PayPal Money Withdrawal Soon

Post by Mark

If you’re a PayPal user you probably already know that as residents of Kuwait, we don’t have the ability to cash out our PayPal credit. Meaning if someone sends you $100 with PayPal, there is no way of withdrawing that money or depositing it into your bank account.

But according to a reader this might change come October. According to the reader, he recently got a call from PayPal for a survey and at the end of the call, he asked them about money withdrawals in Kuwait. The PayPal representative told him that money withdrawals would be activated in October with NBK.

Hopefully this is true since I know a lot of small businesses who want to open up online websites and accept credit card payments but can’t afford the high rates of our local banks. PayPal would be a much more affordable option for them and work easier with ecommerce sites like SquareSpace and Shopify.

Thanks Jassim

Share on Facebook Share on Twitter

15 comments, add your own...

  1. Kuwait says:

    Why only NBK? If paypal operates in a country, it usually works with all major banks.

  2. fahad says:

    im more concerned if it going to have buyer protection.

  3. Kuwaitiful says:

    It’s likely going to be exclusive to NBK account holders though, which is fine since the user isn’t affected.

  4. Ali Sleeq says:

    That’s good; now I can sell stuff on eBay freely!

  5. Infusions kw says:

    Good news indeed! That would certainly take my website to another level because international orders are 80% turned away because we dont have paypal due to fact i couldnt convert a purchase to cash

    • MousePotato says:

      I’m trying to open up an online store for all types of tools in Kuwait. Do you think there is a market for that and what would you consider the best way to market the store?

      Hope you can give me some advice.

  6. ahmad says:

    Great piece Mark, always on top of good news!! That’s why xcite has launched Paypal here ?

  7. Mohamad says:

    Hello, so is it working now?

  8. AL says:

    The problem is with the central bank of kuwait. They are refusing the PayPal people to allow withdrawals in kuwait. PayPal people were trying to make us withdraw funds from our PayPal accounts to kuwait credit cards just like KSA and UAE but the central bank of kuwait won’t allow them for the excuse of money laundry as I understood. This is no place for small businesses or online business. Maybe in another 100 years we will catch up with our neighboring countries and another 100 to catch up with the rest of the world.

    • AL says:

      Not to mention the people here who would take advantage of this PayPal service and use is to fraud others and give us more of that bad reputation which we already have. And if you are selling stuff online and want to ship cheaply via local post offices, then good luck with that!! Cause you will not be getting any protection from PayPal as a seller due to not having an online tracking for any of the mailing options that the local Kuwaiti post offices provides.

  9. Raghda says:

    It’s December and not activated yet. :|

  10. TNK says:

    not a big fan for Paypal but I believe that Paypal not good idea for merchant or sellers who own shops and want to sell things online, Paypal only accept visa and master and most of customer in Kuwait deal with K-Net so you will need a provider for this kind of payment cards gateway, you must to deal with local banks or a third part company who offers this kind of cards gateways with a fees for every transaction.

  11. Fahsd says:

    now 2018 now they can Withdrawal ?

    • Hussein says:

      There is no hope, whenever I call them they say soon. It’s June now and nothing happened. I have some money stuck in Paypal and I have no solution how to withdraw them! It’s only Kuwait & Qatar left in GCC without withdrawal feature. SA, BH, AE & OM all have the option to withdraw, including Jordan & Egypt, but your paypal should be open in one of these countries. I tried opening a bank account in Egypt and linked the credit card to my Egypt paypal and all went fine, however, Paypal turned my account to limited unless I submit address proof, electricity bill & copy of passport which I failed to do since I’m not resident there, so they suspended my account.

  12. Platinum says:

    I just contacted them and they told me that it’s not true and we will no add this feature anytime and they told me to no waste my time since they didn’t even consider this, the only thing they told me is that they allowed to add a payment method to PayPal and that’s it (which every bank is doing so).

    No Hope! don’t waste your time since it will not happen…

Leave a Reply

Commenting is a privilege not a right. I allow comments on the site because I believe that you can make a valuable contribution but in return I expect that you comment responsibly.


If you have anything you think would be interesting to share on this blog
[Email Me]