FNB PayPal withdrawal.

I also second Wise and you can even use it as a regular account to buy stuff off Amazon and other sites. Paypal crypto isn't available for SA.
 
Speedster said:
Open a Wise account and put the funds in there. Zero monthly cost and best rates for pretty much any transaction. If you want I can PM you a referral code which saves some of the fees should you ever decide to do a currency conversion.
Click to expand...
I'd also take one of those codes as I was just about to open an account.
 
Speedster said:
That's a bold (and untrue) claim
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Just checked. We both posted on 18 and 19 March 2021 in this thread. So pretty even. I was thinking of a thread on SA Gamer or Carb perhaps earlier in the month when I first started using Wise to cashout PayPal. I created a thread somewhere to punt Wise over FNB's PayPal integration.

Also, this is the most disgraceful referral program I've ever seen:
Screenshot-2024-03-13-at-14-37-50.jpg

A once-off 6.2% thank you for adding four new users, wow.
 
Well technically RedViking was first when it was Transferwise. But Speedster was first to offer. Doesn't really matter though as Bryn says it's an abysmal program. Pound transfers are free in any case so I won't be paying fees and it will go to waste. Dollar is $4 per transfer but I chose Pounds for everything because Wise doesn't ask a receiving fee.
 
In any case I tried to open a Paypal business account as it's more flexible to set up donations but it just summarily blocked my account. They also didn't even want me to set up a business name as it just failed with no reason given.
 
and when I recommended binance years ago and posted a full page review it was flagged as spam and removed :(
 
  • Wow
Reactions: Swa
Swa said:
In any case I tried to open a Paypal business account as it's more flexible to set up donations but it just summarily blocked my account. They also didn't even want me to set up a business name as it just failed with no reason given.
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PayPal closed an account shortly after creation? Bizarre.

My PayPal business account has been a PITA a few times, freezing my balance twice for nearly a month with no ability to fast-forward the process. Each time I had to provide additional documents, and the second time required registering a company when I had zero practical reason to do so.

Could have been worse. A dev I'm friends with suffered immense emotional trauma a few years back after PayPal froze his balance for around 8 months. It was his first mega project, with a huge deposit, and a client who could refer loads more business, and thanks to those funds being locked up, the project collapsed slowly and awkwardly whilst he dried himself up financially to try to compensate for the lack of a usable deposit.

Initially, PayPal support was apologetic but said they could not circumvent the automatic anti-fraud measures. And by the end, they were snarkily telling him that this is exactly why they put these measures in place, whilst returning the funds to the client.

Makes me wonder if I should get a Stripe Atlas account...
 
Bryn said:
PayPal closed an account shortly after creation? Bizarre.

My PayPal business account has been a PITA a few times, freezing my balance twice for nearly a month with no ability to fast-forward the process. Each time I had to provide additional documents, and the second time required registering a company when I had zero practical reason to do so.

Could have been worse. A dev I'm friends with suffered immense emotional trauma a few years back after PayPal froze his balance for around 8 months. It was his first mega project, with a huge deposit, and a client who could refer loads more business, and thanks to those funds being locked up, the project collapsed slowly and awkwardly whilst he dried himself up financially to try to compensate for the lack of a usable deposit.

Initially, PayPal support was apologetic but said they could not circumvent the automatic anti-fraud measures. And by the end, they were snarkily telling him that this is exactly why they put these measures in place, whilst returning the funds to the client.

Makes me wonder if I should get a Stripe Atlas account...
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According to them I'm too much of a risk as they can't verify my info. I'd like to know how they're going to really verify a business account in a private individual's name, the very thing the option is for. It's not like I'm going to register a business with my own name for doing business with people. I even complied with the flags that were on my account initially and it said everything was fine after that.

Most likely the system just randomly flagged my account the next day and there is no appeal process. Meanwhile I've been using a fake account for years to receive commissions where I don't want people to know my identity without any hiccups.
 
I have a client in America who ive done work for before she normally takes a week or 2 to pay me. I've just recently done over 20k work for her ive created an invoice because she said she no longer has a PayPal account and now she is saying her bank wont allow her to pay overseas bank. Um this is PayPal isn't it based in America? It's an invoice she can pay with VENMO on the invoice. It's literally the easiest thing in the world for an American to make a payment. This shouldn't be a problem im still doing work for her I don't understand the problem
 
purple face said:
I have a client in America who ive done work for before she normally takes a week or 2 to pay me. I've just recently done over 20k work for her ive created an invoice because she said she no longer has a PayPal account and now she is saying her bank wont allow her to pay overseas bank. Um this is PayPal isn't it based in America? It's an invoice she can pay with VENMO on the invoice. It's literally the easiest thing in the world for an American to make a payment. This shouldn't be a problem im still doing work for her I don't understand the problem
Click to expand...
Ahem, she doesn't want to pay you?
 
Snyper564 said:
I have a feeling its this... I would stop any further work till payment is made...
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I would also hesitate doing any further work for such a client, if the situation is rectified, without getting the majority of the payment as a deposit.
 
purple face said:
I have a client in America who ive done work for before she normally takes a week or 2 to pay me. I've just recently done over 20k work for her ive created an invoice because she said she no longer has a PayPal account and now she is saying her bank wont allow her to pay overseas bank. Um this is PayPal isn't it based in America? It's an invoice she can pay with VENMO on the invoice. It's literally the easiest thing in the world for an American to make a payment. This shouldn't be a problem im still doing work for her I don't understand the problem
Click to expand...

She should be able to do a SWIFT payment directly to your South African bank account.
 
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