Withdrawal from PayPal Account to Saudi Arabia VISA Credit Card is now Enabled

29 Mar

International Payments - PayPal Worldwide_1301398051415

Online seller and buyer from Saudi Arabia have now reason to be happy. Just yesterday I got an e-mail from PayPal informing me, that I could now connect my Saudi issued VISA Credit Card to my PayPal account. And I could withdraw anytime to my VISA Card issued in Saudi Arabia.

It is not really very clear to me, how things will work for Saudi Paypal Account, since according to the PayPal any balance will be transferred to my VISA Credit Card at every first week for the month.

Anyway it is a really good thing to have a Saudi based PayPal Account. PayPal could be used in many ways in transacting online.

Just Press the link below to be enrolled in PayPal.

>>>> Enroll Here <<<<

Good Day.

* Update *

Here are some information received from PayPal

Hello

Now that you can receive payments, you can start selling with PayPal. Also, we want to tell you about an important feature of your PayPal account.

30 – day pending balance

Payments you receive go to your pending balance. Payments in your pending balance belong to you, but you can’t use or withdraw them, usually for 30 days. After that, pending payments go to your available balance, unless PayPal is holding amounts for another reason, as specified in the PayPal User Agreement or other agreement that you have entered into with PayPal. After you have a successful selling history with us, we will make all your payments available soon after customers send you payments.

Why do your payment go into a pending balance?

* We’ve found that until you have a successful selling history, problems between sellers and buyers are more likely.
* Sometimes buyers ask their card issuer to reverse a payment. By putting your payments into a pending balance, we make sure you can return payments quickly to a buyer’s account.
* The pending balance period gives new sellers a way to establish a successful selling history.

Withdrawals to your bank account in the U.S

You can let your withdrawals happen automatically. Your available balance is automatically transferred on the first day of every month to the bank account in the U.S that you’ve selected.

You can also withdraw payments yourself – any amount upto entire available balance. Here’s how:

* Log in to your PayPal account and click Withdraw at the top of the page.
* Click the card or bank account you want to use.
* Enter the amount to withdraw and click Continue.
* Make sure that your information is correct and click Continue.

Withdrawals from your PayPal account appear as credits on your card or bank statement. You can also find withdrawal information on your Account Overview.

Start selling with your account

Questions? Let us know

We understand that you’d like to have immediate access to the payments you receive, and we’re here to answer your questions about this change to your account. To contact Customer Service, log in to your PayPal account and click Contact Us at the bottom of any page.
Thanks,

PayPal

I Think this answers my question above.

Update : 02 April 2012

I have found out that if a certain company is always sending you on a monthly basis, their amount will be easily converted to the available amount however if somebody send you for the first time, it will take a month to get the funds. For me Chitika and infolinks payments is being transferred to my available amount the moment it arrives my Saudi PayPal account. I have also tried to transfer an amount to my VISA credit card and it cost me $5 for the transaction and money is received after 5 days.

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16 Responses to “Withdrawal from PayPal Account to Saudi Arabia VISA Credit Card is now Enabled”

  1. naseeh July 14, 2012 at 1:33 pm #

    ohh my word..finally Bank Aljazeera(BAJ) supporting Paypal withdrawals via VISA Credit card..Alhamdulilah..I am loving to see this kind of changes in KSA..If u had any problems via BAJ to withdraw money from paypal you can contact me via my email,any help on this regard is free..insha allah I’ll try to help you guys..

    • Best of Riyadh July 17, 2012 at 10:21 am #

      @naseeh,

      Good to see that Bank Aljazeera(BAJ) is moving forward on this new thing about paypal. And I am glad that you are now a happy customer that gets your money.. :)

  2. naseeh April 25, 2012 at 3:47 pm #

    Same I am having problem with bank aljazeera, I received money from paypal, but i cannot get the money, from last 50 odd days i am suffering on this issue. when I call bank they are saying the money is on my credit card, but they dont know what to do..how to receive the money no one knows .

  3. BayView-Saad April 2, 2012 at 2:09 pm #

    Ahaan, thanks dude (or dudette =P) for simplifying it up!!

    I’d be moving to KSA soon for Iqama renewal these holidays, and would surely compel my dad to have one for me so that I could continue earning some extra bucks.

