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 for help with that.
5 Steps to Link Your PayPal Account with Your Online FNB Account
1)
Go to your PayPal account and add your bank card. To add your bank card to PayPal you fill in the numbers on your card.
There will be a place in your PayPal account asking you to fill in numbers that appear on your bank card.
2)
There will be a message that tells you PayPal will be deducting about R20 from your FNB account to confirm that the bank card and bank account really are your own. Hopefully you’ve already made sure that you have at least R50 or so in your FNB cheque account.
Look out for a statement from FNB about 3 to 6 days later that will reflect that “about R20” transaction along with a code.
3)
Once you have that code fill it in in the appropriate place in your PayPal account, and your card will be confirmed.
PayPal will give you that “about R20” back
That refund amount from PayPal will soon be in your PayPal account waiting for you to withdraw it to your online FNB account after you have linked your online FNB account with your PayPal account.
4)
Go to your online FNB account and follow the steps to link your online FNB account to your PayPal account. It just takes you along. Keep going.
During the last few steps you need to log in at PayPal (your online FNB account site page that you are on takes you there automatically, but if it doesn’t take you there within a few seconds then you can just click a link on that FNB site page that will take you there). When you’re on PayPal it will look like you are about to pay for something – but it’s not a payment, it’s just the final step of linking your online FNB account to your PayPal account.
5)
Once you are done on PayPal you automatically get taken back to your online FNB account page that you were on and then you can click “finish” – and you’re all done!
Conclusion
Your FNB account is now linked to your PayPal account.
When you receive monies in your PayPal account you can go to the PayPal services area in your FNB account and, from there, you can withdraw money from PayPal into your FNB account – which will take 5 to 8 days before it clears into your bank account ready for you to spend.
© Copyright Teresa Schultz 2013, 2014, 2015
