How to transfer USD$ (American dollars) from Paypal to an Australian bank with minimal fees. 

Written you by Mau, a Senior eCommerce Marketing Specialist at eDigital.


Are you wondering how to get your USD$ (American dollars) in Paypal to your bank in Australia?
Even if your bank in Australia is a global bank (example: citi, HSBC or other) and accepts USD$ deposits, Paypal bases what funds can be withdrawn on where the PayPal account is located.
Since you are based in Australia, the bank will provide you with a BSB and Account number.
If the bank account was based in the US it would have a Routing and Account number instead.
For example, If HSBC provides you with a valid Routing and Account number, yes you can add it to your PayPal account and withdraw USD to it and the fee is 3% to do so.
Paypal exchange rates are updated twice daily.
Paypal uses the most recent wholesale rate for conversion, these sometimes differ from the market rate so that is what we use to move the funds from one currency to another, and in performing that task Paypal do pass a fee along since there is work that we perform in the process; this is an industry-standard.
So if you have a BSB and an account number, Paypal can withdraw only AUD and if converted we use the wholesale rates.
If you have a Routing number and account number you may withdraw in USD but there is a 3% fee for using a foreign bank.


The only way to transfer your USD$ on Paypal to your Australian Bank is by getting Paypal to convert your USD$ (American dollars) to AUD$ (Australian dollars) using the most recent “wholesale” rate for conversion, which is obviously a lower rate than the market rate you will see on,, or other exchange rate website. 

I know what you are saying: 

“It is not fair. Paypal has already taken a cut on every single USD$ received on my Paypal account”

I know it sucks big time but there is no other way at the moment. 

eDigital can help you conceptualise, plan, develop, run and optimise successful digital marketing campaigns that generate leads and sales for your brand.

Our digital marketing services include:

  • Strategic planning for social media and other digital marketing channels.
  • Online advertising management and optimisation: Google Ads Search, Display, Re-marketing and social media advertising.
  • Training: social media marketing training and digital marketing training. 
  • SEO strategy and execution. Including content development:articles, stories, eye-catching and SEO-optimised visuals.
  • Celebrity and influencer marketing campaign strategy. 
  • Brand development. Logo creation, brand personality development and design of marketing materials.
  • Consumer contests/competitions/giveaways.
  • Email marketing. Dip sequence design and deployment. 
  • Conversion rate optimisation. It is also called “path to purchase” optimisation. 

Contact us today and start boosting your leads and sales.

Hundreds of marketers have supported us with their generous donations. Please donate today! or join 5k+ marketers receiving our e-newsletter.

Final note: Want to reduce customer acquisition costs and dependency on paid media? eDigital‘s marketing strategy training will unmercifully review your marketing, help you build a marketing engine with channels and assets you own, stir your team’s thinking, bring new ideas for new conversion paths and boost customer lifetime value.


was brought to you by Mau
cat laptop rug book red glasses illustration

Mau is one of the most popular marketing consultants offering the best marketing strategy training and the best social media training. Top marketers use Mau’s popular Digital Marketing Plan and Social Media Plan templates

Book Mau for your next training day or join 5k+ marketers receiving Mau‘s e-newsletter