I see, no wonder my purchases (all in USD) didn't use a single cent of this RM10. thank you!

The 2.9% + $0.30 fee is MY-US or MY-MY? Or, all the same? Any country to any country, same fee still applies which is 2.9% + $0.30? Is that it? What's exchange rate then? In details, it writes $1=RM3.40, while current exchange rate should be $1=RM3.28. Is this additional? Is there any exchange rate for local transfer? Say, MY-MY or US-US?

Added: According to your calculation, she should have got $373.53 right? But she said she only received $369.68. Where did the money goo

This post has been edited by SyathibiyMegat: Mar 16 2014, 09:34 PM

just got a confirmation from a friend working in paypal.. IDR is not introduced yet in indonesia..
best option is USD , and not MYR as well..

haha... you're welcome.. go buy movie tickets so that your RM10 won't get stuck there =P


every country has diff rates.. no doubt some country has same rates..
they used to have table for the rates.. now can't see them anymore..

the rates should follow the recipient currency.
MYR - MYR = 3.4% + RM2 .. which is kinda expensive i would say.. i lose a lot receiving money in MYR..

ask ur recipient to check on her transaction details... sould indicate the charges taken by paypal..
as for exchange rates... normally, you have the options to follow Paypal exchange rates or your own bank rates... depending on banks and also the card that you use...
the options... sometimes lower sometimes higher... i use public bank card.. so it's forex rates + 1.25%

I did a different calculation, and it matched. The fee should be 3.9% + $0.3. That's why she got that. But why ar? On PayPal site it shows like you showed to me, 2.9% + $0.3

But the exchange rate is totally sucks

hmm.. thats odd... cos i know the highest % is for JPY at 3.6%
something might have change some where..
3.9% is really high...
mind if i ask what card you using?

maybe these might help

http://usa.visa.com/personal/card-benefits...-calculator.jsp
https://www.mastercard.com/global/currencyc...sion/index.html

Local Banks
- Maybank VISA/MasterCard : 1%
- Maybank American Express with Maybank logo on top : 2.5%
- American Express : 0.5% + 2.5%
- CIMB Bank : 1%
- Public Bank : 1.25%
- RHB Bank :
- AmBank :
- Hong Leong Bank VISA/MasterCard: 1%
- EON Bank : 1%
- Affin Bank :
- Alliance : 1%

Foreign Banks
- HSBC : 1.25%
- OCBC bank : 1%
- Standard Chartered : 1%
- UOB Bank : 1%
- Citibank : 1%

This post has been edited by melz84: Mar 16 2014, 11:43 PM

Maybank debit card, the cherry one. If 1%, I also will be very happy. Haha

But when I asked in /k, they also said 3.9, bro. Don't know where they get it

Added: Now I know where they got it. Here:




This post has been edited by SyathibiyMegat: Mar 17 2014, 07:12 PM

Hi guys, i got a question... I bought stuff from qoo10 but the item never arrive and seller refund me 21.90, but paypal charge me 10.90 for fees. Is that normal ?? Thought seller should be bearing the fee...

This post has been edited by jaswwp: Mar 20 2014, 12:18 PM

goshh.. u got a link for that? i couldn't find that page >.<

shouldn't be... receiving charge is not even that high..
plus.. in paypal for a period of time, seller will get an option to click on Refund.
recipient shouldn't be charged..

i suggest you raise a ticket with paypal. get their clarification.

I called up paypal but they told me the fee is normal. I cant belive its that high either. I think i will call again

malaysia receiving fees is 3.4% + RM2 only...

sorry.. forgot to ask you what's the transaction currency ?

if USD it's 2.9% + 0.30USD

Transaction currency I forgot is USD or ringgit actually. if USD 3.4% + RM2 is paid on the receiver side?
Anyway I called paypal up again . this time a different person picked the call and he said its not a receiving fee after all but some money was refunded to my card and some to my paypal balance. So the first helpdesk person gave me the wrong info

umm..

to receive MYR it's 3.4% + RM2
USD 2.9 + 0.30cents USD

hmm. so, in other words.. u have some funds in paypal and paid balance from your card for your purchase yea?
hehe.. good to know..

however, checked the refund balance in your card.. you might not get back the same amount if forex conversion is involved... you might gain or lose... but USD.. LOL.. sudah naik.. maybe gain a lil.. =P

haha.. guess what? you might be speaking to a malaysian customer service earlier =)

Here: https://cms.paypal.com/ch/cgi-bin/marketing...&locale.x=en_US

Btw, how to change from payment fully funded by debit card to payment fully funded by bank acc? Can help me? That's a major difference, from 3.9% + $0.3 to 1% only

Yup correct, its due to I had funds in paypal, thats y this confusion happened and the paypal cust service also confused and gave wrong info.

For those have a lot of MYR in paypal and want to convert into US, they should able to withdraw it back into debit card/ bank account. When buy thing that charge US, it will deduct back from there.

[SCAM ALERT] Just received this email, googled it and found this thread.

On 2 Apr 2014, at 12:10 pm, Marcus Lim Hui <marcusimhui@gmail.com> wrote:

Hi! I'm living in the UK with my family and my mobile is +4470863819493. please at what condition are the lenses? i need to know if the present condition is still intact because i am buying both for my grandson as birthday present.

Awaits your response,
Regards

appreciate if anyone could advise me on this.
i have a paypal account with 2 currencies (MYR & AUD).
i want to withdraw it all into my maybank account
the MYR balance is very little. is there any way for me to combine the amount in both currencies into MYR & then deposit into mbb?

sorry, i'm new to paypal

unfortunately you can't combine them..
if it's a small amount like <50MYR.. probably use it to buy movie tickets instead

do check the fees charged for withdrawal

it's actually RM 5 what can i do with that? plus I don't want to link it to my CC.
btw, how long does it take to transfer into a local MBB account? it says 3working days but is it faster/slower than that?

Withdraw to your bank account
Banks in Malaysia
2-3 Business Days popup Free
If RM400.00 MYR or more is withdrawn

RM3.00 MYR
If less than RM400.00 MYR is withdrawn
Banks in the U.S.
3-4 Business Days popup Free for banks in the U.S.
Withdraw funds to your card 5-7 Business Days popup RM20.00 MYR

lol.. i think if i'm you.. i rather not withdraw at all..
u only get back RM2 hahaha...

i would understand the reason why you don't wanna link your CC... my CC kena fraud few times ady..
well.. if you really wanna make use of that RM5 in your account and if you got CIMB account.
go create KWIK account without physical card.. verify the card on PP.. then u get back your money.. then use it to buy movie tix =P