    I’d reply on this post (or is there any other better way to catch up with you?)If need any word of opinion whatsoever! Thanks!

    • Best of Riyadh April 2, 2012 at 2:19 pm #

      @BayView-Saad,

      No Problem.. I Just sent you an e-mail.. or you may follow me through twitter @techathand

  4. BayView April 1, 2012 at 11:11 pm #

    I have an Account (or rather my Dad’s) at Saudi Hollandi Bank. I do freelance work and get paid on Moneybookers. But due to much lucrative offers I’ve to switch to PayPal, but here you need to have Visa unlike MoneyBookers. What do i have to do? Does making a visa card require large fee? Excuse me for being an absolute dummy at this credit card thingy- but please explain me all the steps I need to take on.

    Since I would just be using this credit card for Paypal, I do not wish to pay excessively for the fee.

    • Best of Riyadh April 2, 2012 at 8:16 am #

      @BayView,

      Actually it is not that hard to get a credit card in Saudi Arabia. You just have to fill out the information form in the bank and you to give your 3 mos proof of salary. It would be easy to get the credit card from you are banking. The copy of Iqama is also needed. At the moment Paypal accepts only VISA and you have to wait a month before you can get your monney transferred to your bank account.

      • BayView April 2, 2012 at 12:05 pm #

        @Best of Riyadh,

        Ohkay, thanks a lot!
        So I can keep receiving my payments at Paypal account being assured that I’d be able to get a Visa card and then transfer it to the bank account after 1 month. (If it didnt work out, I could go to hell with all that virtual money hahah :P )

        And do you have any idea about the fee aspect? I’d be very fine at any deduction, even 50 % but only on the amount that is being withdrawn from PayPal. But I would hate to give out monthly fee etc, since it my Dad’s account. :D

        • Best of Riyadh April 2, 2012 at 1:18 pm #

          @BayView,

          If you have your visa card.. you can withdraw it directly from your visa credit card through cash advance.. but there is a fee of course.. It will be a minimal fee and not a big one..

          As for me example I just received the other day an amount of US$122 , and this amount transfer to my credit card on April 1. without a fee.

          I will only have to pay the fee to credit card company if i will withdraw the funds through cash advance but normally I just use my credit card to buy things for our daily use. :)

  5. Mudasir January 1, 2012 at 6:52 pm #

    Sahil,

    Paypal transfers to Credit Cards not Debit Cards.
    I suggest you open a Sabb bank account.

    Secondly when the they transfer i will usually take 5 to 7 days for it to show on your bank statement. (Just like some transactions take a little more time to show)

    Thanks to Best of Riyadh for this GREAT INFORMATION!

    Regards
    Mudasir.

    • Best of Riyadh January 2, 2012 at 12:32 pm #

      @Mudasir,

      I confirm with this statement, I am getting my paypal fund on a monthly basis and yes it takes 4 to 7 days to get the funds through sabb VISA credit card

      • Mudasir January 3, 2012 at 4:07 pm #

        @Best of Riyadh,

        Thank you very much for the information.
        How do you know that you have received the funds? do you get an email/SMS? or do you check the e-visa statement? how?

        Thanks in Advance.
        Mudasir

        • Best of Riyadh April 2, 2012 at 8:34 am #

          @Mudasir,

          Sorry it took some time respond.. but you may always check your online bank statement..normallynowadays bank is telling it’s consumer through text message that there is an amount transferred to you account.

  6. sahil April 19, 2011 at 10:39 am #

    bro which bank account you are using in paypal…??
    am using arab national bank but when i withdraw my funds to my ATM card the Withdraw funds transfer successfully also show withdraw status completed but when i check my ANB account i didn’t received any funds from my paypal account ..i try to conntact paypal but paypal support team said to me contact you bank .when i contact my bank he told me you was not received any transaction on that date…walla hi i really confused i really dont know whos laying paypal or my ANB…:( so please tell me which bank account your are using to withdraw you payment through paypal…Thank you

    • Best of Riyadh April 21, 2011 at 12:38 am #

      I am actually using sabb credit card. I think fund transfer coul be done on a monthly basis

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