Thursday, March 12, 2015

How to Withdraw Paypal Money in Kenya

For years, Kenyans working online have had a very hard time receiving their hard earned monies. Though they could receive payments to their paypal account, it was almost impossible to withdraw paypal money in Kenya. As a matter of fact, there was no legal and legitimate method of withdrawing paypal money in Kenya until recently; the services that were available were third party companies that are in fact prohibited and against paypal's terms of service and also very expensive. Then enter Equity bank, the only legitimate method that allows you to withdraw paypal money in Kenya straight to your bank account at affordable rates.

Equity is known for revolutionizing the banking industry in Kenya. It leads, and others follow. Withdrawing paypal money in Kenya is no different; as expected, Equity bank was the first to offer this life saving service to freelance writers, bloggers and online marketers in Kenya.

How to Withdraw Paypal Money in Kenya
To help online workers withdraw funds from their PayPal account to their Kenyan bank account, Equity Bank partnered with Paypal and created the Bank’s PayPal withdraw service.

The service requires one to hold a personal or business  bank account with the Equity Bank.

Activating the service is easy as pie; one only needs to follow these three easy steps:

1.  Open a business or personal account at Equity Bank. To do this, you will require an original and a copy of your national ID. Account registration can take place at any Equity Bank branch or Equity Kwa Jirani agent near you.


2.  You also need to be signed up with Paypal where you will be receiving payment from sale of good or services from around the world.

3.  Follow these steps outlined here to connect your bank and your Paypal account as well as to withdraw Paypal money in Kenya.

The cash takes 5-8 business days to reflect in your bank account. A small fee is charged by Equity Bank depending on the fund amount withdrawn. Currency conversion apply. 

If you have any queries, simply contact the Equity Bank call center on + 254 20 2744000, +254 711 025000, +254 734 108000 or send an email to PayPalSupport@equitybank.co.ke.

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