hey guys,

can anyone tell me why the paypal conversion from RM to USD is so high despite the drop in the US currency?

Exchange rate:
1 Malaysian Ringgit = 0.324437 U.S. Dollars

Current exchange rate on Public Bank is just 3.0720

Conversion is part of Paypal business profit =) Everyone hates their conversion rate

thnaks again for your explaination

would it be cheaper if buy from you?

Hey there i would like to know which bank in malaysia accept paypal? i ask quite a few banks they said they do not know what is paypal... a little confused here since paypal is available in malaysia?

Most bank accepts Paypal. By debit card you could go for Maybank, PBe, Rhb. But for credit card I think any bank would do.

but i asked them they do not know what is paypal? so how can i make a bank account so that it can be verified in paypal account...
what you mean ? you need a debit card for paypal? i thought you just need a bank account? sorry im new to this mind explaining?

Which bank did you asked regarding to Paypal? To become verified, you must have a debit/credit card to link to your Paypal account.

If you want to use Paypal normally using a bank account only (Top up), you cannot be verified. Thus if you're making huge transaction using your Paypal account, there is very big chances your account will be limited under suspicion. If you just want to use Paypal for very small transaction then it will be okay without being verified.

Hong Leong Bank and AM Bank,weird, they do not know what is paypal ...
but i checked the paypal site they said you have to have either a bank account or
credit card to get verified? so why do i need a debit/credit card to get verified? any ideas why because at the site they said to get verified you have to either put bank account details or credit card...

Bank account verification is only applicable for US residents only. For other countries including Malaysia, we have to use debit/credit card.

You should try asking the younger staff. Some older staff hardly know about these. I have even asked 2 staff working in Maybank and they doesn't know what is eBay.

so how do you transfer money from paypal account to debit/credit card? and how
do you transfer money from debit/credit card to paypal account?

By transferring money out from your Paypal, you can choose to transfer to your bank account or credit card. Just click the withdraw button in Paypal and follow the steps there. You will get your money in 3-5working days.

I don't need to top up money to my Paypal account as it will be direct debit from my card eventhough the balance is shown as 0 there.

so just need to verify using debit card ? no need to type in your bank account details?
and which bank is the best for debit cards? you said maybank and the others? do you know which bank is the best?
and may i know what is debit card? is debit card means that you are using the money in your bank? i am not sure about
what is debit card, can debit card be over used? means that you will owe the bank if you exceed your limit?
mind explaining thanks...

Verify using debit card and need to type in bank account details too. Usually when you register debit card you will have a savings account which is your bank account also.

Ya debit card is using money from your bank account similar to atm card. It cannot be over used.

so do you know which bank is the best for making a bank account and a debit card?
which bank you use?

Public bank or RHB. For Maybank you need to do additional setups before you could do online transactions.

oic, anyway the additional setups in maybank (is it the maybank staff do it for you or you have to do it yourself)
if i have to do it myself , what additional setups i need to do (i just want to know only not sure which bank to choose)




do you know if public bank need to do additional setups for online transactions?

This post has been edited by donhealyou: Sep 14 2011, 01:51 PM

Public dont have any additional setups. Obtain the card and you're good to use it anytime. For maybank u have to setup the online transaction which is in your Maybank2u inside. And you have to do it yourself.

hi everyone. searching for 650usd paypal funds, accepting lowest offer

thanks for your help much appreciated
erm... do you know to make a public bank account, how much do you have to put inside the public bank account?
and can you make a new public bank account and register in paypal?