When processing transactions with the PaidHR Wallet, it’s essential to know whether your payment will be charged as a local transaction ($5 per transaction) or an international transaction ($25 per transaction).
Below is a breakdown of how transaction fees are applied based on currency and destination.
Local Transactions
A transaction is considered local when funds are sent in the same currency to a bank account in the corresponding country.
For example, sending GBP to a UK bank account or USD to a US bank account qualifies as a local transaction.
Currencies Eligible for Local Transactions:
GBP – British Pounds (to a local GBP account in the UK)
DKK – Danish Krone
EGP – Egyptian Pound
ETB – Ethiopian Birr
EUR – Euro (to a local EUR account in Europe)
GBP – British Pound (to a local GBP account in the UK)
GHS – Ghanaian Cedi
KES – Kenyan Shilling
MAD – Moroccan Dirham
NGN – Nigerian Naira
RWF – Rwandan Franc
TND – Tunisian Dinar
USD – US Dollar (to a local USD account in the USA)
XAF – Central African CFA Franc (All African countries that accept XAF)
XOF – West African CFA Franc (All African countries that accept XOF)
ZAR – South African Rand
International Transactions
A transaction is considered international when funds are sent in a currency other than the recipient’s local currency or are transferred across borders.
For example, sending USD to a bank in Egypt or EUR to a bank in Nigeria is considered an international transaction.
Currencies Charged as International Transactions:
AED – United Arab Emirates Dirham
AUD – Australian Dollar
BDT – Bangladeshi Taka
BGN – Bulgarian Lev
BHD – Bahraini Dinar
BRL – Brazilian Real
CAD – Canadian Dollar
CHF – Swiss Franc
CNH – Chinese Yuan (Offshore)
CNY – Chinese Yuan
CZK – Czech Koruna
DKK – Danish Krone
EGP – Egyptian Pound
ETB – Ethiopian Birr
EUR – Euro (when sent to a non-European bank, e.g., sending EUR to a bank in Nigeria)
GBP – British Pound (when sent to a non-UK bank, e.g., sending GBP to a bank in Nigeria)
HKD – Hong Kong Dollar
HRK – Croatian Kuna
HUF – Hungarian Forint
IDR – Indonesian Rupiah
ILS – Israeli Shekel
INR – Indian Rupee
JPY – Japanese Yen
KWD – Kuwaiti Dinar
LKR – Sri Lankan Rupee
MXN – Mexican Peso
MYR – Malaysian Ringgit
NOK – Norwegian Krone
NZD – New Zealand Dollar
OMR – Omani Rial
PHP – Philippine Peso
PKR – Pakistani Rupee
PLN – Polish Zloty
QAR – Qatari Riyal
RON – Romanian Leu
SAR – Saudi Riyal
SEK – Swedish Krona
SGD – Singapore Dollar
THB – Thai Baht
TRY – Turkish Lira
USD – US Dollar (when sent to a non-US bank, e.g., sending USD to a bank in Egypt)
XAF – Central African CFA Franc (when sent to a non-African country or an African country where XAF is not legal tender)
XOF – West African CFA Franc (when sent to a non-African country or an African country where XOF is not legal tender)