{"id":1446,"date":"2021-02-10T15:30:59","date_gmt":"2021-02-10T15:30:59","guid":{"rendered":"https:\/\/kabayanremit.com\/blog\/?p=1446"},"modified":"2021-02-10T15:30:59","modified_gmt":"2021-02-10T15:30:59","slug":"transfer-money-from-paypal","status":"publish","type":"post","link":"https:\/\/kabayanremit.com\/blog\/finance\/transfer-money-from-paypal\/","title":{"rendered":"How to transfer money from PayPal to bank account"},"content":{"rendered":"
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Do you need to transfer money to your friends and family abroad? One of the easiest ways to do so is through PayPal<\/a>. Though PayPal is more well-known as an online payment service provider, you can also use it as a money transfer platform. Although it’s free to use locally, using PayPal can be quite expensive when sending money abroad. To give you an idea on Paypal’s funds transfer service, we’ve laid out some information below on how you can do it and how to transfer money from PayPal to bank account.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n

Sending money with PayPal<\/h2>\n\t
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It’s easy and straightforward to send money to a bank account through PayPal. Though it’s free to transfer money locally, PayPal may not necessarily be the cheapest option when sending funds overseas.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n\n\t

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PayPal collects fees from the sender’s payout amount and adds a markup on the exchange rate. As a sender, you’ll be charged for both the service and conversion fees, so you’ll end up paying more, but your receiver will end up getting less.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n\n\t

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Using remittance services like\u00a0<\/span>Kabayan Remit<\/span><\/a>\u00a0will cost you less. Kabayan Remit offers competitive service fees and very minimal markup on the exchange rate, so you’ll get more from your money’s worth. See for yourself using both companies’ calculator:<\/span><\/p>\n\n\t\t<\/div>\n\t<\/div>\n\n\t

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