PayPal international money transfers

Did you know that you can use PayPal to transfer money overseas quickly and easily? We show you how.

PayPal is a well-known, digital payments company. Owned by eBay Inc., PayPal offers a fast and safe way to send money online.

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Min. Transfer Amount

AUD 60,000

Max. Transfer Amount

1 day

Transfer Speed

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Product NamePayPal International Money Transfers
Min. Transfer AmountAUD 1
Max. Transfer AmountAUD 60,000
Transfer MethodsOnline, Bank Account to Bank Account
Transfer Speed
Minimum transfer time
1 day
Customer ServiceEmail
Online Transfer FeeAUD 5.99

What is PayPal?

PayPal is a digital payment system that can be used by both individuals and businesses to send and receive payments through the internet without having to share personal data. Although PayPal has long been associated as being the primary payment system for eBay, PayPal has since separated itself and expanded to offer global services that include money transfers, international payments and more.

How does PayPal work?

PayPal works similar to a bank account, in that it allows you to send, receive and store money digitally. PayPal integrates with many online merchants to make shopping online more seamless and private, and users can see a full history of transactions in their PayPal account history. Overall, PayPal can be used in a lot of the same places you'd shop with a credit or debit card.

Why should I consider PayPal?

  • Fast transfers to other PayPal users. Transfers direct from one PayPal account to another are almost always instant.
  • Security. PayPal monitors all transactions for fraud, uses industry-standard encryption and has many dispute resolution options. Additionally, AI systems add to PayPal's resiliency against fraudulent transactions.
  • Worldwide network. PayPal is available in more than 200 countries around the world, but you'll be limited to the 20+ currencies that PayPal supports.
  • Free domestic transfers. When sending domestically from one PayPal balance to another your transaction will be free if you send through the "Friends and Family" option.

What should I be aware of with PayPal?

  • Expensive international transfers. You face a layer of fees that vary by method, amount and country. Many transfers to recipients outside Australia come with fees based on your transfer amount in addition to a flat fee in the currency you're transferring to.
  • Weak exchange rates. When sending money to foreign currencies you'll be forced to accept an exchange rate below the mid-market rate.
  • Fees when using credit and debit cards. Expect yet more fees if your plan to fund your transaction with plastic, rather than your PayPal account or a linked bank account.
  • Extra steps when receiving money. When someone pays you on PayPal you have to manually go into your account and request a bank payout — further increasing the time it takes for that money to hit your bank account.

PayPal's exchange rates and fees explained

PayPal international transfer fees depend on where you're sending money to, how you're sending it and how you plan to fund it. For international deliveries you face layers of fees that include flat rates and percentages of your transaction amount. PayPal does not have any hidden fees, but its fee structure is complex to say the least. When using PayPal, pay close attention to fees and exchange rates to avoid feeling like hidden fees snuck up on you.

PayPal fees in AUD

The following fees apply when sending money to friends and family.

Funding methodDestination countryFees
PayPal balance or linked bank accountAustralia$0
Credit card or debit cardAustralia2.6% of transaction amount + $0.30
PayPal balance or linked bank accountAny other country5% of the transaction ($0.99 minimum, $5.99 maximum)
Credit card, debit card or PayPal CreditAny other country5% of the transaction ($0.99 minimum, $5.99 maximum) + 2.6% of the transaction amount paid using a credit card, debit card or PayPal Credit + a fixed fee based on currency

PayPal goods and services selling fees

When selling goods and services through PayPal, these are the fees you'll have to pay based on what country the PayPal account of the person buying from you comes from and what type of transaction it is.

Sale occurs:Buyer's PayPal account is from:Fee
PayPal Wallet online and invoicing transactionsIn Australia2.6% of the transaction amount + a fixed fee based on the currency.
PayPal Wallet online and invoicing transactionsOutside of Australia3.6% of the transaction amount + a fixed fee based on the currency.
Direct card transactions and other payment methodsIn Australia1.75% of the transaction amount a fixed fee based on the currency.
Direct card transactions and other payment methodsOutside of the US3.6% of the transaction amount a fixed fee based on the currency.
Virtual terminalIn Australia3.6% of the transaction amount a fixed fee based on the currency.
Virtual terminalOutside of Australia4.6% of the transaction amount a fixed fee based on the currency.

Fixed fee based on currency

Australian dollar0.30 AUD
Brazilian real0.60 BRL
Canadian dollar0.30 CAD
Czech koruna10 CZK
Danish krone2.60 DKK
Euro0.35 EUR
Hong Kong dollar2.35 HKD
Hungarian forint90 HUF
Israeli shekel1.20 ILS
Japanese yen40 JPY
Malaysian ringgit2.00 MYR
Mexican peso4.00 MXN
New Zealand dollar0.45 NZD
Norwegian krone2.80 NOK
Philippine peso15 PHP
Polish zloty1.35 PLN
Russian ruble10 RUB
Singapore dollar0.50 SGD
Swedish krona3.25 SEK
Swiss franc0.55 CHF
Taiwan new dollar10 TWD
Thai baht11 THB
UK pounds sterling0.20 GBP
US dollar0.30 USD

PayPal's exchange rates

If a transaction requires currency conversion, it will be done automatically and at a fee of 3% or 4% of the total transaction amount, in the form of above mid-market exchange rates.

