Forward Contract Trading
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Money Transfer Brokers Legal Information
PayPal (Europe) S.à r.l. et Cie, S.C.A. is duly licenced as a Luxembourg credit institution
PayPal is best known as the payment merchant used to make transactions on auction sites, but it’s also used to send money abroad by many customers. Customers can forward money to almost anyone in the world as long as they have their e-mail address or mobile number.
As well as allowing customers to send money abroad, PayPal can also be used to make transactions overseas. Once funds are received, the recipient can easily withdraw them in their own currency and pay them into a bank account of their choice.
Transaction fees within the UK are 3.4 percent of the transaction plus 0.20p. Additional fees are charged for currency conversion.
Customers have their own online profile. Payments can be sent with just an email address. Funds can be sent almost anywhere globally.
Customers can apply for an account by visiting the PayPal website. There is no obligation to place an order once an account is active. Funds must be cleared before a customer places an order. Customers should retain a copy of any terms and conditions for their own records.
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