Due to large amount of fraud from malaysia about a year ago back.. Personally I'm using a singaporean bank

Enquiry to HSBC@Singapore regarding opening an account (I'm using DBS btw)
HSBC Singapore's reply :

Thank you for your email to HSBC.

The SGD Statement Savings Account (SSV) is a Savings Account.
The initial deposit required is SGD500.00 and there would be a monthly
service charge of SGD2.00 if the monthly average balance falls below SGD
2,000. Customers will be issued with global access ATM card

Interest Rates:
First S$ 2,000 0.125%
Next S$47,999 0.125%
Next S$50k and above 0.250%

All applications are subject to the Bank's approval and are processed upon
FULL submission. You can visit any HSBC Branches in your country to have
the documents authenticated and verified by the staff. The following
documents are required to apply for a personal account at HSBC Singapore:

1. 2 copies of the biographic pages of your passport duly authenticated AND
verified by a HSBC staff
2. completed account opening form
3. completed signature cards
4. completed account mandate (applicable to joint accounts)
5. Proof of Address
We require any one of the following documents for proof of your address:
-NRIC for Singaporeans
-Identity Cards which are issued to foreigners by their home country.
-Passports where addresses are indicated by the Immigration Authorities
-Utility Bills
-Account statements e.g. Credit card or bank statement or banker's
reference
-Work permit if the resident address is declared on it
-Driving licence
-Letter from employer confirming address
-Tenancy Agreement
-Group Introduction Form (for existing customers)

The rates quoted are for indication and subject to change. HSBC Singapore
offers all personal accounts with a debit card, and the convenience of
telephone and internet banking services.

Overseas withdrawals are charged at SGD3.50 from a HSBC ATM and SGD8.00
from a PLUS system designated ATM per transaction. The cash dispensed
will be in the local currency of the country withdrawn at.

Debit cards will not be issued independantly and have to be issued with a
savings/current account. I have enclosed an application for your perusal.

Should you have other enquiries, please call our 24hour Customer Service
Hotline at 1800 HSBC NOW (4722 669) (Singapore) or on CALL COLLECT at (65)
6472 2669 (overseas). We will be glad to assist you.

Ah yes, You'd have to register a new paypal account to use PP@Singapore. I use 2 paypal accounts, PP@Singapore for withdrawal and PP@Malaysia for transactions. Why? My PP@Malaysia has higher ratings

Here's a quick alternative, https://www.virtualmoneyinc.com/index.jsf

For $29.95 you can open up a US bank account with an ATM card that'll let you do local withdrawals. Rates aren't too cheap though, so I'd only advise this if you're gonna withdraw in large amounts (They charge per transaction).

Offtopic:
I no longer earn enough paypal to support my monthly spending T.T, so if anyone interested to sell me a fixed amount per month, that'd be great

I'm a certified buyer , but I only buy from sellers that have either a successful trade list or have dealt in paypal before.

It takes a few days for it to get through, just be patient

My HSBC card took up till 2 days to appear in my e-statement

Some banks don't like online transactions, I forgot which one of my CC cannot be used for online purchases either

Can if you have linked your NexG to your paypal account. You'd have to pay a surcharge on conversion though.

Either a verified paypal or an account linked with a credit card

You're screwed. This is what's known as the dreaded paypal freeze. You'll have to work out the issue with paypal but 9/10 cases are not resolved (they are greedy money loving b*stards). Good luck anyway

@C_w_sam
Yes, its possible. I do it rather frequently since 3.3 exchange rate is far more favorable than 3.5. Just make sure you have enough funds in your account and also in the proper currency

Yes you can but your previous amount is screwed.

Btw, take premier if you're gonna be buying a lot of paypal. Personal maybe cheaper but premiers is 'allowed' to accept large amounts of payments, personal may be frozen

Premier has a charge when receiving payments

Next time use a premier account if you are going to buy/sell a lot

Do remember to sign up as a Singaporean paypal member or else you can't add Singaporean Banks to your paypal account. Currently using HSBC Singapore

A few years back, Msia/Indo considered 2 of the worst credit card scammers in the world, always order product and cancel payment.. not to mention 'stolen' credit cards like cashiers etc etc

Also, a significant percentage of script kiddie attacks also originate from Msia which leads to msia being blacklisted by some merchants and paypal. A prime example now would be silenceisdefeat.org ( a free shell service) who has totally blocked of Malaysian IPs

I believe a summarized version would be helpful, maybe after I get back from my trip I'll do one

I'll be back the day after but I don't think I can ensure the thread will be pinned either, but at the very least it would be a good resource for others to see.

@SpaceOP
There's really not much you can do regarding Limited access except wait for paypal to finish its 'investigations'. You may be interested to know that paypal recent lost a few lawsuits to people with Limited Access accounts and had to pay a substantial amount.


By the way, before everyone jumps on the paypal wagon, please keep these facts in mind.

1. According to PayPal accepting their ToS (Terms of Service) in effect means you waive your rights to credit card consumer protection laws if you want to use their service, and that you may not issue a chargeback for unauthorized use of your credit card and PayPal account, or if you do, then they have the right to limit your account.

2. Their terms of service are not completely disclosed upon signup and some key "conditions" are not disclosed. They fail to mention their total lack of security to prevent your account from being compromised by phishing & spoof sites. That if your account is accessed by a criminal using one of these methods, PayPal will hold YOU monetarily & legally responsible! Also, no place do they openly tell potential members that their money is 100% at risk. That PayPal can, will, and has in the past, completely cleaned out customers' accounts, (including your checking or savings account) with no appeals process available. Instead they bury in the fine print of 37 pages of their "Terms of Service" (ToS) where they disclose to you that PayPal can close your account for any reason what-so-ever, or no reason, and then you have to wait 180 days to get your money.

4. If PayPal feels your actions are questionable, PayPal is the investigator, judge, jury and executioner. "Telling your side" of what happened, in most cases seems to be irrelevant. They also refuse to provide you with the details of their investigation and withhold documents they relied upon to make their decisions. Your only contact will be an email that says:

Thank you for contacting PayPal. We apologize for the delay in responding to your service request.

After review, the decision has been made to keep your account locked. This decision cannot be appealed.

If you have any further questions, please reply to this email.

That will be the end of it as far as PayPal is concerned. You can email back, but you'll just get more of the same. Oh yea, and you'll have to wait 180 days to get your money.

5. If you are a bona fide, up-standing individual with hundreds of successful transactions, but someone pays you with a stolen credit card, your account (by PayPal's own admission) is immediately flagged as being "criminal behavior" and any money in that account is confiscated. If a customer "disputes" the charge, same thing happens. (See email above.) PayPal claims that they will fight chargebacks, but read this before you fall for that one.

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Added on May 1, 2007, 12:34 pmReally offtopic here but Melz has been around LYN a year longer than me

This post has been edited by Diligent Sloth: May 1 2007, 12:34 PM

Nope, wasn't me... I don't use cfos mainly because

1. I'm multihomed
2. I've got more than 3 PC's sharing the connections
3. Cfos does not play nice in networked environments