Many consumers have had trouble withdrawing money from PayPal, particularly when paid by large companies such as Fiverr, Upwork, or survey sites.
Selling to an exchanger online is an alternative, but you will obtain a terrible rate, such as 300/$, 310/$, or even 330/$, and you may experience delays in receiving payment from the converter.
But, now, I’ve done some research and discovered a technique to withdraw funds from your PayPal account directly to your bank account without any wait; in fact, you’ll get paid instantly or within 10 minutes at a rate of 360/$.
How can I get money out of PayPal?
Note that not all PayPal accounts support withdrawing to a bank account, so I’ll mention the ones that do. For example, lesotho, UAE, Iceland, USA, and Ireland have all been tried by me, however I typically use iceland paypal to withdraw.
So first register an iceland paypal account with a genuine name, then select Nigeria as your nationality and include your voters card id number in case paypal has any issues in the future.
After you have created an iceland PayPal account, go to any uba bank brand and tell them you need an international high prepaid card (international low will still work); they will ask for your passport, bvn, and id and issue you the card immediately; however, depending on the branch you visit, some branches may take 3-4 days to issue you the card.
How to Withdraw money:
- On the home screen, tap PayPal Balance.
- Select Withdraw Funds from the drop-down menu.
How do I send money to my bank account?
- Go to your Wallet after logging in.
- To transfer funds, select Transfer Funds.
- Select Transfer to your bank account from the drop-down menu.
- To finalize your withdrawal, follow the procedures.
That’s it! It is that simple to withdraw your money from account in Nigeria. Please, contact us in the comment section if you have any question for us.
Source: Nyscinfo