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Thread: Advice required for PayPal

  1. #11
    Email problem
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    Can you not use PayFast?

    They are a local payment gateway company & accept credit card payments from anywhere in the world. (As far as I understand.)

  2. #12
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    Before you use paypal, do some searches about various experiences people had. I've read multiple times that they're a very shady company and will often freeze your account, leaving you with absolutely no recourse.

  3. #13
    Email problem workshop's Avatar
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    Quote Originally Posted by msmoorad View Post

    just say i got paid US$250
    and i want to buy a Kindle Fire HD for US$120

    how much will i be charged in bank charges & other transaction fees?
    Exchange Control regulations require you to remit whatever you earn to RSA. I am not sure what charges you incur but it's not cheap. To withdraw your funds you need an FNB account. They have various options. The one I chose limited my charges to R49 a month. This gives me online banking and Paypal but no cheque deposits. Once you have remitted what you have earned you can purchase your kindle and take it out again and I am sure you will be required to pay for the privilege a second time.

  4. #14
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    Hi there Dave,
    I hope that you can help me
    I have a friend who has opened a paypal account for me and has sent me some money from the UK, but im struggling to put my SA account on it so it can be transferred
    I am with Nedbank, i have tried asking Nedbank but havent had much help with them. Do you know how i can do this or who i can contact to help me.

  5. #15
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    Hi there,Maybe you can help me My friend opened a paypal account for me as he has sent me some money firstly its pending and how long will i have to wait for it and the other thing is i am unable to put my SA nedbank account details on the account, how do i get this work please help me.

  6. #16
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    To withdraw your funds you need an FNB account
    Wouldn't this be the answer ?

  7. #17
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    Exclamation Paypal

    Is it really compulsory to have a Fnb Account.
    as it says all over the Net that Paypal uses all banks.... including Nedbank.
    and then if i do have a fnb account how do i go about adding it to my paypal profile.

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  9. #19
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    It is not necessary to have a FNB account to have a Paypal account, but you need to have a FNB internet profile (no cost), which you need to FICA. Call the consultants at Paypal and they will guide you through the process of accepting payment to transfering the funds into your bank account. As a note, the transfer from Paypal into your bank account takes about 5 working days due to the Reserve Bank regulations.

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