How to withdraw money from PayPal Egypt 2024 (with account activation)
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Withdrawing money from PayPal Egypt may be a challenge for many people, even though we are in 2022.
Therefore, I decided to provide a detailed explanation of most of the methods that you can use to withdraw money from your PayPal account.
Not only that, but I will also tell you how to activate your account in detail.
You may already know that PayPal is one of the best electronic banks .
But if you do not know, perhaps you can read the guide explaining PayPal in detail .
Now, let us move quickly to the first part about activating the account.
Part One: Activating a PayPal account in Egypt
Before you can withdraw any money from your account, you must first activate the account.
Unlike most other banks, which require you to upload a copy of your ID card or passport and a copy of a bank statement.
The steps here are much simpler, all you need is:
- Add your own Visa or bank account
Here in this example, I will use Visa EasyPay from the Egyptian Post (which you can now replace with Visa Yalla Pay from the Post as well).
Here the steps using EasyPay will be as follows:
- Go to the postal branch next to you.
- Apply for an EasyPay Visa. It will only be given to you with a copy of the national ID at the same time.
- Now, contact the postal customer service from the number on your visa and ask them to activate your card (by submitting your information, such as a photo of the card). Make sure not to tell anyone your card’s password, even if the employee asks for it from you.
- 24 hours after activating the card, you go to the mail and deposit an amount of 100 pounds, for example, because 1.5 euros will be deducted from it and return it again to verify ownership of your account.
- Then go to PayPal, go to Cards, then link a card and fill in the card information required of you.
Then do what is shown in the following image:
Finally , PayPal will ask you for the PIN code for the transaction in which 1.5 euros were deducted from you. All you have to do is contact the mail and request the code for the last transaction that was made for PayPal and it will be sent to you.
Enter the code and you will have correctly activated the account.
Note: Your amount will be returned back to your account after about a week.
Note 2: You will follow these steps when linking any other card. You will contact support and also ask them for the code for that process
Ways to withdraw money from PayPal in Egypt 2022
Now that you have already learned the first step of activating your PayPal account in Egypt, it is time to withdraw money from your account.
After more than the experience and experiences of many other people, the best way at the present time to withdraw money from PayPal in Egypt is the Yalla Pay Visa by mail.
I actually used Visa EasyPay and did not encounter any problems with it, unlike many other people, but in the current period, the issuance of these cards through the mail has stopped and has been replaced by the aforementioned Visa.
So your choice now for Egyptian Post is Visa YallaPay.
There are other very suitable methods of withdrawal, including:
- QNP Visa
- Link the account to Visa, Payoneer or a bank account.
- Visa Bank Paysera.
- Visa direct debit from the Bank of Alexandria.
- You can resort to a financial intermediary.
As for how to withdraw from PayPal, there are two basic methods:
1- Automatic monthly withdrawal
Here you will not do anything except activate the automatic withdrawal option from within PayPal as in the picture:
Once you choose the visa and activate this option, all the money in your account in Boom 1 will be transferred directly in the following month without your intervention.
What is special here is that there is no commission deducted when withdrawing in this way, only the difference in the exchange rate.
Mostly, in my experience, the difference is approximately 0.5 pounds per dollar.
Meaning, if the price of the dollar is 15.60 Egyptian pounds, it will be withdrawn from PayPal to Visa at a price of 15.10 pounds.
The second type of withdrawal is…
2- Manual withdrawal
If you want to withdraw your money on any day of the month without waiting for the beginning of the next month, you can try manual withdrawal.
Here, money is usually sent to your card within 2-7 days, and sometimes at the same time.
But here the situation is different from the method above because you will have to pay some fixed fees, which are $5 for each manual withdrawal, whatever the amount.
Here, all you have to do is go to the Wallet option, then under Balance, choose Withdraw Funds, then follow the steps in that image:
These were the best ways to withdraw money from PayPal in Egypt for the year 2022.
But there is some information that you should know, especially if you intend to use postcards.
The most important information about withdrawing money from PayPal in Egypt
- First, you should know that most cards have a weekly and monthly maximum limit that you cannot exceed.
- You can use any postal card without any problems with all the machines of the various banks, but sometimes problems occur with the machines of my bank (Alexandria – HSBC).
- There are withdrawal fees applied when withdrawing from any ATM machine.
- You can withdraw money without fees and with fractions from post offices.
Now tell me…
Do you have any other questions that you would like to know the answers to, whether regarding account activation or withdrawal from PayPal?
Do not hesitate to communicate, whether in the comments or through our social media accounts.