How To Withdraw Money from PayPal to Bank Account in Nigeria.
A lot of Freelancers, affiliate marketers are finding it hard to withdraw their funds from PayPal especially people from the 3rd world countries, on this article I will be showing you how I do withdraw my PayPal funds directly into my local bank account at a very high rate, (black market rate).
My PayPal has over 4 cards and 2 banks connected to it, which makes it very easy for me to carry out my PayPal funds withdrawal comfortable without having to worry about the poor rate of a lot of exchangers out there and avoid getting scammed.
For a successful withdrawal of your PayPal funds, you will need to create a US bank Account, which I will be recommending you the exact platform I use.
GeegPay- Digital Financial Platform for the Gig Economy
Pay and get paid in USD, EUR & GBP all is on one platform, withdraw to your local bank account in less than 5mins.
SignUp on GeegPay and create an account, after signing up, proceed in submitting some information like your Email & ID verification (Plastic ID card, Driver license, International Passport or Nin Slip etc).
After submitting all the necessary information as the registration process is quite self-explanatory, all status with be indicated completed, just like what you have on the screenshot above. You can now go ahead and request for your US Bank Account. it does takes about 24– 48hrs to get your requested US bank account Active.
How to Connect Your US Bank Account to PayPal:
At this point I’m sure Geegpay has approved and offered you a US bank Account. So, you need to take note of your Account No and routing No as this will be required when adding the US bank account to your PayPal account.
Login to your PayPal account and go to PAY & GET PAID — WALLET — BANK & CARDS or go to ACCOUNT SETTINGS — MONEY, BANK & CARDS. Then click on Link a new bank.
After a successfully linking of your US bank account, you can now carry out your withdrawal from PayPal to Geegpay then straight to your local bank account.
Kindly NOTE that there are very important things your need to understand about Geegpay, most especially their minimum amount withdrawal and charges. So, I recommend your Go through their FAQ.
Though there’s nothing to worry about as the charges involves are minimal compared to other platform on the net. Below is the recent withdrawal I did from my PayPal account.
Here is a video showing you the Step by Step on How to Withdraw Money from PayPal to your bank account — WATCH HERE.
