Convert On Payment Work

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If the money being sent has to be converted to US Dollars or Canadian dollars then you will pay a currency conversion fee of 3.5% of the amount involved. For other currencies, the fee is 4.0%. There at two main ways you can save money on fees when using PayPal.
Sending money to or from the US? TransferWise could save you. Use PayPal balance. Use a linked bank account. Use a credit or debit card, or PayPal credit.
Pay invoices, buy inventory, and handle payroll with the real exchange rate in over 40 currencies. Send money directly from your own debit card or bank, or make payments from your account balance. Your recipient doesn't need a TransferWise account to receive their money. Receive money with zero fees.
If the money being sent has to be converted to US Dollars or Canadian dollars then you will pay a currency conversion fee of 3.5% of the amount involved. For other currencies, the fee is 4.0%. There at two main ways you can save money on fees when using PayPal.
PayPal will work out the conversion by applying its own exchange rate but this will cost you up to 4% more than if you opt for the exchange rates set by your card provider (usually Mastercard or Visa). At the time of writing, PayPal would automatically convert the payment to £560 (NZ$1 = £0.56).
Re: Sending money fee free Go to send money > select the personal tab > gift or family and friends option. NOW it's free if you FUND that PayPal payment via instant bank transfer or from funds in your PayPal balance. You still pay a fee if you fund that payment via a debit or credit card.
When you receive money in another currency, you can accept the payment in that currency or convert it to the currency that you prefer. Conversion fees will apply if you opt to convert it. You can manage multiple currencies in your PayPal account.
Go to Wallet. Click Details. Click Manage currencies. Select “Balance conversion” or “Payment conversion”. Enter the required information under Currency Exchange and click Calculate. Review the displayed exchange rate before you, you click Continue to complete your payment.
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