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You are here: Home / Earning with Website and Blogging / PayPal: Withdraw PayPal Money to Malaysia Bank Account

PayPal: Withdraw PayPal Money to Malaysia Bank Account

October 31, 2009 by Sze Hau 1 Comment

Good news to all Malaysian who has PayPal account! You can now withdraw you PayPal account to you local bank account in Malaysia.

PayPal

Previously, Malaysians can only withdraw their money using debit card and the withdrawal is quite high too. In order to lose less than 1% of total money withdrawn, you need to withdraw at least USD100 to minimize the loses in transaction fee.

PayPal now offers better option to Malaysians. You can now withdraw your money for a withdrawal fee of RM3 for amount RM40 (minimum withdrawal) to RM400. Withdrawal fee for amount of more than RM400 is free!

PayPal Withdrawal Fees

To add a Malaysia bank account to your PayPal account, login into your PayPal account, click Profile > Add/Edit Bank Account.  Fill in you name, bank name, MEPS bank routing code, bank account number, re-enter bank account number and click continue for confirmation.

If you are not sure what is the MEPS bank routing number for your bank, simply click on the Details link next to the MEPS bank routing code text field, a list of major banks’ routing code in Malaysia will be shown.

MEPS Bank Routing Code

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Filed Under: Earning with Website and Blogging, New and Happening, Search Engine Optimization and Internet Marketing Tagged With: PayPal

About Sze Hau

Geek. Love programming. Coffee addicted. Married with two children. Working towards financial freedom.

Trackbacks

  1. PayPal expands services in Malaysia | Personal Finance says:
    December 11, 2009 at 11:11 pm

    […] PayPal allows Malaysian to withdraw their money from PayPal account to local bank, now PayPal provides a few more services for […]

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