Equity Bank announces new withdrawal charges for PayPal users

 ›  ›  ›  ›  ›  ›  ›  › Equity Bank announces new withdrawal charges for PayPal users

Africa,Business,Diaspora,Kenya,Kenya Diaspora News,News,U.S Diaspora

Equity Bank announces new withdrawal charges for PayPal users

Share this

Equity Bank announces new withdrawal charges for PayPal users

Equity Bank has announced new withdrawal charges on its Equity-PayPal withdrawal Service effective March 2018.

The new tariffs are as follows:

Withdrawal amount in USD 5,001> 2,001-5,000 1,001-2,000 501-1,000 <500
Fee 1% of the Withdrawal amount 1.125% of the Withdrawal amount 1.25% of the Withdrawal amount 1.375% of the Withdrawal amount 1.5% of the Withdrawal amount

“The PayPal service with Equity allows our customers to accept payment globally and withdraw locally. By introducing tiered pricing, we hope to encourage more usage from businesses and consumers already using PayPal. At the same time, we hope to continue creating value for our users and as a result, increase their engagement level with this platform,” The bank’s MD James Mwangi noted.

The bank bank said it reported an increase in the volume of transactions across its international money transfer platforms in the year ended December 2017. PayPal’s volume transaction rose significantly in the same year at a time when the withdrawal time was shortened.

Equity is the only bank in Kenya that allows PayPal customers to withdraw money from their bank accounts.

Equity Bank announces new withdrawal charges for PayPal users Reviewed by on April 7, 2018 .

Equity Bank announces new withdrawal charges for PayPal users Equity Bank has announced new withdrawal charges on its Equity-PayPal withdrawal Service effective March 2018. The new tariffs are as follows: Withdrawal amount in USD 5,001> 2,001-5,000 1,001-2,000 501-1,000 <500 Fee 1% of the Withdrawal amount 1.125% of the Withdrawal amount 1.25% of the Withdrawal amount

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SAMRACK MEDIA

SAMRACK PRESTIGE SERVICES (S.P.S)

Phone:Tel 781-888-8770

Email: samlibbi@gmail.com,
Email: Samlibbi@yahoo.com

Your Convenience is our Priority!

View Monthly Archives

Subscribe to our Mailing List

Page generated in 2.298 seconds. Stats plugin by www.blog.ca