withdrawing funds into a South African bank account

AlanK187
New Community Member

It only seems to give me the option to add a U.S account. How do I get my paypal funds into my account?

 

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kernowlass
Esteemed Advisor
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@AlanK187

 

How can I transfer funds from my PayPal account to my bank account in South Africa?

 

Transferring funds from your PayPal account directly to your eligible First National Bank of South Africa (ETF) bank account is easy and secure.

To transfer funds, you must first link your PayPal account to your bank account.

 

To link your PayPal account to your ETF account, follow these steps:

 

Log in to your FNB account at www.fnb.co.za.
Click on PayPal Services and then on Link PayPal Profile.
Follow the instructions to link your accounts. You will need to sign in to your PayPal account to confirm that you are the account holder.

 

After linking your PayPal account to your ETF account, follow these steps to transfer funds to your ETF bank account from your PayPal account:

Log in to your FNB account at www.fnb.co.za.
Click on PayPal Services and then on Withdraw from PayPal.
Enter the transfer amount in USD dollars. (Please check that your PayPal balance is sufficient to make the transfer.)
Follow the instructions to confirm the exchange rate, the Rand amount you will receive, and the Transaction Terms and Conditions.
You will be directed to PayPal to sign in and verify the amount you are transferring to your ETF account.
Then you will be redirected to the FNB site. Your funds will be transferred to your bank account within 3 to 6 business days.

 

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kernowlass
Esteemed Advisor
Esteemed Advisor

@AlanK187

 

How can I transfer funds from my PayPal account to my bank account in South Africa?

 

Transferring funds from your PayPal account directly to your eligible First National Bank of South Africa (ETF) bank account is easy and secure.

To transfer funds, you must first link your PayPal account to your bank account.

 

To link your PayPal account to your ETF account, follow these steps:

 

Log in to your FNB account at www.fnb.co.za.
Click on PayPal Services and then on Link PayPal Profile.
Follow the instructions to link your accounts. You will need to sign in to your PayPal account to confirm that you are the account holder.

 

After linking your PayPal account to your ETF account, follow these steps to transfer funds to your ETF bank account from your PayPal account:

Log in to your FNB account at www.fnb.co.za.
Click on PayPal Services and then on Withdraw from PayPal.
Enter the transfer amount in USD dollars. (Please check that your PayPal balance is sufficient to make the transfer.)
Follow the instructions to confirm the exchange rate, the Rand amount you will receive, and the Transaction Terms and Conditions.
You will be directed to PayPal to sign in and verify the amount you are transferring to your ETF account.
Then you will be redirected to the FNB site. Your funds will be transferred to your bank account within 3 to 6 business days.

 

Advice is voluntary.
Kudos / Solution appreciated.
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MissRobynBeauty
New Community Member
You can open a FREE FNB ewallet / online account and then withdraw directly or link to your SA bank account. You can do it from your phone through the FNB app. All you need is a cell number, ID number and email address. This is what the FNB website says: What is the FNB Withdraw Service with PayPal? Whether you are looking for a complete payment solution or want to add PayPal as an additional payment method, we have solutions that's right for your business. The FNB Withdraw Service with PayPal allows you to withdraw funds paid into your PayPal account to your FNB or any linked South African bank account. You will need an FNB Online Banking profile. If you don't bank with FNB you can create a free FNB Online Banking profile and link your PayPal account to your South African bank account. A withdraw from a PayPal account takes 3 to 5 business days to reflect in your linked South African bank account. Ts & Cs apply
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