The cheapest way for paypal kenya withdrawal is by using a debit card. However, since no bank in Kenya issues such a card, you can get one from the US.
How get a US debit card for your paypal withdrawal in Kenya
Withdrawing paypal kenya funds has been a challenge for many Kenyans despite the large number of people working online. If you are a freelance writer, blogger or an online trading partner, you need to be able to get your money conveniently.
Apparently, direct withdrawal of your dollars from PayPal account to a local bank is not possible in Kenya and in most cases, people reply on third party means of withdrawal. Although there have been third-party e-currency withdrawal sites, they have been charging hefty fees. The third party e-currency withdrawal sites charge somewhere between 10 to 12% in commissions plus withdrawing fees.
They also do not offer dollars in the current exchange rates. This means that people who would like to withdraw from PayPal lose about $10 for every $100 they want to withdraw. They are also charged for MPESA withdrawal. However, this process has been made easy with a US debit card, which is very easy to obtain.
All you need is to provide your details and it will be mailed to you.
You need to differentiate between “physical address” and “postal address” when you are applying as this is one area where many people do not get it right. Loading your money in this card from PayPal is free since you are given a US bank account. In addition, the withdraw charges are very little. If you are withdrawing for instance, $500, which is equivalent of KES, 40,000, you will only be charged about 2.5 dollars from the ATM.
This card works pretty easy with Barclays bank Kenya ATM machines. If you want a hassle-free way to withdraw paypal funds Kenya, then you need to use this card. The good thing is that the card is issued free and you do not have to spend anything. It will be mailed to you in the postal address you provide.
Apply your debit card for free now
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