Reasons why paypal in Nigeria does not allow bank transfer
As we all know we can receive funds on our Nigerian PayPal account but we can't transfer it to our bank directly for so many reasons best known to paypal only. We are going to look into four possible reasons why paypal does not allow direct bank transfers. Some of the reasons are; 1. Tax reasons 2. Trust 3. Race 4. Poor business strategy 1. Tax reasons Nigeria is a non alignment state and this makes Nigeria unable to sign a tax treaty with the United States. PayPal is managed and controlled in the United States and before you can get full access to PayPal, you must either be a citizen of the United States or a citizen of a country which must have signed a tax treaty with the United States. On withdrawing to your bank account maybe from your foreign paypal account, you'll see that some money would be deducted from your PayPal balance. This money deducted is the tax you pay which is legal by the law of the United