There are a couple of banks in Uganda that accept PayPal, they include:
1.United Bank of Africa (UBA).
2. Stanbic bank.
3. Diamond trust bank (DTB).
4. Equity bank.
5. Eco bank.
6. Crane bank
7. Centenary bank
The banks allow you to transfer money from PayPal to your account in the bank.It takes up to 3 days for the money to reflect in your bank account.
PayPal is normally used by academic writers, bloggers,YouTubers and generally people who work online. It’s the most convenient way of receiving money online in Uganda.
How to link PayPal to your bank account in Uganda
You can link your PayPal account to a bank account so that you can transfer money into and out of your PayPal balance. You will first need to have a Visa Card or Master Card issued by your bank. To do this, follow these steps:
1. Log in to your PayPal account and click on the “Profile” tab in the top right corner of the screen.
2. Click on “My Money.”
3. Select “Link a Bank Account.”
4. Follow the prompts onscreen to link your bank account to your PayPal account, including entering your bank card number, name of institution, and other necessary information.
How to withdraw money from PayPal in Uganda
To withdraw money from PayPal in Uganda, you’ll need to follow a few steps.
First, log in to your PayPal account and click the “Withdraw” button at the top of your screen.
Next, select “Transfer Money” on the left side of your screen.
Then, choose your bank as the destination for your funds.
In order to make sure that you have enough money in your account to cover the withdrawal fee, it’s important that you check this information before making any transfers between banks. In addition, please note that withdrawals will be processed only when funds are available in your account.
