Sedo Payout to PayPal

janismo · Feb 22, 2017

Hi, I know there are few threads regarding same question, but they are old, unclear and not open for replies.

Does anyone has recent experience with Sedo payouts to personal PayPal account? I'm interested in Sedo escrow for an external deal.

I see this Sedo page: https://sedo-us1.custhelp.com/app/a...2LzEvdGltZS8xNDg3Nzk3MDUxL3NpZC95VlhmWVVibg==

Payment Methods You Can Choose: PayPal: PayPal accounts may be used to receive amounts up to 10,000 USD. Simply enter your PayPal address when updating your Payment Details. PayPal payments from Sedo are free and instantaneous.

Basically, I am interested in this line "PayPal payments from Sedo are free". Are they 100% free, or PayPal will take its fee?

I have tried Sedo chat, but some Chinese guy was totally lost in what is payment, what is fee, etc. However, what he could reply at the end, is that Sedo uses PP Mass Payments. As I see from PP, "No charge for recipient, low fee for sender".

https://www.paypal.com/us/webapps/mpp/mass-payments

Can someone with real experience clarify this question?
Is there any other Escrow with payout to PayPal?

thanks!

Jurgen Wolf · Apr 5, 2019

mAd MaX said:
Sedo doesn't charges anything for wire transfer as far as I know. Recipients bank charges a nominal processing fee + a significant currency conversion charges here in India.

With Sedo I lose 15 EUR (only) for wire from their Commerzbank to my Ukrainian bank.

Jurgen Wolf · Apr 5, 2019

p.s. If it is possible for you - just open your bank account in Commerzbank, the shortest and cheapest way to receive money from Sedo.

mAd MaX · Apr 5, 2019

Jurgen Wolf said:
I lose 15 EUR (only) with Sedo for wire from their Commerzbank to my Ukrainian bank.

That's recipient bank charges I guess, is it?

Jurgen Wolf · Apr 5, 2019

mAd MaX said:
That's recipient bank charges I guess, is it?

I think, this 15 EUR SWIFT fee is charged by their Commerzbank.
My bank doesn't deduct anything.

mAd MaX · Apr 5, 2019

Jurgen Wolf said:
p.s. If it is possible for you - just open your bank account in Commerzbank, the shortest and cheapest way to receive money from Sedo.

Best is use @Epik.com they charges only 1.5% for escrow services and take your payment in #Bitcoin then cash out selling #Bitcoin as per your need.

Jurgen Wolf · Apr 5, 2019

Epik escrow and cashout are FREE for NamePros members.
Except international wire payout, they will charge $45.

Jurgen Wolf · Apr 5, 2019

But the domains must be transferred to Epik.
Such conditions are applicable to their own domains only.

Jurgen Wolf · Apr 5, 2019

Jurgen Wolf said:
here 3% is stated for amounts over $500...
But not explained who pays it (Buyer or Seller).

Regarding CC/PayPal method at Sedo...
They add 3% to the Buyer invoice.

mAd MaX · Apr 5, 2019

Jurgen Wolf said:
But the domains must be transferred to Epik.
Such conditions are applicable to their own domains only.

Domain registered at Epik

Jurgen Wolf · Apr 5, 2019

mAd MaX said:
Domain registered at Epik

Then launch Epik LiveChat and ask them to mark your account as NamePros member account.

Sedo Payout to PayPal

More options

janismo

Established Member

Jurgen Wolf

standforUkraine.comTop Member

Jurgen Wolf

standforUkraine.comTop Member

mAd MaX

Account Closed (Requested)

Jurgen Wolf

standforUkraine.comTop Member

mAd MaX

Account Closed (Requested)

Jurgen Wolf

standforUkraine.comTop Member

Jurgen Wolf

standforUkraine.comTop Member

Jurgen Wolf

standforUkraine.comTop Member

mAd MaX

Account Closed (Requested)

Jurgen Wolf

standforUkraine.comTop Member

Similar threads

We're social

New posts

Auction activity

What non .com extensions have you sold in 2024?

Polls of interest

Popular this week

Community favorite

Popular this month

Blog favorites

Pinned

Appreciation

Agreement