I have been selling gigs on fiver for a few months now and want to withdraw the funds I have in my account for the first time. I know I can either send the money to paypal or withdraw directly to my bank account. I am in the UK. Ive tried searching all the fees for everything but I’m not sure if I’ve got it right.
Withdrawing to a UK bank account should only cost me $3. However, it mentions “Additional fees may apply based on your location and currency” but I can’t find out what these fees may be or even if that will happen.
Sending money to paypal should cost me 2% of the withdrawal amount (up to $1).
So according to this, it’ll cost me less to withdraw to paypal. Is that correct in your experience?