Обновить до Про

How to withdraw money from PayPal in Zimbabwe

You can withdraw money from PayPal in Zimbabwe by linking a Zimbabwean bank account or using a third-party service like Wise, though direct withdrawals to local Zimbabwean banks may be restricted. To use a third-party service, link your PayPal account to a Wise account and then transfer the funds to your Zimbabwean bank account or a Wise debit card. 
 
Withdraw to a third-party service like Wise
  1. Link your PayPal account: 
    Go to your PayPal Wallet, click "Transfer Money," and select "Transfer to your bank". Follow the instructions to link your bank account or another service's details. 
     
  2. Transfer from PayPal to Wise: 
    On your Wise account, click "Transfer money" and select the option to withdraw from PayPal. 
     
Withdraw from Wise to your local bank: 
After transferring from PayPal to Wise, you can then transfer the funds from your Wise account to your local Zimbabwean bank account. 
 
Direct withdrawal from PayPal to a linked Zimbabwean bank 
 
Link your bank account: 
You must first link a Zimbabwean bank account to your PayPal account. This process may require you to provide FICA documents for verification. 
 
Withdraw funds: 
Go to your PayPal account, click on "Wallet," and then "Transfer Money". 
 
Select your bank: 
Choose "Transfer to your bank" and select the linked Zimbabwean bank account. 
 
Choose transfer speed: 
Decide whether you want an "Instant" or "Standard" transfer and follow the on-screen instructions. Note that some banks may charge fees for electronic money transfers. 
 
Important considerations
Sanctions: 
Some users report that direct withdrawal from PayPal to a Zimbabwean bank is not possible due to sanctions. You may need to use a third-party service to facilitate the transfer. 
 
Account information: 
Ensure that the name on your PayPal account matches the name on the bank account you are linking. 
 
Currency: 
PayPal only supports transfers in local currency. You may also incur currency conversion fees. 
 
Third-party fees: 
When using a third-party service like Wise, consider their fees and exchange rates in addition to any potential fees from your bank or PayPal. 
WiTech Zimbabwe https://www.witechzim.org