Category: hifx

  • Costs for transfering money to Japan from the US with PayPal

    For those of you who are interested in transferring money from the United States to Japan with PayPal… I would recommend against it because of super high fees Details of my transfer (July 2011): Amount to receive:     88,000 JPY Amount sent:           91,432 JPY (1,186 USD) Market exchange rate:  79.18 PayPal exchange rate:  77.04 Transaction Charge:When using PayPal across borders you will be charged 3.9% on transfers with a standard account. If you pump up the amount you send or do business with on a monthly basis you might be able to get a rate of 3.5% or so. Either way you’re going to be losing a LOT of money. You […]