Yes, PayPal does work internationally - here's how to transfer funds between more than 200 different countries

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Yes, PayPal does work internationally - here's how to transfer funds between more than 200 different countries

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You can transfer money internationally on PayPal.

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  • Yes, PayPal does work internationally. You can transfer funds between more than 200 different countries.
  • However, PayPal's international transfers aren't free, so you'll have to check what the fee is for each transfer within your country of choice.
  • PayPal will also give you information on the currency exchange rate for any country you want to send money to.
  • Visit Business Insider's homepage for more stories.

PayPal allows you to transfer money between more than 200 countries and 25 currencies, and may also give you the ability to reload a cell phone for someone abroad. But it isn't a free service, and there are fees associated with these kinds of transfers.

The transfer fee is 5% of the transfer amount, with a minimum charge of 99 cents and a maximum of $4.99 if you're transferring from your bank account or PayPal balance.

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If you're using a debit or credit card to transfer money, there is no fee limit, and you'll have to pay an additional 2.9% funding fee, plus a fixed fee that depends on the country you're sending money to.

How to transfer money internationally with PayPal

1. Go to paypal.com and log into your account.

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2. Toggle over to the "Send and Request" tab in the top toolbar and then select "More."

3. Click "Send Money" under "Send Money Abroad."

1 HOW TO TRANSFER MONEY INTERNATIONALLY PAYPAL

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The option to send money abroad is separate from the normal sending menu.

4. Select a country from the drop-down menu and click "Next."

5. Select how to deliver the funds from the list of options available in that country.

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6. If you want to send money to someone who doesn't have a PayPal account, you'll be redirected to the website Xoom, where you'll follow the on-screen prompts to process your transfer.

  • This is also the option you should pick if you want to pay international bills or reload a phone abroad.
  • Xoom will allow you to send money to your recipient physically, send it to their bank account, or let them pick it up at a retailer.

7. If you go with a PayPal-based transfer, enter the amount and currency for the transfer.

5 HOW TO TRANSFER MONEY INTERNATIONALLY PAYPAL

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You'll be able to choose which currency you want to convert your money into.

8. For those who went with a PayPal-based transfer, you'll automatically be shown how much the recipient will receive after fees and currency conversion. If it's the right amount, click "Next."

6 HOW TO TRANSFER MONEY INTERNATIONALLY PAYPAL

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PayPal will calculate the fees you pay before you accept.

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9. Add the recipient's phone number or email address, and then click "Next."

7 HOW TO TRANSFER MONEY INTERNATIONALLY PAYPAL

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If the address you select isn't associated with a PayPal account, an invitation to join PayPal will be sent as well.

10. If the person you're sending money to isn't in your contact book, add a note, your recipient's name and country of residence, then review your transfer and click "Continue" when ready.

11. Click "Send Payment Now" to complete the transfer.

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