I know how frustrating it can be when you have funds in your PayPal account but don’t know how to withdraw PayPal money to Nigeria bank account.
Coming from someone who’s totally making money online, I know how frustrating it can be not to be able to this.
Years back, I had to pay over N400,000 to my cousin in the US as a tax payment for using his PayPal to receive my payment online.
PayPal is basically the backbone of every online business because it’s the most preferred method.
I equally received payment via wire transfer but your income must have reached over a thousand dollars before this method could work for a few of your online business.
How to Withdraw PayPal Money to Nigeria Bank Account?
I have a colleague in a certain bank in Nigeria who shared this wonderful information with me on how to withdraw PayPal money to Nigeria bank account.
This bank is the only bank PayPal is currently partnering within the whole of Nigeria at the moment. Can’t say about tomorrow though.
This is amazing because the same PayPal for some reason has backlisted Nigerians from receiving funds with PayPal in Nigeria.
So, basically with this method, I’ve been able to withdraw my PayPal funds directly to my Nigeria bank account without the help of a third party exchanger.
Here’s a screenshot of my recent withdrawal!
There was a time you can use Payoneer to do this but not anymore, I know some people equally use virtual cards for this. But I just don’t totally trust those stuff except from a trusted merchant.
Using virtual cards is still a third party. This is because you’ll still need to move the money from your virtual account to your Nigeria account.
And for you to do this, it’s going to be on their terms and their own exchange rate. Because it’s their business and they are in to make money too.
But how would you feel being able to withdraw your PayPal money to your Nigeria bank account and you receive your alert immediately in naira.
I’m not talking about domiciliary accounts here AKA (Dollar accounts). Because using this account will only give you the privilege to cash out in dollars.
Which means you’ll still need to exchange the dollar cash for naira. But with this method, you’ll cash out in Naira instantly.
Here’s a video on How to Withdraw PayPal Money to Nigeria Bank Account
I created a short video as an example on how you can do this, I withdrew a PayPal of $400 to my Nigeria bank account and PayPal charges a transfer fee of $5.
Even if you still don’t have the verify PayPal account you can have it set up using the same method I’ve shared in my report (ebook).
This is good news because you’ll be able to do following successfully in Nigeria:
- Start a dropshipping business without the barrier of payment
- The same thing goes for affiliate marketing
- Fiverr
- Render your service online and get paid instantly
- You could also use it as a payment gateway instead of Paystack for USD payments
- And many others…
The thing is I’ve written a report (eBook) on this on how you can set it up yourself following my step by step guide.
However, it going to cost you a little fee, you can check it out HERE. These are part of what I use in maintaining and running this site.
Also, I’m trying to avoid the situation were such opportunity will be abused, we know the situation of things in Nigeria.
And I’m sure we wouldn’t want PayPal to reverse their generosity because this is done in 100 percent transparency.
Tips before Creating Your Verify PayPal account That Receives Funds in Nigeria
I know there are various means on how to create a PayPal account that receives funds in Nigeria. However, you should know some certain things beforehand that might cost you in the long run.
I’ll list them below:
- Your PayPal account will be re-verify once you hit a certain milestone of sending payment out
- So make sure your names on your PayPal account is the same as the one on your Nigeria bank statement of account
- The same thing goes for the address.
- Your new account may go under review if a huge amount of money enters when it’s still fresh.
- Don’t play smart with PayPal you could lose your money.
Once everything is checked you can enjoy doing business with PayPal.
The image below was when I was notified to confirm my identity by PayPal after I reached a certain milestone of sending out payment.
I did by sending my Nigeria address, Passport, Statement of account and my Nigeria phone number, I didn’t lie about my address or identity and my account was re-verify and the milestone was lifted.
If you, however, used a different country location as your address and fake number I don’t know how you’re going to verify your account.
Let’s just hope that won’t happen. But if you keep using your PayPal for transactions, that is, sending and receiving payment, you’re just to hit the milestone.
There’s a particular milestone for a certain amount of transaction, once you hit it you’re going to need to verify your identity.
So, that’s it on how to withdraw PayPal funds to your Nigeria bank account, any thoughts on this? Please use the comment box. I’m right here with you.
