Hey guys, I want to transfer my paypal balance to my bank saving accounts.
But I got a few questions:
1. Currency conversion will be done at Paypal's side before going into bank OR conversion will be done at bank's side? (cimb and maybank said conversion done at their side, i asked this 2 only, later going to ask public bank)
2. If conversion is done at bank's side, paypal said withdrawal more than RM400 will have no fees, but I'm in USD currency, so is it 400USD or ~130USD(~RM400) ?

Means the conversion rate is Paypal's, not bank's ?
If so, can I check the rate?
Are you familiar with the latest system and sure about it?
I'm planning to withdraw today.

Why all banks said its converted at bank's side?
Bank will buy the USD so follow Forex - Buying TT.

I just called Paypal.

Withdrawal of funds from Paypal to bank account:
1. Currency conversion done by Paypal following their own exchange rate.

Now its only 3.14670...
Publicbank having 3.1920..

Today i created a public bank account because it has highest exchange rate compare to cimb and maybank.
But no use

Looking for alternative withdrawal method.

This post has been edited by zhuhang: Jul 29 2013, 05:59 PM

Sucks paypal.
But I couldn't find alternative earning method.

Any suggestion?

I heard google wallet closing end of 2013, so i gave up gwallet.

How about other paypal similar sites which are trusted?

This post has been edited by zhuhang: Jul 30 2013, 02:14 PM