How to Access your funds for as little as 1% with Equity and PayPal in Kenya

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Fees and Timings

PayPal fees*

  1. No PayPal account set up costs.
  2. When receiving funds into your PayPal account, PayPal charges between 2.4% and 3.9% USD 0.30 per transaction.
  3. PayPal currency conversion fees may apply at 2.5% above the prevailing exchange rate.

**Please visit www.paypal.com/ke for more information.

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Equity Bank

Where payment is made into a KES/EUR/GBP Equity Bank account, the payment will be based on the USD/KES/EUR/GBP Bank's exchange rate prevailing at the time of effecting the transaction into your Equity Bank account. Equity Bank transaction fees are tiered based on the withdrawal amount as follows:

Withdrawal Transaction Value (USD)

500 and below

501 – 1,000

1001 - 2000

2001 - 5000

 

Withdrawal Transaction Fee

1.5%

1.375%

1.25%

1.125%

1%

 
 
 

 

 

How long does it take to get paid?

  1. Payment from another PayPal user is instant. 
  2. A withdraw from a PayPal account takes 3 business days to reflect in your Equity Bank account.

Withdrawing funds from your PayPal account into your Equity Bank account just got more affordable. That’s right! You can now withdraw your PayPal funds for as little as 1%. Click here to access our new fees

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