The FAQ on PayPal in Nigeria
below are some of the frequently asked questions about PayPal in Nigeria
Can you withdraw money from PayPal in Nigeria?
Yes, you can withdraw your PayPal funds directly to your Nigeria bank account at the dollar equivalent price.
Can I receive PayPal in Nigeria?
Yes, you can. Not only can you receive PayPal in Nigeria you can also withdraw the funds directly to your bank account.
Does PayPal work in Nigeria?
Yes, PayPal works in Nigeria, however, by default, you can only send out money and not receive a via a business account
Is PayPal banned in Nigeria?
As I said, by default, you can only send out payment and not receive with your personal account.
How do I withdraw money from PayPal to Nigeria bank account?
You'll need to select your linked account, choose your preferred amount and transfer the money.
Got the report, Followed all the steps with guides from David himself (Helped me through out the process), Tried to withdraw and within minutes I got my funds into my Nigerian bank account. In a nutshell it worked smoothly. This is a true blessing. No more limits!
Congrats Sammy, I glad I could be of help!
I have already opened paypal but its only to make payments. Will i have to open another one if i buy your report?
You can Update that one if you’re receiving money with it already.
Or close it and use the same information to create a new one with my report.
How can I close a PayPal account?
go to your settings
Thanks bro Love dis
Hello David I do play online game & I hv some few dollars deposited into my PayPal account pls how can I redeem it into my bank account in Nigeria
Sure…you can do that.
Olusola you’re the best. I can’t believe this can actually work ooo. Still like a miracle to me.
I just withdraw my money now and I have it live and direct in my Nigeria account. super grateful bro
Lol.. Enjoy your money Sir
Hello sir,
I must admit I love reading your news letter and visiting your blog.
I want to be like you.
I will like to know if you can mentor me sir for me to have a full knowledge on dropshipping and affiliate marketing
I’ll do my best sir…
I need to know more, because my aunt need to send me money from US and she asked me to create a PayPal because it fast. Or is there any way you could be of help by helping to receive the money ?
There’s no stopping you from creating your PayPal account…
It only take a few minutes to set up
Please I’m Akinola I’m interested in affiliate marketing
I need your help on how to open click bank account
And do business here in Nigeria
Please how can you help
How do I set up a PayPal account ?
Just get the report here and you’ll be able to set it up within a few minutes!
How do I open a Paypal account that receives money in Nigeria legitimately and be verified at the same time.
I got the report today, worked through the setup process seamlessly with the Shola’s support anywhere needed along the line, and now I have gotten my first payment to my account.
Thanks a lot
This is amazing cuz this has been my biggest challenge. Anytime I thought of a business online and it demands PayPal for payment my body shrinks.
Some think if living this country for but for this great info and going to take action and see how it goes. Getting my eBook soon bro……. Thanks.
Do you have a Whatsapp group or facebook in which you enlighten people m9re on the topic of setting a PayPal account and then being able to receive payment in Nigerian banks
I have been receiving payment into my PayPal account but I can’t withdraw can you help me with it.
You can get the report on how to fix that here
You can’t, because that’s the limited default account for Nigerians
Does this still work???
It does
Does this still work , to receive fund to Nigeria bank account.
100% Working!
Does this still work 🧐
Yes, it does… I still made withdrawal as of today.
Hello I have been trying to link my Gtbank first bank card to my business PayPal account but it isn’t working. Any idea on how to solve that?
You’ll find everything you need in the Report.
i want to be able to recive funds and send them to my Nigeria account. what and what do I need to get that going. I’m
so worried
Get the report, I’m sure you’ll fund it helpful.
What I was trying to say is must my PayPal be a business PayPal before I can withdraw to my bank account here in Nigeria??
No it’s not sir
My PayPal account can’t receive payment and I can’t send to my bank account what can I do please ?
Get The Report and Set-Up
I have a PayPal and I tried to link my card they have deducted money from my card but am still yet to receive code they said I will receive..pls what can I do about that??
If it doesn’t come, try using another card or better still GET my REPORT on how it’s done PROPERLY!
