thanks 4 da info!
actually i had link my card and bought 4 items from ebay. 1st time topup, the other 3 link rhb debit card.

just wondering is there any charges actually because last time i bought an item, the conversation rate is:

Jan 18 = 1 Malaysian Ringgit = 0.312050 U.S. Dollars @ 1.00 USD = 3.12050 MYR
Jan 28 = 1 Malaysian Ringgit = 0.320625 U.S. Dollars @ 1.00 USD = 3.320625 MYR

i know the conversion rate keeps changing from time to time but today's conversion:

Based on XE converter : Feb 2 = 1.00 USD = 3.01000 MYR
Based on RHB topup : Feb 2 = 1.00 USD = 3.06000 MYR

So my questions:
1) Do the bank charge any fee?
2) Topup rhb and link debit rhb conversion rate is the same?

Thanks...

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Added on February 5, 2012, 11:07 pmyup..but if the item is in USD, the balance in your paypal account must in USD. if in MYR, then it will deduct RM80 from your maybank acc.

This post has been edited by kamenslasher: Feb 5 2012, 11:26 PM

Yup, that's correct. If the item cost is RM40 only, then your maybank account will be untouched.

1) As far as I know, the bank doesn't charge any fee as the transaction is like a normal credit card purchase only, but since it's in another currency they will convert to RM using their rates la.
2) Sorry, can't help you there, but should be the same rate one

ok thanks!

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Added on February 6, 2012, 9:18 pmSeriously I do not understand with this currency conversion rate!!!

Buying items from ebay worth USD $355.00.

Currency coversion using:

XE Currency Converter:
355.00 USD = 1,068.55 MYR



Using topup function on paypal using RHB:
355.00 USD = 1,087.37 MYR



Link RHB Debit Card, click pay at ebay and it will direct to paypal:
355.00 USD = 1,099.75 MYR


So conclusion topup better????

This post has been edited by kamenslasher: Feb 6 2012, 09:18 PM

Did you check what was Paypal's rate? Paypal's rate is slightly higher than the usual exchange rate one. What is finally charged to your debit card will be the bank's rate, not Paypal.

Anyone who knows can verify how the rates go?

Yeah using topup is better.. Unless you could find someone in lyn that do provide Paypal funds transfer that goes according to Xe rate

This post has been edited by iampokemon: Feb 6 2012, 10:35 PM

and that person is you right?hahahaha

Usually the credit/debit card charges are just a temporary amount. The amount will be changed once the bank has confirmed your payment. Mostly the amount will charge lesser once the bank has confirmed the amount.

Emmm...I had checked the transaction history but the amount is still the same.
No add up.
Just got cash rebate from RHB. It's one of the card feature.

MAKE IT SIMPLE - just use the exchange rates from the bank that issued your card and u wont regret. PayPal exchange rates suck, and its well-known by experienced PayPal users. Thats why I NEVER top up my PayPal funds, but just linked my CCs to it. Its already said enough so if noob users still meroyan about cut-throat exchange rates, its their fault for failing to learn.

eBay.com.my usually reflects an approx amount in RM when u buy items in USD. same thing with PayPal. As for the XE rates, those are NOT the actual rates - they are not accurate and its best u refer to what the banks issuing your cards are quoting. So dont have to get so worked up over the difference. Pokok ceritanya, let your issuing bank determine the exchange rates. Master n Visa CC add 0.5% for transaction charges, whereas for AMEX its 2.5%.

hye guys. actually this is my first time using paypal. i ordered some items from kitbag.com but suddenly it out of stock & kitbag refund my money back. i'm using maybank debit card. i check on my paypal, it says that kitbag has refund my money to paypal, & paypal has refund my money to my bank account. last night i check, there's no money from paypal at all credit to my account. i google'd and even look in paypal discussion forum but none of it can solve my problem. how long does it took to get my money back? *sigh.

usually 3 working days, sometimes 5 working days. chillax, monday and tuesday public holiday ma, plus need to wait a few days.. you should get the refund into your maybank account either by end of this week or mid next week. Maybank's quite fast one usually, so should be end this week kwa

that's a relief. thank you

Sorry just noticed theres a paypal thread here, i will close my thread if i get an answer here

Hi, i am planning to use paypal for some deals through ebay, but don't have a credit card, however, the latest service by paypal offer direct debit from a rhb bank account. I am interested to use that, but no idea on how to use it. What's the procedure to set up using it? From what i gathered from the information is it like a prepaid account where you topup certain amount of money to paypal and paypal will just use the funds there to pay to the seller?

You don't need a credit card and it's not necessary from Rhb bank only. And it's not necessary to use topup or prepaid function unless you're rarely using Paypal or for security concerns. Topup requires a RHB savings account while prepaid can be gotten from 7-eleven stores.

If you're not eligible to register for a credit card then use debit card from any local or foreign banks such as Maybank, Public bank, Hong leong or others.

The procedure is: Register an account with Paypal -> Link your debit card to Paypal -> Start using your Paypal for payment from eBay or other websites that accept paypal. Just this simple. Not that complicated as it seems.

This post has been edited by iampokemon: Feb 9 2012, 03:12 PM

Hey there thanks for the reply. I don't have debit card either, just a student , however i do have a rhb saving account hence thats the reason i wanna use it. Anyway there are paypal prepaid card selling at 7-11s? how do they work?

Like that then using Top up is your only best option. They call it Mol-Prepaid, but it's recommended to use top up as you could specify how much amount you want in your Paypal. Not really sure how prepaid works though.

Procedure is: Register paypal account -> top up amount that you want -> start using your Paypal for payment.

*take note that the top up amount could be in USD or MYR. If you're trading in USD or any other foreign currency, then top up in USD.

This post has been edited by iampokemon: Feb 9 2012, 04:10 PM

Note: Payments can't be made in Malaysian Ringgit unless the seller and buyer are both located in Malaysia - you'll need to use a different currency with one of your other available payment methods for this transaction.

what is this? I saw this when I tried to use paypal to do payment today. I never had any problem using paypal before this.

This post has been edited by leowjc: Feb 10 2012, 08:15 PM

On ebay purchases that is true. Top up sucks, and CC link using bank rates is better.
In cases where you are sending money to people whom you trust overseas, via the gift method, then topup method is cheaper. Paying for gifts via your balance, you can save on the paypal fees.
But certainly one of the rare cases.

Check if you have sufficient balance or not. If pay in USD then balance should be in USD also. Not MYR..