I tested same amount with my PayPal account here in Australia, got this... but note they're making an extra 34 cents on the exchange rate, so the total PayPal cost is really AUD 1.96 to send AUD 6.87 = 29% cf your 100%
You are falling in one of the great pricing traps here, @Mashiane. $4,99 is NOT $4. If anything it's almost $5. Do not just mentally filter away the cents, they are almost 20% of their fee.
Yes, it really depends from whereto where you are sending. But almost $5 on a $5 payment seems outrageous! Most of the time, I as a receiver have to paya fee to receive it too (e.g. $1.43 on $20 receiving).
I have been using (Transfer)Wise since at least 2018 and can confirm they live up to their marketing. ?
Exchange rate is always within a bee's dick of the Google mid-point rate, and over as often as under.
Better yet, they introduced a feature where you can have a bank account number in another country, that people in that country can use to do local bank transfers to you. Works a treat (at least, between Australia and EU).
Argh.... but "tax violation" sounds like a bureaucratic term for their perspective of argument about how an ambiguous tax rule should be interpreted. Or even that he didn't get his tax return in on time, or something stupid like that.
Argh.... but "tax violation" sounds like a bureaucratic term for their perspective of argument about how an ambiguous tax rule should be interpreted. Or even that he didn't get his tax return in on time, or something stupid like that.