For some reasons, many people are experiencing issues with withdrawing money from PayPal to capitec. It’s important to know that it can be quite tricky when you are not familiar with PayPal and you want to withdraw money from PayPal in South Africa.
The Good news is, you don't have to stress about Linking your PayPal profile anymore whatsoever to a Bank account and all thanks to Yo swift, the easiest way to withdraw money from PayPal to capitec Bank.
First things first, of course you cannot drive a car without Petrol Lol. So you definitely need a working PayPal account. Even if it has no credit card linked to it! Yes, as long as its active and ready to receive and send money, its perfect!
It is also important to note that there is absolutely no need to link your PayPal account. You only need to have a yo swift account. The other good news is, it takes about 5 minutes or less to create one and on top of that, it’s free! Visit yoswift.com and open up an account.
Yo swift does understand that for some reason, you may have more than one PayPal account, for example, one for personal use and another PayPal for Business. Imagine if you had to link a PayPal account that means you have to do that over and over again. How tiring!
With yo swift, after creating up an account, Login, go to PayPal services and insert amount, get your conversion to local currency and withdraw from PayPal. Simple!
Your money will reflect instantly to your Yo swift account. Remember we want this money to Capitec Bank.
Our last part is, head over to Transfer, and add your Capitec Bank details, your capitec Account name and also account number to receive your PayPal money.
This should take just a few minutes to show on your History and your transaction will be initiated immediately!
That’s it, we can now Transfer money from PayPal to Capitec Bank easily.