Converting currencies within your own account will incur a 3% conversion fee, while all other transactions that involve currency conversion, including sending money and making purchases, will be done at 4% above mid-market rates.

Compare PayPal to other money transfer services

Most other services that send money overseas will be able to offer you a better exchange rate than PayPal. Check out the table below to see what your transfer could look like with another company.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 0 1 - 2 days AUD 0.00 0.724 USD
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries. Go to site Show details
AUD 2,000 1 day AUD 0.00 0.727 USD
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Go to site Show details
AUD 1 Within an hour AUD 0.00 0.726 USD
Send money in minutes at competitive exchange rates with this Australian money transfer service. Go to site Show details
AUD 250 1 - 2 days AUD 0.00 0.726 USD
$0 transfer fees for Finder customers.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.726 USD
Send guarantees to match any competitor’s exchange rate. T&Cs apply.
Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
Go to site Show details
AUD 1 Same day AUD 0.00 0.725 USD
XE has fast transfers with low fees and a range of foreign currency tools. Go to site Show details
AUD 1 Same day AUD 3.99 0.72 USD
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details
AUD 1 1 - 2 days AUD 45.00 0.726 USD
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies. Go to site Show details
AUD 200 1 - 2 days AUD 50.00 0.728 USD
Exclusive: New customers sending over 500 AUD from Australia use code FINDER50 to get 50 AUD off. Pay zero fees on your first transaction. Valid till 31 December 2021. T&Cs apply.
Instarem offers simple transfers with a flat 0.5% transfer fee for most transfers.
Go to site Show details
AUD 1 1 day AUD 52.00 0.725 USD
Pay no fees on your first two transfers, up to $3,000.
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Go to site Show details
AUD 10 Within an hour AUD 2.99 0.721 USD
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site Show details
AUD 5 1 - 2 days EUR 3.00 0.726 USD
Special offer: Zero fees on your first 10 transfers.
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Find out other alternatives to PayPal

Want to compare PayPal with other services side-by-side?

How to use PayPal

One of the most popular uses for PayPal is to send and receive money online. Whether you're sending this money to businesses or friends, the process is similar. In general you'll have to create your account, add money to it and then choose who to send it money to. Here are the steps:

Making a PayPal account

Creating a PayPal account can be done for free and with little verification needed. To begin, follow these steps:

  1. Visit PayPal's website and click Sign Up for Free.
  2. Next, you'll be prompted to choose between a Personal Account and a Business Account. Chances are you want a personal account — if you're signing up your business account, head on over to our PayPal for Business page for more information.
  3. Enter your name, email and a password then click Next.
  4. You'll then be asked for your address and phone number — these help PayPal confirm you're a real person.
  5. Now you're ready to add money to your PayPal account.

Once your account is created you can start receiving money right away, but you'll have to add a payment method and bank account if you want to withdraw funds.

Adding money to PayPal

You don't need to add money to your PayPal account to use it. Instead, you can simply link a bank account or card. But if you do want to add money to your PayPal wallet:

  1. Visit PayPal's website and login.
  2. Click Wallet at the top of the screen.
  3. Click Transfer Money, and then select Add money to your balance, which is under Money in.
  4. Choose your preferred bank account, enter the amount to transfer and click Add.

Transfers into your PayPal balance typically take 3-5 business days and incur no PayPal fees. However, it is always worth double checking with your bank account beforehand to make sure your bank won't charge any fees.

How to send money through PayPal

Money can be sent both domestically and internationally with PayPal. Different fees may apply depending on who you are transferring to, the purpose of the transfer and what country they live in. In general, to send a domestic PayPal transfer:

  1. Log in to your account and click Send & Request.
  2. Enter your recipient's phone number or email address, the amount you want to send and a description of the transfer.
  3. Review the total cost for your transaction, including transfer fees, your payment method and possible fees depending on transfer destination and speed.
  4. Click Send Payment Now if you're ready to transfer your funds.

How to receive money on PayPal

Money can be sent to your PayPal account through your connected email address or mobile number, so be sure you provide the person paying you with the correct information. Once they've paid you, PayPal will send you an email, a text message or both to let you know there is money in your account.

You can spend money directly from your PayPal account, or make a withdrawal from your PayPal account to your bank account.

To transfer to your bank account, click the Transfer to your bank button after you accept the money.

Is PayPal safe?

