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PayPal international money transfers

Discover more about using PayPal to transfer money abroad.

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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Details

Product NamePayPal International Money Transfers
Customer ServiceEmail
Available CurrenciesAUD, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, MYR, NOK, NZD, PHP, PLN, RUB, SEK, SGD, THB, TWD, USD

PayPal is one of the most well-known ways to pay online and is particularly helpful for users who want an added layer of security when online shopping. While PayPal is a popular option for buying and selling online domestically, you can also use it to send money both domestically and internationally. However, if you are planning to send money to loved ones abroad, PayPal's international fees and weaker exchange rates may put you off.

How do PayPal international money transfers 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. The company supports international money transfers to over 200 countries and you can process your transfer in a few working days.

Why should I consider PayPal international money transfers?

  • 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 24 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 comes 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.

Compare money transfer services now

How much are PayPal's international fees?

PayPal international 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 have snuck up on you.

PayPal fees in AUD

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

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 min, $5.99 max)
Credit card or debit cardAny other country5% of the transaction ($0.99 min, $5.99 max) + 2.6% of the transaction amount paid using a card + a fixed fee based on currency

Fixed fee based on currency

Part of the fees you will need to pay are the fixed fee which varies based on currency. Here's the breakdown of PayPal's current fees as of May 9, 2022.

CurrencyFee
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
CurrencyFee
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

How are PayPal's exchange rates?

If a transaction requires a 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 a currency conversion, including sending money, will be done at 4% above mid-market rates.

Compare PayPal to other money transfer services

Our table below lets you compare services you can use to send money abroad. Compare fees, exchange rates and discounts from different money transfer services, and when you have made your choice, click Go to site.
1 - 20 of 22
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
TorFX
24 hours
$0

View details
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.
Send Payments
24 hours
$0

View details
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.
OFX
24 hours
From $15

View details
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Western Union
Within minutes
From $0

View details
Western Union sends money online to friends and family in 200+ countries around the world.
XE Money Transfers
Within minutes
$0

View details
XE has fast transfers with low fees and a range of foreign currency tools.
TorFX
24 hours
$0

View details
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.
Send Payments
24 hours
$0

View details
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.
SingX
Within minutes
0.45%

View details
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.
Wise (TransferWise)
24 hours
From 0.35%

View details
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
Instarem
Within minutes
From 0%

View details
Instarem offers simple transfers with a flat 0.5% transfer fee for most transfers.
Remitly
Within an hour
From $2.99

View details
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.
CurrencyFair
Within minutes
From $0

View details
Special offer: New customers get unlimited fee-free transfers for their first 3 months. T&Cs apply.
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
WorldRemit
Within minutes
$1.99
SPECIAL OFFER ✓ Use the code ‘4FREEFINDER’ to get 4 free transfers if you are a first time user. Eligible countries only.

View details
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.
MasterRemit
Within minutes
From $1

View details
Send money in minutes at competitive exchange rates with this Australian money transfer service.
SingX For Large Transfers
Within minutes
0.45%

View details
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.
WorldFirst Business Transfers
WorldFirst Business Transfers
24 hours
From $0

View details
All new customers who send more than AUD$10000 in June and July are eligible to receive a $300 Woolworths gift card. Conditions apply.
Open bank accounts in Australia, the UK, US, Canada, Japan and Europe. Send and receive funds with zero fees for large sums, including same-currency supplier payments.
Airwallex
Within minutes
$0

View details
Airwallex can help you make business payments to 23+ currencies using competitive interbank rates and no fees for most transfers.
TorFX Business Transfers
24 hours
$0

View details
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.
Send business
Within minutes
$0

View details
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.
OFX Business Transfers
24 hours
From $15

View details
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
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Compare up to 4 providers

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 PayPal account, add money to it and then choose who to send the money to.

Creating a PayPal account

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

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, then follow these steps:

  1. Go to Wallet.
  2. Click Transfer money.
  3. Click Add money to your balance.
  4. Follow the on-screen steps to complete the transfer.

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.

Sending 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 your recipient lives in. In general, you will need to follow these steps:

  1. Log in to your account and click Send & Request.
  2. Enter your recipient's phone number or email address.
  3. Select the purpose of the transfer - you can choose from Sending to a friend and Paying for an item or a service.
  4. Enter the amount you want to send.
  5. Review and confirm your transfer information and click Send Money Now.

Receiving money through 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.

  1. PayPal will send you an email, a text message or both to let you know there is money in your account.
  2. You can spend money directly from your PayPal account or make a withdrawal to your linked bank account.
  3. 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.

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 10, 2022
Google Play Store4.4 out of 5, based on 2,557,343 customer reviews
Apple App Store4.8 out of 5, based on 175k customer reviews

More on the best money transfer apps

Frequently asked questions

Find out other alternatives to PayPal

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

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

New customers get their first transaction for free with code FIRSTFREE. T&Cs apply.
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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14 Comments

  1. Default Gravatar
    Guru
    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
      Ash
      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.

      Cheers,
      Ash

  2. Default Gravatar
    Billa
    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 : naconncyHbill@paypal.com
    Merci

    • Avatarfinder Customer Care
      Shirley
      September 15, 2015

      Hi Billa,

      Thanks for your question

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

      Cheers,
      Shirley

  3. Default Gravatar
    suzanne
    August 10, 2015

    Can I send money to Nigeria for cash pick up ?

    • Avatarfinder Customer Care
      Marc
      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.

      Cheers,
      Marc

  4. Default Gravatar
    Maswood
    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
      Belinda
      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.

      Thanks,
      Belinda

  5. Default Gravatar
    Tombe
    July 17, 2015

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

    • Default Gravatar
      Belinda
      July 22, 2015

      Hi Tombe,

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

      Thanks,
      Belinda

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