yourself. when we withdrwl money to indian bank then paypal automatically convert currency first into pp acc. {i m sure u saw that pp cut $$ and fill money again into your pp acc in indian rs. } and after 2-4 days then put that money into our acc. so if u want to know about convert fee then go to currency convert seciont into your pp acc then try to chenge $$ into rs. u saw a message that pp take 2rs. on every 1$. [sorry i try it long time ago so can't able to post exect process, if u still dont understand then let me know, i will try again and suggest u step by step process] ~jakki~
Paypal is not stealing your money!!!!! Paypal offering free service to every one right? Then by offering free account how they survive in market?? How they pay for their employee?? How they pay for security system?? How they pay for other bla bla things?? They need money for all this. Why you guys are looking for only free service!! See their service, reliability, robustness, Easy to use etc etc etc. If you don't want to loose such small amount of money. Better go for some paid service to transfer your money. I love their service I am transferring more than $1000 per month... I am only looking for their service
Well you can save this PayPal's 2.5% conversion fees. You can get 100% of your PayPal money from your country's local ATM booth without losing a single cent anyway. All you need is a US Bank Account with Debit Card. To know more check my signature.
If I am not mistaken, PayPal charges an extra 2% in addition to the currency exchange rate you are getting, that is why it is higher.