How will you be sending the funds. Send money to friends and family in south africa using your paypal balance or bank account for free.
In south africa paypal has an agreement with fnb and if you want to draw money from paypal to south africa you can only do so through an fnb profile.
How to receive money from paypal in south africa. Using paypal south africa with an absa account should be a much simpler process nowadays. Move money between your paypal cash card and your bank account on the go. Click on paypal services and then on link paypal profile.
This is the confusing bit. The my account menu is the orange tab on the left hand side of your screen running down the screen. Log in to your fnb account at www fnb co za.
Log in using biometrics. Send money around the world. Transferring funds from your paypal account directly to your eligible first national bank of south africa etf bank account is easy and secure.
To link your paypal account to your etf account follow these steps. What are some of the benefits of getting a paypal account. You only need an fnb profile.
Log in to fnb banking click my bank accounts click my account menu paypal services click my bank accounts menu withdraw funds from paypal follow the prompts. How do i withdraw money from my paypal account to my south africa bank account. By using paypal individuals are able to sign up for free online banking from fnb.
You ll need to log into your paypal account to confirm that you are the. Manage your paypal cash card. Clients of nedbank absa capitec and standard bank can also create an fnb online profile and withdraw money from paypal.
Thereafter they will be able to send money to their absa account. Paypal is the faster safer way to send money make an online payment receive money or set up a merchant account. Both face and fingerprint recognition can be used to log in.
To transfer funds you must first link your paypal account to your bank account. Log in to your fnb account at www fnb co za. Complete the instructions to link your accounts.
This is actually really easy. Click paypal services then click link paypal profile. This completely depends on their account and can range from 3 9 0 30 usd.
If you are making a personal payment from your paypal balance or bank account then it is free to send this payment the recipient however will pay a cross border fee to receive this payment from outside of south africa. Once you have a paypal account withdrawing through fnb does not require an fnb bank account. Fortunately you don t need to be a client of fnb to create an fnb online profile.