How To Withdraw Money From PayPal Into ANY Bank in South Africa (ABSA, Nedbank, Standard Bank, and more…)


Do you have some money stuck in PayPal, and you don’t bank with FNB so you have no idea how you’re going to get it into your bank account? I’m sure you might have realized by now that most of the major banks like Absa, Standard Bank, Nedbank, and Capitec don’t allow you to link your bank account to PayPal directly. So what do you do?

The only way to withdraw money from your PayPal account into a South African bank account is to open a non-FNB (First National Bank) online banking profile and link it to PayPal. You can then withdraw money from PayPal into ANY bank using FNB’s online banking profile, whether that’s ABSA, Nedbank, etc.

*If you bank with FNB already, then please read this separate guide here. The process below is for people who DON’T bank with FNB.

If you bank with any of the other major banks like ABSA, Standard Bank, Nedbank, and Capitec, etc. Then you’ll be required to open a non-FNB customer online banking profile. Here’s a summary of the process in this tutorial.

  1. Open a non-customer FNB online banking profile.
  2. Connect your banking details to PayPal via the FNB online banking profile. *Can use ANY bank account.
  3. Withdraw money from PayPal to your linked bank account.

What you’ll need for this guide:

  • PayPal account – I’m assuming you have one already. If not, you can apply for a PayPal account here.
  • Non-customer FNB online banking profile – I’ll show you how to open one in this guide. This is not the same as opening a bank account; it’s just a platform provided by FNB that acts as a ‘middle man’ between your bank account and PayPal.
  • Banking details – This can be any South African bank, have them on hand.
  • FNB mobile phone app (optional) – The mobile app makes transactions more secure and easier to manage. I highly recommend using it. Download the app for android here, and iPhone here.

IMPORTANT NOTE: Creating an FNB online banking profile for non-FNB customers is not the same as opening a bank account with FNB. You don’t need an FNB bank account for this guide. You’ll only use FNB online banking as a ‘middle man’ between your bank account and Paypal. However, if you do want to open an actual FNB bank account and start earning eBucks, then read my guide on how to apply for an FNB bank account online.

01. Open a ‘Non-Customer’ FNB Online Banking Profile

*Just to reiterate, if you’re an FNB customer then read this guide instead. These steps are for non-FNB customers.

Open a ‘Non-Customer’ FNB Online Banking Profile

Great so you decided you don’t want to open an FNB bank account and you only want access to their online banking feature that allows you to connect your bank to PayPal. Here are the steps you need to go through.

  1. First, go to the FNB registration page here.
  2. On the top right of your screen to the left of the login button, you’ll notice a tiny little ‘register’ button. Click there.
  3. To the top left, select ‘register for PayPal for non-FNB customers. *Again, if you’re already an FNB bank account holder skip all of this and jump over to the next sub-heading.
  4. Select if you’re opening it your you or your business.
  5. Then click on ‘I do not bank with FNB.’
  6. Now fill out all your personal details. *If you don’t have access to your tax number select ‘I don’t have access to it right now.’
  7. Once done, agree to the ‘terms and conditions’ by clicking on the empty box.
  8. Then click ‘submit’.
  9. Review your details then click on ‘Confirm’ at the bottom right.

Done, you should now be registered to FNB online banking.

02. Connect Your Banking Details and PayPal to FNB Online Banking Profile

The video above shows how to connect your banking details to PayPal using FNB online banking profile.

Ok, so you’ve just opened a non-FNB customer online banking profile, follow these steps to successfully connect your profile to PayPal so that you can start withdrawing your money.

  1. First, go to the online banking login link here.
  2. At the top right, insert your login details.
  3. You’ll then be taken to the main screen. Click on the ‘Forex’ tab.
  4. Then click on PayPal services.
  5. Open the PayPal FNB menu by clicking on the orange menu to the left.
  6. Now click on the ‘Link PayPal profile’ menu option.
  7. Now fill out all your personal details.
  8. Fill out the bank account details you want to connect to PayPal. This is where you insert your non-FNB bank or FNB account details. When you withdraw funds, this is the account your funds will appear in.
  9. Once you’ve filled out all your details, click on ‘continue’ at the bottom right.
  10. Review all your details, then check the box at the bottom left.
  11. Then click on ‘Confirm’ at the bottom right of your screen.
  12. Now you’ll wither need to confirm and approve the submission via the online banking app or an OTP.
  13. Once done, click on the ‘PayPal Login’ button on the bottom right. Once clicked, this will open the PayPal login page in a new window.
  14. Insert your email address and password to login to your PayPal account.
  15. Once you’re in your PayPal account, click on ‘continue.’ This will then redirect you back to the FNB online banking platform.
  16. Now finally, click on the ‘finish’ button at the bottom right of your screen.

Great, so your bank account should now be linked to PayPal via the FNB online platform.

03. Withdraw Money From PayPal To Your Linked Bank Account.

Now that your bank account is linked to PayPal via the FNB non-customer online banking platform, you’ll be able to withdraw money directly from PayPal into your bank account. Here’s how:

  1. Log in to your PayPal account here.
  2. Click on ‘Transfer money.’
  3. Then click on ‘Withdraw from PayPal to bank account.’
  4. Select how much you would like to withdraw and in what currency.
  5. Choose the bank account that is connected to your PayPal account.

IMPORTANT NOTE: It can take up to 7 working days for the money to appear in your FNB bank, so don’t expect to get access to the funds overnight.

Final Thoughts

What really confused me at first is that you don’t need an FNB bank account to be able to use the FNB online banking portal. Once I went through the process, I realized that I can insert my ABSA bank details within the FNB online banking platform, so when I withdraw funds from PayPal it gets deposited directly into my ABSA account. FNB simply acts as a middle man.

YOUR TURN: If you think I missed something or if you have any questions, please let me know in the comments below and I’ll get back to you as soon as possible.

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