Paxum Inc is pleased to announce the activation of EFT Withdrawal for clients in South Africa. Verified Paxum clients located in South Africa can now initiate EFT Withdrawals from their Paxum account to their local South African bank account in ZAR currency.
EFT Withdrawals are typically received to the specified bank account within 3-7 business days of submitting the request. The fee for EFT withdrawal is $8.95 USD per transfer.
South African clients can request an EFT Withdrawal from their USD Paxum currency account directly. Per transfer limit is $3,500 USD, and daily withdrawal limit for South African EFT is $10,000 USD.
The addition of EFT Withdrawal for South African clients is part of a series of planned additions to further expand Paxum withdrawal options. Stay tuned for more updates from Paxum coming soon!