paypal in malaysia is useless ...

local account - can use MYR only ... and when pay, can pay merchants in MYR (local merchants only lar) ... vice versa (if you seller registered in malaysia, can only receive MYR)

if want to transact with foreign currency with receiver having paypal account - can just use your cc (or debit card now) without registering for an account

pretty much useless lar that account ...

paypal for safety only ... in case any shit happens, then can ask paypal to reverse transaction

but then, for you to pay in paypal, the seller must have paypal account ... and seller paypal account fee is abit high, charge % commission for every sale ... (most small time sellers rather not have this and stick to normal IBG)

because the money is still with paypal, if that fella (scammer wants to withdraw) he got to instruct paypal to deposit to his registered bank acc only he can withdraw

for banks, if you deposit cash, that fella can immediately withdraw d ...

IBG ... interbank GIRO / IBFT ... 0.11 sens (PBB currently free    )
instant RENTAS - 0.53 (PBB currently free      )

Once you key in your debit card and PayPal ask you wait for the code 4 digit from debit card, should be wait around 3-7 days and then check with ur online e-statement and see wether it is charged on Rm1. If I am not wrong.
Once you get the code and keyin into ur PayPal account for activation.

Follow Below Steps
1)      For who is using Maybank Visa Debit ATM Card.

2)      I can confirm you can completes it this within 24 hours.

3)      You can use anyone credit card or debit card, it’s no need to be own card use for Paypal.

4)      Login to www.paypal.com with your Paypal account with your Email & Password.

5)      Click on My Account tab, and select Profile and Add/Edit Credit or Debit Card.

6)      Edit your details of your Maybank Visa Debit Card and make sure the address is exactly the same as your billing address.
7)      You will get a Verification Email through Paypal saying that you have successfully linked your card to Paypal acccount. And now all you have to do is waiting for the code from Maybank2u Description. Wait about ONE DAY before doing the following steps*
8)      Login to your Maybank2u.com and click on Accounts & Banking, then click on your Account number for your Account Details.

9)      Click on Debit Card History and you will saw an entry with the word “PAYPAL”. The code is the 4 numbers before the word PAYPAL.

Eg: PREAUTH SALE 4911PAYPAL-*EXPUSE DATED 19May2012
Paypal Code : 4911

10)  **If you check your account for details of the transaction too early, you might not see the code appear or would not be able to get the code.

11)  Log in www.paypal.com and click on Profile, then Add/Edit Credit or Debit Card.

12)  Click on Enter PAYPAL Code and enter the code you obtained in Step Nine.
Successfully!
And now you have successfully linked your Maybank Visa Debit Card to your Paypal. You will get the refund of USD1.95 to your Paypal account.

*::* NOTES *::*

* If you have problems linking your card, check to make sure that you checked the details of the card is all correctly. Especially the Billing Address. If all else fails, you have to call Maybank customer service.