Friday, December 28, 2018

How to Withdraw Money from PayPal to Equity Bank Account

How to Withdraw Money from PayPal to Equity Bank Account
Sometimes back, Equity Bank came up with a portal which allows Kenyans withdraw funds from their PayPal account to their Equity Bank account.

The process usually takes 3 working days before the money reflects in your bank account. 

Equity Bank withdrawal is $10,000 USD and kindly note that this service is only available for Equity Bank customers.

Below is a detailed procedure on how to withdraw money from PayPal to Equity Bank account.

1. On your PC or phone browser open

2. Click on the "Withdraw from PayPal" menu tab.

3. You will be taken to another tab where you will be required to enter your portal username and password so as to be able to login. If you have not registered kindly follow the registration process. It's a one time process which is very simple.

4. Click "Banking Services" on the menu and enter your nominated bank account.

5. Click on the option "Link Account".

6. A One Time Pin (OPT) will be sent to the number which you used during the initial registration of your Equity Bank self service portal. 

7. Enter the OPT number and you will be successfully logged in to the portal.

8. On the PayPal section below "My Accounts" option then click "Withdraw From PayPal". Note that this is the PayPal account you previously linked.

9. You will be taken to another page where you will be required to "Select Your PayPal account" and also enter the amount you wish to withdraw.

10.  After that click "Accept".

11. You will receive a confirmation message from Equity Bank which reads “"Your PayPal withdrawal of amount XX was successful". Your bank account will be credited within 3 business days”.

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