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.
How do I transfer money from PayPal to my South African bank account?
Here’s how you can transfer money to your bank account:
- Go to My wallet.
- Click Transfer Money.
- Click Transfer to your bank.
- Select the bank account where you want to deposit the amount withdrawn, then click Continue.
- Enter the amount and click Next.
- Review your transfer and click Transfer Now.
How do I withdraw money from my PayPal account South Africa?
Step 1: On your device log in to your main FNB bank account using this link www.fnb.co.za. Then search for PayPal account: visit or simply visit PayPal.com and Click PayPal Services, then click Withdraw from PayPal. Step 2: In your PayPal account dashboard enter amount ($). Enter the withdrawal amount in US Dollars.
Which banks work with PayPal in South Africa?
Major banks like ABSA, Nedbank, as well as Standard bank all can be linked to PayPal in South Africa.
Does PayPal work with capitec bank?
You are able to link your Capitec Card to PayPal if you are registered to online shopping.
Can I withdraw money without Capitec card?
Capitec has now created a way for you to withdraw money without your bank card and your ID. … All you will need to withdraw your money is your cellphone and it does not even have to be a smart one as long as it is a cellphone, you can use it to withdraw money from your bank account without the use of your card.
Can you use PayPal to send money to South Africa?
And the best part is, if you have an account with PayPal you can start sending money to South Africa right now with your PayPal payment options right at your fingertips.
How can I withdraw money from PayPal without a bank account?
Assuming you do have a US PayPal Account and no bank account, all you can do is request a paper check. One other option would be if you had a PayPal Debit Card, then you could withdraw funds from your PayPal Account Balance at an ATM.
How do I withdraw cash from PayPal?
How do I withdraw money from PayPal?
- Log into your PayPal account, and go to wallet.
- Click Withdraw money option.
- Choose the account you want to send money from, and select a linked bank account.
- Confirm the amount to withdraw, and click continue.
Can I transfer money from PayPal to my bank account?
Login to the PayPal app and tap on your balance in the home screen. This is your current PayPal balance you can withdraw from. Tap “Transfer money” and then “Transfer to your bank“. Select your account, or link an eligible debit card or bank account if you haven’t already, and then press next.
Why can’t I use PayPal in South Africa?
So here’s a fun bit of information – using PayPal in South Africa is a little more complicated than you might think. In order to conform to South African exchange control regulations, you’re not actually permitted to use PayPal funds sent to you to pay other PayPal users or make purchases.
How does a PayPal account work in South Africa?
As the purchaser, you pay no fees to PayPal – the merchant is charged for the transaction, which is the same way credit card fees work in South Africa. There is also no monthly fee for holding a PayPal account. … PayPal will follow up with the seller and demand the money back.
How much does PayPal cost in South Africa?
PayPal fees in ZAR
|Funding method||Destination country||Fees|
|Credit card, debit card or PayPal Credit||Any other country||5% of the transaction (US$0.99 minimum, US$4.99 maximum) + 3.4% of the transaction amount paid using a credit card, debit card or PayPal Credit + a fixed fee based on currency|