As promised, I’m going to go through the process of setting up a PayPal account in Guyana. Now while such things should be fairly simple, you really can’t count on simplicity in dear, dear Guyana.
I’ll assume (that like me) you have a fear of being robbed blind. So in the interest of added security you’ll need to go to one of our lovely banks and open a savings account. Why? You’ll need that lovely card that comes with the account. Now if the banks were girls, then Republic would be the slutty one. Just take your ID (including proof of address), the minimum of $5,600 and that’s all you need to open the account. Republic is that easy to get into. Other banks may ask for proof of employment and a minimum income of $40,000. With minimum wage at $35,000 I’m surprised so many of us can shop online.
When you get your shiny new Republic One Card you’re all set to visit PayPal.com. Follow the instructions there. You’ll be asked to enter your card number. Please enter the 16 digit number in front the card (you’d be surprised at how many people don’t know this). At the back of the card there’s an additional three numbers you have to uncover. Those will be requested for further security. PayPal will then deduct US$1.95 from your account for verification processes.
When you complete that process, PayPal will ask that you check your bank statement for a 4-digit transaction code. You need this code to verify the account. Sigh. Now I would’ve told you to get online banking but then I’d have to say how and well this isn’t an article about that. So in order to get that code go to a Republic bank near you and tell a pretty customer rep what you want. After that, you’re all done. Take the code and verify your account.
Now don’t get excited. You won’t be able to link your PayPal account to your bank account. You won’t be able to withdraw money to your card and you won’t be able have the funds electronically transferred to you. All your PayPal account is good for is spending your hard earned money online.
If you lived somewhere else, you’d be able to work online, get paid through PayPal and then withdraw the money to your bank account. Sadly, you and I live here. So we have to wait until PayPal and our banks move to the next level of their relationships.
If you’ve got a question just drop a comment and I’ll get to you asap. Good luck!
Sharing a quick moment with you while I’m on the go.