NOW we(Malaysian) can withdraw money direct to our Malaysia Bank account!
Just log-in to Paypal this morning and notice this latest good news.
After log-in, the first thing they(Paypal) ask you to renew your new password(must NEW one), set 2 security questions and conform your email.
After that, when i click on the withdraw link, the new page come out and there's a new button(link) with the words "Withdraw to your Bank in Malaysia".
Then i go back to my profile and add the Bank Account info. Just key in your account number and the MEPS number(you can find out your bank's MEPS number by click on the details link).
That's all.
It only take 2~3 working days to transfer your money from Paypal to your bank account, and its FOC(free on charge) if your withdraw is more than RM400(minimum withdraw). Less than RM400 will be charge RM3 per-withdraw. And it seems like NO withdraw limit.
update 11 Nov 2009
After i transfer money to my Malaysia Bank account, i received email from Paypal:-
You asked us on Nov 9, 2009 to transfer $$$ MYR from your PayPal account to your bank account. We are processing your request.
The transfer takes up to 2-3 business days.
The money should be in your bank account by Nov 16, 2009
The transfer takes up to 2-3 business days.
The money should be in your bank account by Nov 16, 2009
Nov 16? its like 1 week time(7 days), not 2-3 business days?
update 13 Nov 2009
Hahahaha! i check my bank account this morning, the money i transfer from Paypal to my Malaysia bank saving account last Monday is already there. They REALLY only took 2~3 business days to process.
