----- "Timothy Mutugi" <
timothymutugi@gmail.com> wrote:
> @steve, thanks for the tip man...
>
> BTW, I used to hear that one can withdraw paypal loot into an Equity
> bank local account? Is that still the case?
>
> Timo.
>
> On 2/3/11, Steve Obbayi <
steve@sobbayi.com> wrote:
> > Hey there, I have seen this issue with paypal payments over and over
> again
> > so let me try and answer you. Now to open a US based bank account as
> a none
> > US resident is still possible.
> > The only catch is that you cannot open it online, you have to
> physically go
> > into the bank with your passport and a second form of identification
> eg your
> > DL (no need for social security number
> > if you tell them you are not a reident).
> >
> > You then fill the forms AT THE BANK and you set up you internet
> banking
> > details right there as thats where all your transaction Bank
> transfers etc
> > will take place.
> > Once you are done you must deposit some money into the account
> immediately
> > and you walk out with
> > you temporary ATM card. You then need a Kenyan address and a US
> address. The
> > US address is where they will send the permanent ATM card within 10
> days
> > and other documentation whenever they need to as they wont send it
> out of
> > the country. Once you have your ATM card
> > and are going back to Kenya there is a number you will need to call
> to
> > activate your card to work in Kenya. make sure you get that number
> before
> > you leave the bank.
> >
> > If you need any more info let me know... this info is based on Bank
> of
> > America. (Not all banks offer accounts to non residents living
> abroad).
> >
> > Their ATM cards work just fine in Kenya but it will cost you 5 bucks
> per use
> > so be careful .
> >
> > -----------------------
> > Steve Obbayi
> > Software Developer
> >
http://sobbayi.com
> > =======================
> >
> > ----- "Kiti Chigiri" <
kiti.chigiri@gmail.com> wrote:
> >> Hi skunks.
> >
> >>
> > I have this nagging question that has just refused to go away. What
> options
> > does one have for having money in their paypal account transferred
> to their
> > local bank? A plus is that you tie your local credit/debit card to
> Paypal
> > for verification.
> >
> >>
> > I have considered opening a US based bank account such that paypal
> sends
> > money to that account and do a wire transfer from that account to
> the local
> > bank account.However, I am stumped as to how to go about this, since
> there
> > is some post 9/11 laws & regulations that limit/restrict bank
> accounts for
> > no residents.
> >
> >>
> > If you have managed to do so, especially for a SME, please share
> your
> > experience.
> >
> >>
> > thanks
> >
> >>
> > Kiti chigiri
> >
> >>
> >
> >>
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