The above information applies when you pay in via bank transfer.
About PayPal
PayPal is a public company, headquartered in 2211 North First Street, San Jose, California, U.S. (corporate headquarters) and Omaha, Nebraska, U.S. (operative centre). It has been operating in financial services industry since 1998. PayPal offers its customers products and services in credit cards and payment systems.
How long does it take to send money with PayPal?
The time it takes to send money with PayPal will depend on:
Where you’re sending money to: sending money to some currencies can take longer than others. Check our comparison table above to find an estimate for most world currencies.
The payment method you’re using: using a debit card or a credit card to fund your transfers is usually the quickest, but can come with an extra cost.
When you send your money: different banks have different cut-off times, which, if you miss them, can make your money transfer take longer. Weekends and bank holidays can also have an impact on the duration of your money transfer.
How much does it cost to send money abroad with PayPal?
The cost of international money transfers with PayPal will depend on where you are sending money from and to. Check our comparison table above to find a price for your money transfer.
Your chosen payment method can also come with extra costs. Bank transfer is usually the cheapest option, especially compared to payment with credit or debit card. In our comparison, we compare the costs using the bank transfer method.
This doesn’t show the whole picture, however. Unlike TransferWise, many banks advertise low fees, while adding hidden costs to the exchange rate. Often without telling you.
Compare PayPal to TransferWise to see how much you can save.