Paypal Money Received Scam

To receive SGD$500.00 from Paypal I will need to pay SGD$30.00 because Paypal fee’s are 5.9% of original sum + SGD$0.50 transaction fee. My goodness, the more I don’t wanna receive money via Paypal, this is called Daylight Robbery!!! Don’t ever every try doing it on Paypal, it’s a warning from me. Robbery I tell you!

Break down of the fee’s.

500.00 SGD
500.00 SGD = 500.00 SGD (1 SGD = 1.00000 SGD)
 - 0.00 SGD (2.5% Currency Conversion Fee)
 - 29.50 SGD (5.9% PayPal transaction fee)
 - 0.50 SGD (PayPal fixed fee)
= 30.00 SGD (PayPal Fees)
= 470.00 SGD (Amount Received)

Craps!

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