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What are the fees for exchanging USD to CAD with PayPal?

avatarMichel N'choDec 30, 2021 · 3 years ago3 answers

I'm planning to exchange some USD to CAD using PayPal, and I'm wondering what the fees are for this transaction. Can anyone provide me with information on the fees charged by PayPal for exchanging USD to CAD?

What are the fees for exchanging USD to CAD with PayPal?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    When exchanging USD to CAD with PayPal, there are some fees involved. PayPal charges a currency conversion fee, which is a percentage of the total amount being exchanged. The exact fee percentage may vary, so it's best to check PayPal's website or contact their customer support for the most up-to-date information. Additionally, PayPal may also charge a fixed fee for the transaction. It's important to consider these fees when deciding whether to use PayPal for your currency exchange.
  • avatarDec 30, 2021 · 3 years ago
    Exchanging USD to CAD with PayPal incurs fees. PayPal's currency conversion fee is typically around 2.5% to 4% of the total amount being exchanged. However, it's important to note that this fee can vary depending on factors such as the amount being exchanged and the current exchange rate. PayPal may also charge a fixed fee for the transaction, which can range from a few dollars to a higher amount. To get the most accurate information on the fees, it's recommended to visit PayPal's website or contact their customer support.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to exchanging USD to CAD with PayPal, it's important to be aware of the fees involved. PayPal charges a currency conversion fee, which is a percentage of the total amount being exchanged. The exact fee percentage may vary, so it's advisable to check PayPal's website or reach out to their customer support for the latest fee information. Additionally, PayPal may also charge a fixed fee for the transaction. It's always a good idea to compare the fees charged by different platforms before making a decision on where to exchange your currency.