How do I transfer money from PayPal to equity?
Click on the money transfer section at the top right hand corner. Select PayPal. If you do not have a PayPal account, click on 'sign up for PayPal account' and complete the process. If you have a PayPal account and you would like to withdraw money to your Equity Bank Account click on 'withdraw your money'
A withdraw from a PayPal account takes one (1) business day to reflect in your Equity Bank account.
- Open the Mpesa menu on your phone.
- Select Lipa Na Mpesa.
- And then, choose “Paybill.”
- Enter the default Equity Paybil no: 247247 and click ok.
- Next, Enter your Equity account number and enter the amount of money you wish to transfer.
- Axis Bank.
- HDFC Bank.
- IDBI Bank.
- ICICI Bank.
- Kotak Mahindra Bank.
- State Bank of India (SBI)
- Indian Bank.
- Tap your PayPal balance. Open the app and tap your balance. ...
- At the bottom of the screen, tap "Transfer," and then tap "Transfer Money." ...
- Tap the bank account that you want to transfer money to and then tap "Next."
The new rates for withdrawals from PayPal to Equity bank accounts will see customers withdrawing $5001 and above being charged 1% of the withdrawal amount, between $2001-5000 will be charged 1.125%, between $1001-2000 will be charged 1.25%, between $501-1000 and customers withdrawing $500 and below will be charged 1.5% ...
- Log into your PayPal account.
- Click Wallet at the top of the page.
- Click + Link a card.
- Enter your details and click Save.
- Click the card you want to confirm.
- Click 'Confirm My Credit Card' then click OK.
You are able to receive funds from abroad directly into your Equity account.
It is absolutely free to deposit from M-Pesa to Equity bank. However, you should know that the charges are levied by the sending telecommunication company (in our case, by Safaricom).
Timing of transactions
14.1 Withdraw Transactions may take up to a minimum of one (1) business days to reflect in the nominated qualifying Equity Bank bank account.
How can I withdraw money from PayPal?
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Here's how to withdraw funds through your PayPal app:
- Tap PayPal Balance on the home screen.
- Tap Withdraw Funds.
- Follow the instructions to complete your withdrawal.
Do I need a bank account for PayPal? You don't need a bank account for PayPal as an individual making purchases. You will just need a valid debit or credit card. If you are a business, you will need a bank account to use your PayPal business account.
You can add your bank account details via Bank Verification or Wire Transfer. We'll need to know the country/region of your bank, and details such as the bank name, bank code, branch location, branch code, and your account number.
Can I send money from my Paypal account to another person's bank account? Yes, as long as you have that person's account information.
You can unlink your accounts anytime by either logging into your PayPal account profile or your Equity Bank Limited account. However, after linking your PayPal account, expect a confirmation notification on the Equity self service portal page as well as on your email.
Don't link your PayPal account to your bank account or debit card account. "If your PayPal account is compromised, it's money taken directly out of your bank account.
Linking Your Bank Account
To start linking a new bank account, look for Wallet on the top bar, which brings you to an overview of your current PayPal balance, as well as linked credit or debit cards. Simply click on Link a bank account to start the process.
Your bank routing number is a 9-digit code used to identify a financial institution in a transaction. It's based on the location of the bank where your account was opened. The routing number of Equity Bank is 101105354.