Is there a way I can transfer money from my Nigerian PayPal account to my transferewise Account
I’m going to create a video on it soon. Subscribe to my YouTube Channel to get notified when I do.
Pls sir am one of your student in the professional class 2 Mercy Ameh am having problem on how to start and withdraw to PayPal and my Nigeria account.
Send me a message in the class.
Was the present price for how open a PayPal account that receive money in Nigeria?
How much does getting the report cost
Please and please sir I need your help concerning this PayPal stuff.
can i open a business paypal account without a national id card or a driver’s licence
Yea… you can!
Could you receive and send funds using this method
Yeah… you can!
I just received a mail from PayPal saying I can’t receive fund in my Nigeria papal account despite linking my card successfully. An attend to receive money from third party was denied. Note I open a business PayPal account with all verification done. Will appreciate your advice.
Yeah… Its obvious PayPal is not available by default to Nigerians…. Get my REPORT and see how you can get it done.
please i want to know if this method still works with Paypal because I want to open a Shopify store with Paypal as the getaway payment process.
Yes, Valentine, it works with Shopify
Useful article
Please can I contact you?
You can send me a mail
My question is this
How much is d transfer fee from PayPal to my Nigeria bank account. Assuming I am 400$ on my PayPal account.
that will be $5
How can I withdraw my PayPal to my Nigeria bank account
I want to start freelancer online business and other online businesses. which paypal account is good for that , then what is the different between the normal paypal account in Nigeria and the one abroad USA, i saw in some video that u can just open the account but, i don’t have any idea about it till i come arose your bag , please can you help with more information ..
there’s really no difference. What matter most is creating a business or personal account. the business account is preferable if you’re going to be using it to receive payment online.
Other than that… all PayPal account server the same purpose irrespective of their country.
Thank you so much for your help, another issue can one person open more then one paypal account . eg. personal account paypal and business paypal account with the same person name and details. the report you talk about can i find all those information inside.
Basically, you don’t need more than one account because the business account equally do what you’ll need the personal account for.
No I dont beleive this.. has paypal lifted the ban? I created personal.. it says it can only pay out and not receive.
I created another with my company name, verify it etc as a merchant.
Yet, it says Nigerian merchant cant receive by send.
So what am i not doing well?
Yeah… that’s because you can’t use PayPal to receive by default in Nigeria
hi Sola, can is it possible to send money from my paypal account (money in naira) to my account in the uk (pounds)?
if not possible, do you know any way i can easily transfer money from my nigeria account to my uk account please?
thanks
Yes you can
Good Evening, Please I set up a PayPal account and was asked to link my credit or debit card. Is this a must to transfer money to my bank account?
No it’s not…
Sola, I got your report early hours of Saturday but Paypal is yet to verify my card…. I just contacted you on Whatsapp, can you give me heads up?
I replied back on WhatsApp and I believed everything is settled now.
Hello Shola. I opened personal PayPal account, linked my Stanbic Master card, was verified by PayPal by refunding the fee deducted. But I can’t withdraw money to my bank account. I need your help. Francis Solomon from Lafia
It doesn’t work that way.
Goodday my Gmail address used to create my PayPal account is different with my bank account name..
Would that be a problem to send money to my Nigeria Bank account
No, it’s not.
Please do this method still work? And can I pay for the eBook using PayPal?
Yea it does!
Hello Sir if this method still work can I pay u through my PayPal account?
Yes you can!
Mr David. Please which of the PayPal account is better – personal or business. I’m gonna be receiving some dollars from the US so I want to know which is better
Business will do
I will pay you money through my paypal account
Yes, you can do that!
You mean i should use my bank registration but i did’nt remember my address again
How can I add my middle name to pay pal
Mr sola, in your previous answers I saw a place where you said by default, you can only send out money and not receive via a business account. Again I saw this by default, you can only send out payment and not receive with your personal account. My question: so on which type of account we can with withdraw?, if not business and personal account. Thanks
It’s business account
Hello Mr Olusola,
If I use the technique in your report to withdraw funds, what will be the exchange rate for dollar to naira?
The current exchange rate.
Pls what type of paypal account is opened using your report? Personal or business?
business