PayPal takes many measures to keep your money and transactions safe and secure, but how you use PayPal still factors into whether or not it is safe for you to use. PayPal helps keep you and your money safe by:

  • Protecting your sensitive information. PayPal doesn't share your full financial information with sellers, which may help protect you from identity theft.
  • Monitoring transactions 24/7. Both humans and algorithms monitor PayPal transactions to spot fraud.
  • Encrypting your data. PayPal uses bank-level encryption, including SSL 3.0 with an encryption key length of 168 bits.
  • Offering fraud prevention. PayPal will never contact you asking for sensitive information by email or telephone — always contact PayPal if anything about your account history seems suspicious.
  • Providing dispute resolution. PayPal will help resolve disputes between buyers and sellers when PayPal is used as the payment method.

What PayPal reviews look like

Reviews accurate as of May 11, 2020.

Trustpilot score1 out of 5, based on 9,985 customer reviews
BBB ratingA, with 10,765 complaints in the last 3 years
PCMag.com4 out of 5, staff reviewed

PayPal is a massive global company that has millions of daily users. When investigating the negative reviews on Trustpilot we saw a trend of customers complaints focused on poor customer service and extremely long wait times on both phone and chat support. To avoid some of these issues, always be sure to read existing reviews on a buyer before making a purchase. Also, thoroughly read PayPal's buyer protection fine print to fully understand what is and isn't covered before relying on it to guarantee you a refund. Many of the scams that people face on PayPal common money transfer scams, so read up on our list of common scams and how to avoid them to save yourself time and stress.

Is there a PayPal app?

PayPal app screenshot

PayPal has an app on both Google Play and the App Store. The app can be used to:
  • Send money to loved ones. Send money within Australia using your PayPal balance or bank account for free.
  • Log in using biometrics. Both face and fingerprint recognition can be used to log in.
  • Send money around the world. Send money internationally through PayPal.

PayPal app reviews

Reviews accurate as of May 11, 2020
Google Play Store4.4 out of 5, based on 1,347,478 customer reviews
Apple App Store4.8 out of 5, based on 3,324,851 customer reviews

More on the best money transfer apps

Bottom line

PayPal is a strong solution for fee-free direct domestic transfers to other PayPal accounts. But international transfers come with a complicated fee structure you're likely better off avoiding with a money transfer specialist offering lower fees and stronger rates — especially on large transfers.
Looking for an alternative? Compare services like PayPal to get the best rates and fees.

Frequently asked questions

Where can I use PayPal?

PayPal can be used in more than 200 countries and thousands of stores around the world.

How long do PayPal transfers take?

International Money Transfer Offers

Important Information*
Logo for Azimo International Money Transfers
Azimo International Money Transfers

Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.

Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.

Logo for MasterRemit International Money Transfers
MasterRemit International Money Transfers

Send money in minutes at competitive exchange rates with this Australian money transfer service.

Logo for OFX (Ozforex) International Money Transfers
OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.

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    Default Gravatar
    July 18, 2019

    I am a freelancer from the Philippines with a client from Australia. I am looking for the best option to be paid for my services. I am considering using paypal. How much would I be charged for the transfer? What is my best alternative option to reduce costs? Thank you

      Default Gravatar
      July 19, 2019

      Hi Guru,

      Thank you for contacting Finder.

      The Paypal transfer fee depends on how are you funding the transfer. If it’s coming from your Paypal balance or bank account, there will be a $5.99 AUD fee. If it’s coming from your credit or debit card, there will be a 2.6% of the portion funded + 30c AUD (fixed fee depending on where the money transfer will come from).

      You may also compare other money transfer providers which your Client can use to send money from Australia to the Philippines.

      I hope this helps.

      Please do not hesitate to reach out again to us.


    Default Gravatar
    September 14, 2015

    Bonnjour j’ai besoin d’un credit d’un outil de travaill nomer Garrett ATX a la somme de 2300€ pour 2 ans de rembourcement mon Email :

      Avatarfinder Customer Care
      September 15, 2015

      Hi Billa,

      Thanks for your question

      Please be mindful that is an Australian comparison service a – in most cases you’ll need to be an Australian resident to be eligible to apply online.


    Default Gravatar
    August 10, 2015

    Can I send money to Nigeria for cash pick up ?

      Avatarfinder Customer Care
      August 11, 2015

      Hi Suzanne,

      Thanks for the question.

      Paypal will only allow you to send money to another person’s Paypal account, rather than have cash pickup. We have written a guide on sending money to Nigeria which explains some of the services you can use to send your recipient cash. Please ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you initiate a money transfer.


    Default Gravatar
    July 22, 2015

    Hello All,

    I have a question.

    I wanted to know if I could use Paypal card reader in Australia with my Singaporean Business Paypal account ?

      Default Gravatar
      July 23, 2015

      Hi Maswood,

      Thanks for your enquiry.

      As long as you’re in the vicinity of Australia, you should be able to use the Paypal card reader with your Singaporean business account.

      If you have any further enquiries regarding this type of transfer, please get in touch with PayPal directly.


    Default Gravatar
    July 17, 2015

    can you accept transfer money by Western Union to the PayPal through your services

      Default Gravatar
      July 22, 2015

      Hi Tombe,

      I’ve sent you an email to follow up with this enquiry.


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