To answer your question, the method you said is telegraphic transfer, which takes the shortest time and takes only 2-3 days to withdraw money from your account. There are two other ways. One is to have paypal send you a check. Since the $50 in your account does not meet the requirements for sending checks, you have another option. You can apply for a credit card in Hong Kong, that is, the "one card" between the two places, and then transfer money through a bank in Hong Kong. Specific costs.

Fees for applying for and using the "one-card" account in both places

(1) Fees for handling passports or Hong Kong and Macao passes by the Public Security Bureau: 200 yuan RMB.

(2) Fees for applying for a one-card account in the Mainland and China: 55 yuan (including the first-year annual fee of 50 yuan).

(3) Handling fee for withdrawing money from PayPal to Hong Kong one-card account by bank wire transfer: A handling fee of 3.5 Justin dollars is charged for each transaction below HK$ 65,438+0,000; Free for a single amount exceeding HK$ 1000.

(4) Exchange rate calculation: Hong Kong dollar account in Hong Kong. If the function of automatic conversion into RMB is enabled, you can withdraw money in the form of RMB in the Mainland. If the balance is insufficient, it will be automatically converted from Hong Kong dollars, and the exchange rate will be calculated according to the foreign exchange rate announced by the head office of China Merchants Bank on that day.

(5) Withdraw cash in Hong Kong dollars from the card at the counter of China Merchants Bank in the Mainland, and charge a service fee of 0.5% (minimum HK$ 20 yuan/US$ 3 yuan, maximum HK$ 100/US$ 13 yuan). The maximum daily withdrawal amount is HK$ 65,438+05,000.

(6) A handling fee of 0.5% will be charged for withdrawing RMB cash at the counter of China Merchants Bank. (Within Shenzhen Branch: if the accumulated counter handling fee is less than 6,543,800+and exceeds 6,543,800+(excluding 6,543,800+) to 200,000, a handling fee of 20 yuan will be charged each time; if it exceeds 200,000 (excluding 200,000), a handling fee of 0.07% of the withdrawal amount will be charged. )

(7) Withdrawal of RMB cash from ATMs in Chinese mainland is free of charge (the withdrawal limit refers to the regulations of UnionPay), and each withdrawal from ATMs in other banks is charged RMB 2 yuan fee.

(8) Exchange losses. Including the exchange loss of withdrawing money from US dollars to Hong Kong dollars on PayPal, and the exchange loss of withdrawing Hong Kong dollars from the card in RMB in the Mainland. Please refer to the card service fee table for details.

As the initial expenditure of HK$ 255 is a one-time expenditure, it will not be used for the next transfer, so it is not regarded as a handling fee. In this way, the transfer fee is acceptable. Because the time span is long, it takes about 60 days.