How do I transfer money from PayPal to my bank account in Nigeria?

Which Nigerian banks support PayPal?

FirstBank is just the official PayPal partner in Nigeria but PayPal accept other banking institutions ATM’s for verification.

How do I get money from PayPal into my bank account?

To withdraw money to your bank account:

  1. Go to Wallet.
  2. Click Transfer money.
  3. Click Withdraw from PayPal to your bank account.
  4. Select the bank account you’re transferring the money to and click Next.
  5. Enter the amount and click Next.
  6. Review your request and confirm the transfer.

Can PayPal send money to Nigeria?

Does PayPal work in Nigeria? Yes, PayPal works in Nigeria! As a Nigerian, you can open a personal PayPal account to send money. You can also open a business account.

Once you receive the alert from your bank. Log in to your account and click on Get Verified, when you’re directed to the next page, just click on a link that says Enter Paypal Code. You can now use your Paypal account to make payments from Nigeria without a ban on sites that accept Paypal as a method of payment.

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How do I withdraw money from PayPal in Nigeria 2020?

To Withdraw Money To Your Bank Account

  1. Go to Wallet in your account.
  2. Click Withdraw money link.
  3. Select where you’re transferring the money from, and then select the Credit Card/bank account.
  4. Choose an amount you want to transfer to your Nigerian bank account.
  5. Click Continue.
  6. Review your request, then click Transfer.

Why can’t I transfer money from PayPal to my bank account?

If your Paypal account has an old or ineligible debit card linked to it, the transfer won’t be processed. 2. Check that Paypal has your correct bank details and link a different bank account if possible. … You can also request a PayPal cash card, which will give you easy access to your PayPal account balance.

When someone pays you through PayPal How do you get the money?

With PayPal, you receive money when someone sends a payment to your email address or mobile number. Once that happens, we’ll send you a message letting you know you have money available. You can access your money from your PayPal Cash account or PayPal Cash Plus account by going to the Summary page.

How long does it take for PayPal to transfer money to bank account?

How long will it take to withdraw money from my PayPal account to my bank account? Please allow 3 – 5 business days for your bank to process the transfer and for the money to appear in your bank account. If there’s a problem with your withdrawal, it may take up to a week for your bank to notify us.

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Can I use PayPal to transfer money internationally?

Can PayPal be Used for International Transactions? The short answer is… yes! Paypal is available in over 200 different countries, giving companies the option to make cross-border payments and transfers via the app or website at PayPal.com.

Can I use my debit card in Nigeria?

Credit and debit cards are generally accepted in larger Nigerian towns and cities, especially in tourist areas. In places used to foreign visitors, major providers such as Visa, Mastercard/Maestro/Cirrus, and Amex are accepted in ATMs, shops and restaurants.

What is the best way to send money to Nigeria?

If you want to send money to a bank account in Nigeria, we recommend using a specialist currency provider. If you’re transferring under $300 or equivalent, your best options include WorldRemit, TransferWise, Xoom or MoneyGram.

Can I receive money on PayPal without linking a bank account?

You don’t need a bank account to send or receive money through PayPal. However, you do need a bank account if you want to withdraw money from your PayPal account.

Does PayPal Work Nigeria 2020?

Does PayPal work in Nigeria? Yes, the service is operational in Nigeria. However, you cannot receive money using PayPal in the country. … You can only send money, fund your account, shop online, and perform other tasks that do not involve receiving funds.

Don’t link your PayPal account to your bank account or debit card account. “If your PayPal account is compromised, it’s money taken directly out of your bank account. … However, by federal law (Regulation E) you only have two days to refute a fraudulent charge with your bank.

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