Paypal withdraws cash from domestic banks

The first method is to pay the withdrawal through the official partner of paypal, and each order will be charged a handling fee of 65438+ 0.2% of the withdrawal amount. The premise of this embodiment is that the amount is not large. If the amount you withdraw is multiplied by 65,438+0.2%, it will exceed $35.

The second withdrawal method, telegraphic transfer, charges a handling fee of $35 for each withdrawal, regardless of the amount. When your withdrawal amount is $29 16.67, the expenses of the two withdrawal methods are the same, and it is more cost-effective to use telegraphic transfer when you exceed $29 16.67.

1.Paypal has two kinds of handling fees:

1. Withdraw cash to China and deposit it in US dollars. A single withdrawal is $35, and withdrawals of 200 or 65438+ 10,000 are $35. I suggest you accumulate more before withdrawing.

2. A fee of 65,438+0.2% will be charged for withdrawing cash into RMB domestic account. It is recommended that you can use this cash below $3,000.

So what should users do when they want to withdraw cash?

Second, there are several ways to withdraw from Paypal.

1. Cash can be withdrawn from the local bank in China by wire transfer.

1) Withdraw cash by adding local banks in China. At present, there are ICBC, China Merchants Bank, China Construction Bank, Bank of China, Agricultural Bank and other 14 banks. Among them, the newly added cash withdrawal behavior is "Zhejiang Tailong Commercial Bank".

2) The minimum withdrawal amount is $150;

3)3-7 working days;

4) During the promotion period, the handling fee is $35 per transaction, and there is no withdrawal limit for the certified account.

5) The refund fee for failed cash withdrawal is $65,438+05, and the refund fee and possible exchange loss shall be borne by the user.

2. Withdraw cash from Hong Kong bank account

1) 5_7 working days;

2) The minimum withdrawal amount is 80 yuan;

3) A handling fee of HK$ 3.5 is charged for withdrawals below HK$ 65,438+0,000, and no handling fee is charged for withdrawals above HK$ 65,438+0,000;

4) The refund fee for failed cash withdrawal is 20 yuan, and the refund fee and exchange loss shall be borne by the user.

3. What is paypal payment?

PayPal is an international trade payment tool and one of the most widely used third-party payment tools in the world. This is an account type designed for users with international payment needs. PayPal can pay in real time, collect in real time and operate in Chinese. It can easily withdraw cash from local banks in China to solve the problem of foreign trade collection. Simply put, PayPal is a convenient third-party online payment. Just like Alipay and WeChat payment, transfer money directly through online accounts. Compared with traditional telegraphic transfer, Western Union remittance is simpler.

After signing up for PayPal, you can start accepting credit card payments immediately.