Good to here that update from PayPal.
Paypal Accept withdrawal directly to Malaysia Bank, You can withdraw to bank account!
Paypal Accept withdrawal directly to Malaysia Bank, You can withdraw to bank account!
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Oct 28 2009, 09:37 PM
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#1
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776 posts Joined: Mar 2006 |
Yea. I just got this news from one of my connection as well.
Good to here that update from PayPal. |
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Oct 29 2009, 12:34 AM
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#2
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776 posts Joined: Mar 2006 |
Yea. Exchanging still have some risk.
Since PayPal had introduced this method of depositing and withdrawing, it got much easier, risk-free and convenient. But there are still exchanger who exchange PayPal credits much cheaper than the exact price. So, I think there might still be customer for PayPal exchanger. |
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Oct 29 2009, 02:33 AM
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#3
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776 posts Joined: Mar 2006 |
It is free when you're withdrawing more than 400 MYR.
For withdrawal for less than 400 MYR, there will be a small fee of 3 MYR. I think everyone can afford it. PayPal Withdrawal Fees (Malaysia) |
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Oct 29 2009, 07:32 PM
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#4
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776 posts Joined: Mar 2006 |
QUOTE(Deimos Tel`Arin @ Oct 29 2009, 11:59 AM) what are the exchange rates? Return fee means, when you request a withdrawal but your bank denies the deposit to your bank account and returning the funds to PayPal, that's what return fee come in hand.lyn paypal fund traders offers much cheaper rates than the official paypal exchange rates. Added on October 29, 2009, 12:00 pmand wadafak does the rm15.00 return fee means? So, if you request withdrawal of RM 500 and your bank denies the funds then you will not get back RM 500 to your PayPal balance. Instead, it will be RM 500 - RM 15 = RM 485. |
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Oct 29 2009, 08:12 PM
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#5
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776 posts Joined: Mar 2006 |
QUOTE(kding2 @ Oct 29 2009, 08:09 PM) Wow...I just noticed it that paypal have implement this feature. Yes. That might be one of the factor.But there was something bothered me about this feature. Since my paypal name is not written similar to my bank account...am I screwed up at here? For example : My paypal registered name : Ali Bakar My bank account name : Ali Bakar Abu Nyoya. Get what am I trying to mean here? This post has been edited by josephting: Oct 29 2009, 08:13 PM |
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Oct 30 2009, 12:55 AM
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#6
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776 posts Joined: Mar 2006 |
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Oct 31 2009, 12:58 AM
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#7
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776 posts Joined: Mar 2006 |
LoL... No one can withdraw money from your bank account without verification.
You add those bank information is to let PayPal deposit to your bank account. Not withdrawal. It's kinda odd to have someone thinking like this? |
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Oct 31 2009, 09:57 PM
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#8
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776 posts Joined: Mar 2006 |
QUOTE(socratesman @ Oct 31 2009, 08:28 PM) Well of course I know Paypal recently allow us to withdraw to local bank account. Yes. That's right. Only US Banks (maybe Singapore is allowed also? Not sure What I wanted to know was, would Paypal use the bank a/c as a funding source as well? well i just found out myself luckily no, according to paypal https://www.paypal.com/my/cgi-bin/webscr?cm...onality-outside Just add credit/debit card to your PayPal account and you're free to pay using your PayPal account. As long as your cards are valid. This post has been edited by josephting: Oct 31 2009, 09:58 PM |
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Nov 1 2009, 07:17 PM
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#9
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776 posts Joined: Mar 2006 |
LoL... I've never tried it yet. You can try to figure out if it's possible or not if you want.
From what I can see on PayPal's site, there isn't any information on adding funds via bank accounts. Only withdrawing. Adding funds, only cards are allowed. |
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Nov 1 2009, 10:38 PM
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#10
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776 posts Joined: Mar 2006 |
You just need to add your bank account. I think...
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Nov 7 2009, 01:00 AM
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#11
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Senior Member
776 posts Joined: Mar 2006 |
Ya. I agree.
Poor rate is better than paying fees. |
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Nov 10 2009, 12:39 AM
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#12
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776 posts Joined: Mar 2006 |
Haha... Nice one. Wait them to get expired.
But it may come in handy when some site that's not receiving PayPal and have their own shopping cart system or checkout system. |
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Nov 10 2009, 01:42 AM
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#13
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776 posts Joined: Mar 2006 |
Well. You have any idea to process transaction other than PayPal?
There are several other payment processors but who wouldn't go for PayPal since it's the biggest? |
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