What are the fees for withdrawing funds?
If you withdraw 1000 HKD or more to your local bank, then there is no fee. If you withdraw less than 1000 HKD, the fee is 3.50 HKD.
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What are the fees for PayPal accounts?Goods and services Purchase payments: Theres no fee to use PayPal to purchase goods or services. However, if you are a merchant and receive payments for goods or services (such as from selling an item on eBay), a fee will be incurred. International payments: There is a fee What is the chargeback fee?PayPal charges a fee to the seller when the buyer files a chargeback with his/her credit card issuer. If the transaction is protected by Seller Protection Policy, PayPal will cover the amount of the chargeback and waive the chargeback fee. You can view the chargeback fee and process What is the easiest way to calculate fees?One of the easiest ways to calculate PayPal fees paid for the year is to input your fee deductions into Microsoft Excel by following these steps: Download your transaction history for the year and import it into Microsoft Excel. Make sure to download your history as "Comma" or What are the fees for currency conversion?When you use PayPal to convert money into or send a payment in a different currency, you can view the conversion rate at the time of the transaction. The foreign exchange rate is determined by a financial institution, which is adjusted regularly, based on market conditions. This exchange What are the fees for requesting money and invoicing?Theres no fee to send an invoice or money request. You pay a fee when a customer sends you money. Seemore details about PayPal fees. Why does my withdrawal status show Complete but the funds aren’t in my bank account?A Complete status means we have processed your withdrawal. It still may take your bank several days to make the money available in your bank account. If there is a problem with your withdrawal, it may take up to one week for your bank to notify us. We’ll What is the 1 USD (or local currency equivalent) authorisation fee?When you add a card, or update information on the credit card linked to your PayPal account, we make sure your card is still valid. We do this by temporarily holding a small amount on your card, but you will not actually be charged 1 USD (or local How do I withdraw money to my bank account from my PayPal Here™ sales?You can withdraw money from your PayPal balance to a bank account linked to your PayPal account. Here’s how: 1.Tap “PayPal Balance” on the “Profile” page.2.Tap “Withdraw Funds.”•You can only withdraw funds in your primary currency.3.Select the bank account you would like to withdraw the money to.4.Enter the When I authorise a payment, what funding sources will be used to capture the funds?When the merchant captures the authorisation, the currency in which the item is priced is used first. If this currency is not sufficient, your primary balance will be used to fund the transaction. The exchange rate used to convert your balances to the seller's designated currency is whatever How do I withdraw my PayPal balance in different currencies?You can only withdraw from one currency balance at a time. To withdraw the total amount of funds in your PayPal account, you need to transfer all funds to one balance in HK or US dollars. If you hold a balance in other currencies, heres how to transfer How do I find the fees I am being charged?You can find the fees you've been charged in your transaction history. Here's how: Log in to your PayPal account. Click History at the top of the page. See the Fee column in your activity list. Click Fees at the bottom of any PayPal page for more information. What's the difference between Standard Rate and Merchant Rate?The Standard Rate is the basic transaction fee for sellers receiving payments through PayPal. Merchant Rates are determined based on sales volume from the previous calendar month. Here's how you can view the Merchant Rate Criteria and apply for the Merchant Rate: Log in to your account. Click What if I use the Issue Refund link, but I don't have the total amount available in my PayPal balance?When you send a refund using the Issue Refund link, we deduct the total amount of your refund from your PayPal balance. If your PayPal balance does not cover the refund: If you have a confirmed U.S. bank account, we'll withdraw the amount of the refund from your Money was taken from my PayPal account by a merchant. How did this happen?You may have entered into a Billing Agreement with PayPal allowing this merchant to withdraw funds from your PayPal account. To see which Billing Agreements are in effect for your PayPal account: Log in to your PayPal account. Click Settings (the gear icon) on the top right corner How do I issue a refund to my buyer?You can issue a full refund or partial refund up to 180 days after you receive a payment. The total refund amount is taken from your PayPal balance. Therefore, if you dont have enough funds in your PayPal balance, you wont be able to issue a refund. Heres When I issue a refund, are the transaction fees returned?When you issue a refund, well return part of the transaction fees to you. For full refunds, the fixed fee portion of the commercial transaction fees will be retained. For partial refunds,the pro-rata share of the fixed fee portion of the commercial transaction fee will be retained. For How do I close my PayPal account?You wont be able to re-open your PayPal account once its closed. Any pre-approved payments or incomplete transactions will be cancelled. Youll need to withdraw any balance and resolve any issues or limitation before you can close your account. Heres how to close your account: Go to your Why didn't I receive funds for completed orders?Issue You arent receiving funds for completed orders through your PayPal buttons. Causes This error usually results from problems with your merchant accounts email address designated in your button code. Solution Heres how to resolve the problem: Ensure that the email address for your Merchant Account ID is What is FATCA?FATCA is the Foreign Account Tax Compliance Act, which is a United States law designed to combat tax evasion by U.S. persons (individuals or entities) that fail to report income related to non-U.S. accounts. FATCA requires some of PayPals non-US subsidiaries to collect information from their account holders
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