FNB PayPal withdrawal.

[purple face]

after 3-4 weeks of trying to setup
free FNB online PayPal
I was told from FNB I have a little bit of money in my investment account from 20 years ago.
that its will take 21 working days to close the account
so for now my only option is to get the cheapest bank account they have to withdraw my PayPal money.

which I have now done gotten the R4 a month bank account

 

[purple face]

they guy in FNB helped me with the withdrawal but he was very quick
I don't think I remember how to withdraw the money again
and also he said it was a gift but it wasn't it was for my work
im a freelancer do you think it will be declined because it said the wrong thing?

 

[Pho3nix]

they guy in FNB helped me with the withdrawal but he was very quick
I don't think I remember how to withdraw the money again
and also he said it was a gift but it wasn't it was for my work
im a freelancer do you think it will be declined because it said the wrong thing?

No, it won't be declined. If it's for work, speak to a Tax oak to get the actual code you should be using for the transfers

 

[purple face]

it still says Pending, does it say that the whole time?

 

[riscbroker]

View attachment 1144756
it still says Pending, does it say that the whole time?

Yes, it will typically take 3 working days for the funds to be available in your nominated account.

 

[Pho3nix]

lol if you start with R1000 then with all the transfer fees you might be left with R100

It costs R90 to do the transfers. Please stop spreading nonsense

 

[purple face]

It costs R90 to do the transfers. Please stop spreading nonsense

yes boss, LOL

 

[Pho3nix]

Actually checked my statement and the most I've paid is R250ish for a largish transfer

 

[purple face]

5 to 8 business days to reflect in your FNB Bank account.

 

[infrared]

5 to 8 business days to reflect in your FNB Bank account.

View attachment 1145738

it usually takes like 3 business days for the money to reflect in my account

 

[rvZA]

it usually takes like 3 business days for the money to reflect in my account

Mine usually on the second business day. As example, if I transfer on any Friday, Saturday or Sunday, the funds are in my account on Tuesday. If I transfer on a Monday, the funds are in my account on Wednesday. On a Thursday, and the funds are cleared on Monday.

It is the rare exception, and it happened to me only twice the past 5 years, where there was a delay and the funds cleared on the third or fourth business day.

 

[NeonNinja]

Mine is usually 2-3 business days.

 

[Pho3nix]

Anyone struggling with transfers from Wise?

Sent some funds last Wed and still haven't received them.
Issue seems to be Exchange4Free not releasing the funds at the moment even though I've done the 2022 Reporting Mandate.

@RedViking

@NeonNinja

 

[RedViking]

Anyone struggling with transfers from Wise?

Sent some funds last Wed and still haven't received them.
Issue seems to be Exchange4Free not releasing the funds at the moment even though I've done the 2022 Reporting Mandate.

@RedViking

@NeonNinja

I haven't received the 2022 forms yet. Last transfer was end December.

 

[Speedster]

Anyone struggling with transfers from Wise?

Sent some funds last Wed and still haven't received them.
Issue seems to be Exchange4Free not releasing the funds at the moment even though I've done the 2022 Reporting Mandate.

@RedViking

@NeonNinja

Where are you sending the funds to?

 

[Pho3nix]

Where are you sending the funds to?

Standard Bank but they haven't left Exchange4Free so the hold seems to be there

 

[Speedster]

Standard Bank but they haven't left Exchange4Free so the hold seems to be there

Where does exchange4free come into the mix. Can't you send straight from wise to Standard?

 

[Pho3nix]

Where does exchange4free come into the mix. Can't you send straight from wise to Standard?

Wise uses Exchange4Free as their intermediary for the transfers. Been like this for a year or two now.

 

[RedViking]

Wise uses Exchange4Free as their intermediary for the transfers. Been like this for a year or two now.

Might need to check with Bidvest.

Bidvest Bank E4F

For further assistance please contact

010 500 7819 or [email protected]

 

[Pho3nix]

Might need to check with Bidvest.

Getting a little annoyed to be honest. Spoke to them today and funds were supposed to be released this evening.

Will try speak to them tomorrow again