How to Withdraw Money from PayPal in Namibia to Bank
PayPal Restrictions in Namibia
In Namibia, PayPal allows users to send money and make online payments, but it does not officially support receiving money. This limitation has frustrated many freelancers, entrepreneurs, and online sellers who rely on PayPal for international payments.
However, if you want to withdraw money from PayPal in Namibia, you need to create a PayPal account that includes the “Pay and Get Paid” feature. This feature allows you to both receive payments and withdraw funds to local Namibian banks such as FNB Bank.
Creating a PayPal account with this feature usually involves using details from countries where PayPal supports receiving payments, like Zambia or South Africa. Once this feature is enabled, you can easily manage international payments.
Steps to Withdraw Money from PayPal to FNB Bank in Namibia
1. Create a PayPal Account with the “Pay and Get Paid” Feature
If you don’t already have a PayPal account with this feature, start by creating one. Follow these steps:
- Sign up for a PayPal account, and select a country where PayPal supports the “Pay and Get Paid“ feature.
- Ensure that the account settings include this feature as it is what allows you to receive payments from international sources and subsequently withdraw funds to local bank accounts.
2. Link Your FNB Bank Card to Your PayPal Account
For Namibians, the best way to withdraw money from PayPal is by linking your FNB Bank card (debit or credit card) to your PayPal account. Linking your bank card is usually more reliable than linking your bank account directly, as it ensures smoother withdrawals.
Here’s how to link your FNB Bank card:
- Log in to your PayPal account.
- Go to Wallet in the top menu.
- Select Link a Card, and enter your FNB Bank card details (card number, expiration date, and security code).
- Once linked, PayPal will verify the card by charging a small amount (which is refunded later). You will need to confirm the charge by entering a code sent to your card statement.
By using your bank card instead of a direct bank account, you will be able to withdraw funds more efficiently, as PayPal in Namibia tends to have fewer issues with card-linked withdrawals.
3. Withdraw Money from PayPal to Your FNB Bank Card
Once your FNB Bank card is linked and verified, you can proceed with withdrawing funds. Follow these steps:
- Log in to your PayPal account.
- Click on the Wallet tab and select Withdraw Funds.
- Choose the FNB Bank card linked to your account as the withdrawal destination.
- Enter the amount you want to withdraw and complete the transaction.
Withdrawals to your FNB Bank card generally take a few business days to process. However, the time it takes for the funds to reflect in your account may vary depending on the bank’s processing time.
Why Using a Bank Card is Better in Namibia
In Namibia, using a bank card for PayPal withdrawals is more efficient than linking a bank account. Here’s why:
- Better Compatibility: PayPal tends to work more smoothly with bank cards than with direct bank accounts in regions like Namibia, where PayPal’s receiving services are limited.
- Faster Transactions: Withdrawals to bank cards are often faster and more reliable, with fewer issues compared to bank account withdrawals.
- Convenience: With a bank card, you can access funds at ATMs, make payments in stores, and complete other transactions more easily.
Adding Bank Details to PayPal: Bank Card vs. Bank Account
You have two options for linking your bank details to PayPal: adding a bank account or linking a bank card. While both methods work, linking a bank card is the preferred option for Namibian users due to the restrictions PayPal places on direct bank account withdrawals.
How to Add Bank Details:
- Linking a Bank Card: This is the better option in Namibia. You simply add your FNB Bank card details (debit or credit) to PayPal for smooth and fast withdrawals.
- Adding a Bank Account: While this is possible, direct bank account withdrawals from PayPal are often restricted or problematic in Namibia. Therefore, it’s better to rely on a bank card for most transactions.
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