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Originally Posted by zoombini
Hello, can someone help explain the fees for paypal to me?
I have just sold my modem on ebay, the buyer has sent me the money via paypal (my first to me) and I get a screen that says
Where has the -£1.49 GBP come from?
I can see that paypal fees for recieving money on personal accounts are:
Whats this for then?
I wont accept it until I know what its for & if I can avoid it.
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Standard rates for receiving money....
http://www.paypal.com/uk/cgi-bin/web...e&countries=GB
£38.00 - 3.4% - £0.20p = £36.51
You are confusing it with the fee for withdrawing the money from your Paypal account to your bank account.