When Paypal money transfer For transactions, many of you will be interested in the cost of transactions. Because this transaction amount is also quite high compared to transferring money at banks, many of you also want to refer to how to transfer money to limit costs when using Paypal wallet. This article Banktop will guide you 1 tip!

About Paypal wallet

Paypal is an e-wallet widely used around the world, including Vietnam. With the task of transferring and receiving money nationwide, with high security and absolute safety when storing assets on the wallet. Registering to use Paypal wallet is also very simple, requiring you to be over 18 years old, have a bank account or Visa card to be able to make online transactions on the Paypal application.

About Paypal wallet
About Paypal wallet

What are the advantages of Paypal international money transfer service?

Some outstanding advantages when customers use Paypal wallet such as:

  • Creating a Paypal account is completely free, fast, and simple.
  • Fast and secure international money transfer service. Transferring money to relatives through Paypal system will be even more convenient.
  • The application is safe and used worldwide.
  • Fast, secure and safe customer care support.
  • When paying via Paypal, you don’t have to have a card number like Visa or Mastercard to avoid revealing personal information. Because this information was provided when you registered to create an account on Paypal.
  • There are many types of accounts for users to choose from such as: Premier. Personal, Business.

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How much does it cost to transfer money via Paypal?

How much the Paypal money transfer will cost when the transaction will also be answered by us right now. Regarding transactions on the Paypal application, there will be a relatively high fee compared to your transaction at a Vietnamese bank.

But when the customer spends this fee, Paypal will also stand to protect the interests of the customer when transferring or receiving money, there are problems with the transaction, the system will support to solve all problems.

Specifically, when transacting through Paypal wallet, customers will pay the following fees:

  • Transactions made under USD 3,000: Transaction fee is 3.9% + 0.3 USD.
  • Transactions made from 3,000 – 10,000 USD: Transaction fee is 3.4% + 0.3 USD.
  • Transactions made from 10,000 to 100,000 USD: Transaction fee is 3.2% + 0.3 USD.
  • Transactions made over 100,000 USD: Transaction fee is 2.4% + 0.3 USD.

This is a withdrawal fee applied at Paypal, in addition, Paypal does not charge an annual account fee like at a bank. In addition, if you want to withdraw money from your Paypal wallet to your personal bank account, you will pay a fee of 60,000 VND plus a foreign currency transfer fee.

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Free PayPal money transfer tips for you

This is exactly what many of you are interested in about no-fee PayPal money transfer tips. When you choose this method of money transfer, you can save a lot of money, but it also has a little risk. For example, if there is a dispute, Paypal will not be able to handle it for you. So consider it.

Free PayPal money transfer tips for you
Free PayPal money transfer tips for you

It is possible to transfer money from Paypal at no cost. Here’s how to do it for your reference:

  • Step 1: Access and log in to Paypal e-wallet on phone or computer application.
  • Step 2: At the homepage, find and select “Send & Request Payments” and click “Send money to friend and family”. This is a feature that allows you to send money through friends and family absolutely free.
  • Step 3: Enter the Email of the person you want to transfer money to and select “Next”.
  • Step 4: Enter the amount you want to transfer, note in USD. Then select “Continue”.
  • Step 5: The system will display a message about the completion of the transaction. To continue making a transaction, you can return to the Home page and select “Make another payment” and follow the steps above.

Notes when transferring money without fees at Paypal

Regarding Paypal money transfer without fees, when using it, you should note the following issues:

  • Only transfer money to relatives, friends or trusted people. You should not transfer money to strangers in this form to avoid unwanted risks.
  • The free form of money transfer at Paypal is only applicable to the recipient and the remitter living in the same country. If one of the two lives in two different countries, it will not be possible.
  • If there is a problem in the transaction such as a dispute, the customer must take responsibility for it and find a solution by himself. As mentioned above, Paypal will not have any duty or support to interfere in this regard.


So the above article Banktop has guided you to read details on how to transfer Paypal money completely free. If you are interested in saving costs when transacting via Paypal, you can refer to this form and remember the notes when transferring money via Paypal.

Information edited by Banktop.vn


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