One and a half years ago FNB started offering PayPal account users the ability to top up and withdraw PayPal funds from their FNB accounts, now FNB is opening up its PayPal withdrawal service to any user with a South African bank account.

Receiving funds and withdrawing these funds into a South African bank account was previously offered exclusively to FNB banking customers through their online banking service, and with the new PayPal withdrawal service non FNB customers will also be able to take advantage of PayPal withdrawals no matter where they bank in South Africa.

PayPal account holders from other South African banks will now be able to register their bank account on the FNB site, and then link their verified PayPal account with their bank account through the FNB internet banking portal.

Non FNB customers that make use of the PayPal withdrawal service will not incur any addition charges, and will have exactly the same service as FNB customers but only without the TopUp functionality.

To be able to receive and withdraw money from PayPal you will need a verified PayPal account, a South African bank account, and you need to register on FNB to make use of the PayPal withdrawal service.

This is just another great innovation from FNB showing that they don’t just want to offer their own customers with great service but are willing to extend it to other banks’ customers and allow entrepreneurs in South Africa to be able to make money online in any country no matter where they bank.

Few minutes ago I got the following email:

Information – Access Suspended

Dear Valued Absa Customer
In the last fews weeks, our Online Banking Security team has observed multiple logon attempts on your internet banking account from different blacklisted IP’s.

For your safety we have decided to suspend your access. You will need to verify your identity.

Go straight to your Absa for procedures to follow:

Click Here to continue

ABSA Bank will not be responsible for loss of funds to online phishers as a result of failure to comply with this important new directives. We are committed to serving you better.

Security Management
Absa Bank Group

Please do not reply to this e-mail. Mail sent to this address cannot be answered.
For assistance, log in to your absa Online account and choose the “Help” link on any page.

absa bank Email ID # 1009

Nice try but they made a few mistakes, first of sending it to one of my emails I never use for personal stuff and second the url to the page to enter the details.

Must say they did a great job at copying the layout, but lucky for me I know what to check out for on these types of scams.

Some tips to avoid being scammed if you are a Absa customer:

1. Make sure the site you are accessing is https://ib.absa.co.za/ib/ib.jsp
2. Absa will never ask you to update details over an email, if they do just ignore it.