who know ? cause i got kind of sad ... i'm thinking of doing some small business but dont know which bank can get paypal money back T_T

- nonsense deleted -

This post has been edited by KilJim: Nov 28 2006, 10:04 PM

Hey there, hope this helps:

1. Setup a business PayPal account, select Singapore.
2. Enter your credit card details, enter your entire card details and set the country as Singapore (Even though your card is Malaysian).
3. Verify your credit card - USD$3 will be deducted from your card, and it will be refunded back in your new PayPal account.

4. Goto Singapore, setup a Maybank account and get an ATM card.

To withdraw you can use the Singapore Maybank card here in Malaysia to withdraw. Or you can just use Maybank2u to transfer the funds.

Just make sure your income tax is declared, and everything's proper.

is malaysia maybank allow us to register for singapore maybank ?

No, you have to physically be at the bank - it's to hinder money laundering by the lower/middle class. In Singapore you'll need S$500 or S$1000 to open a savings account (Can't remember which). Just check www.maybank2u.com.sg for savings account details.

I'm happy to help you anytime, just reply here. If I don't reply after 2 days, just PM me.
Good luck.

This post has been edited by Xeoalpha: Nov 28 2006, 10:59 PM

@Xeoalpha

1.) Do we need any documents in order to get a Bank Account from the Maybank@SG??
2.) Does the bank charge any fees for the withdrawer??
3.) Different currency exchange will have any xtra charges?

Thx!

oh god X__X it seem to be complicated cause i hard for me to go singapore and get my account register T_T! oh ya i got UOB bank account it also a singapore bank right so can my paypal bank use UOB bank instead of maybank?

though UOB is a singapore bank, but you still cannot withdraw the money out from the bank IF you register the acc in malaysia and not singapore.

anyway, if u r into paypal, go to singapore to open an acc with POSB bank. the most flexible bank IMO. btw, u need SGD 500 to open an acc and the bank will deduct a fee out from your acc every month if ur acc balance is less than SGD 500. just bring your IC and passport to register for the acc.

1. Your passport, and you just fill up the Savings account forms. Singapore will deduct S$5 if your account is below S$500 every month.

2. Yes, if you got a Singapore ATM card, and you withdraw here, you will be charged RM2. If you use Maybank2u, there should be a small fee too.

3. It will be converted to Malaysian Ringgit at current market price.

I'm not familiar with UOB's online banking - I don't know. Maybank2u allows you to manage both Singapore and Malaysia under one login.

This post has been edited by Xeoalpha: Nov 29 2006, 12:59 AM

oh got this bad bad bad T___T any way i heard that got people are willing to buy paypal money right ? using rm to buy USD dollar in papal got this kind of trading ?

I've answered this in the new thread you created.