linking bank accounts - withdrawing funds

Talk2tutor
Contributor
Contributor
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Dear community,

I need to change my PayPal account as I understand that it is country specific.

 

I set it up in the UK and I am now living in South Africa, when I try to link a bank account it will only accept a US routing number etc. 

 

Can I set up my account again to rectify this problem or do I need to close it first?

 

Your help with this matter would be very much appreciated.

Regards

Bevan 

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Talk2tutor

 

South Africa accounts cannot link foreign banks (except for US based bank). The way to link a bank with PayPal in SA is:

https://www.paypal.com/za/smarthelp/article/how-do-i-withdraw-money-from-my-paypal-account-to-my-sou...

 

It is my understanding that you just need a FNB online profile, and don't necessarily need to have a bank account with them if you don't bank with them.


Kudos & Solved are greatly appreciated. 🙂
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