PayPal charges a fee when currency is converted to or from U.S. dollars. This occurs when you send money, unless you make the payment using your PayPal balance, as well as when you withdraw money from the PayPal system. The current fee is 2.6% of the amount plus $0.30 per transaction. This fee covers accepting payments from cards outside the U.S., increased risk and resultant costs for international transactions, and increased customer service communication costs as well as any associated currency fees