However, if you’re sending money internationally or require currency conversion at all, you may find there’s a charge.
PayPal transfer fee in Singapore: Sending moneyįor local payments to friends and family, which you fund with your PayPal balance or a linked bank account there is no fee. Sender will pay any relevant currency conversion feeġ% of amount transferred, to a maximum of 15 SGDģ% + any applicable currency conversion fee If the payment method you choose will involve a fee, you’ll be notified before the payment is processed.⁵ Recipient fees may apply. No fee unless currency conversion is required³įree to send when funded using your PayPal balance or a linked bank account⁴. Let’s start with a look at the key PayPal transaction fees for Singapore. These can mount up fast if you’re caught unawares. While many simple transactions - and most local shopping you’ll do online - are free, there are some costs to consider for more complex transactions.
#Paypal transaction fees full#
If you’re interested in getting PayPal for business, check out the full guide to PayPal business accounts in Singapore here. To help you decide if PayPal is the right option for you, we’ll also introduce Wise and the Wise multi-currency account as a comparison.īefore we get started it’s worth noting that here we’ll focus on the PayPal fees for personal accounts. However, the good news is that PayPal personal payments are back - and this guide has all you need to know, including PayPal Singapore fees, availability and the answers to some common PayPal Singapore questions. PayPal Singapore has a slightly chequered history, having previously offered personal payments, before stopping this service back in 2013². You can now use your PayPal account to shop online and make PayPal friends and family payments in Singapore and around the world¹.
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