Getting an FNB account: This article describes what South Africans should do to get an FNB account in preparation for using PayPal to receive monies. As a South African I got an FNB account when I wanted to use PayPal to receive monies. At the time it was only FNB that one could use to receive monies from PayPal.
To link your PayPal account with your online FNB account first make sure you already have your PayPal account and your online FNB account – an FNB cheque account. In fact, this tutorial is based only on if you have an FNB cheque account, and not if you bank elsewhere. People who want to link their PayPal account with their bank account can still get monies out of PayPal into their non-FNB bank account, through an online FNB account, but that’s slightly different. Ask your bank or PayPal with help for that.
So, I needed to cash out my Liberty Life investment in March last year, in 2012. I had taken a 5 year investment plan with Liberty Life with a lump sum investment 3 years before. I’d seen a financial advisor upon recommendation by a friend. It wasn’t a particularly large lump sum investment, and had grown only 15% in 3 years, but I …