Using PayPal in South Africa with what Banks
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What SOUTH AFRICAN bank accounts can be linked/used with PayPal. Is it really just @FNB because their online service and customer care line service has been less than satisfactory for me thus far?
Long story short - the company I work for had to change a few things due to the Covid 19 lockdown and so we have moved into the online market. Initially we were made to understand that "one can link any bank account to paypal" etc etc...
I have bank accounts with Capitec and Nedbank and it seems that neither can be linked.
"My fellow South Africans" please help me, what has been your experience?
Thanks
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From paypals help pages...............
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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