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 Paypal to Malaysia account, how to transfer funds?? To maybank..

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blade825
post Jan 23 2008, 03:03 AM

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ok basically this is what u need if u want 2 use paypal ok.
1. credit card / debit ( easy to make no hassle , AL-Rajhi is free / PB is excellent or go get Ammbank Can be done within 1-2 weeks.) / virtual credit card ( i wont advice the vcc coz if u become a major paypal user. they will ask for ur proof of bill and address from time to time. when they do that . they normally limit ur account. )

2. Register your account with your real information. Take extra care , get your name the same as your credit card. if it isnt ur screwed. Then also make sure same address as your CC billing address or debit card billing address.

3. Once registered add your debit/credit/vcc and paypal will charge u 1.95 usd which they will refund by giving u as paypal credit. Once charged , wait a few days check online your debit/credit/vcc & it will show the transaction record with a special 4 digit number. Input the 4 digit number and you are confirmed as a verified member.

4. Malaysian Banking system does not recognise paypal. So no banks support paypal .

5. To withdraw money in malaysia. You can only withdraw to your debit/credit Visa card. VCC card cannot coz it expires after some time of use lar... The limit is 500usd a day. To withdraw click on withdraw and you will get an option to withdraw to your debit/credit.

6. Becareful about getting Premium or Personal account. If you are doing a high volume trade / business so u receive a lot of payment from ppl especially with credit card. Get it. If not just stick to Personal account. The reason is very simple. With a premium account.You get charged a certain sum for any payment you receive to you paypal account. Whether is it Paypal Funds or CC. But with a personal account , you only get charged for CC payments and you can only receive it 5 times. Also if i am not mistaken CC payments they charge a high 5% interest rate.

Alternatively if you are damn free.... Go to Singapore open a bank account. Make a debit card for it. Its around 1000sgd to open an account. Then Make a Singapore Paypal address. You need a Singapore address. Go rent a Mail box. SIngapore post office has the service & you can withdraw direct to your bank account . No withdrawal limitation. Anything above 199sgd you wont get any charged. But you can only withdraw in SGD and Paypal gives you a crap exchange rate. The exchange rate for the week is 1 usd = 1.40sgd

Hope this helps
blade825
post Jan 23 2008, 03:04 PM

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From: Kuala Lumpur


aiyarr is no issue ... ok . You just message paypal . Tell them Terry Soh bought stuff from you ok. Contact TerrySoh . Anyways , contact him on his side and find out. Dont worry its just standard paypal procedure. When a paypal account has a lot of transactions. Normally paypal will limit the account and the people he traded with until they get further information. Normally is like address verification or credit card verification. It just takes a few days to sort out.

So what u need to do now is get a debit card. PB debit card and Ambank debit card confirm can work with no problems. Just get that and get the paypal account verified

This post has been edited by blade825: Jan 23 2008, 03:10 PM
blade825
post Jan 23 2008, 03:18 PM

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From: Kuala Lumpur


you dont need to fax. you scan and can upload. Oh btw yeah you better do that. Or you are not getting your account back. The reason is simple. Too many fraudsters around lar.. thast why
blade825
post Jan 23 2008, 03:52 PM

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hahah yeah i know terry soh in real life tongue.gif he is no scammer. It`s just paypal`s beaucracy. Get the Ambank debit card. Can buy in 7-11. The fastest. Their one you can scan and fax them the form. And will be all done within 1-2 weeks. Pb a lil slow like a month or more i think.
blade825
post Jan 24 2008, 12:04 AM

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From: Kuala Lumpur


no no teh card for u . Tomorow you go and send teh form and the ic copy.
Make sure its clear. this is what i did. Do 1 scan for it then do another enlarged bloated up scan for the ic as well. So send them one copy normal size and one more bigger size so can be more legible
blade825
post Jan 24 2008, 09:45 AM

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From: Kuala Lumpur


err the card arr ... honestly no idea lar... i have the card but i dont use it. needed it urgently to verify one of my paypal accounts. so made it. Ammbank is fast 2 get the card working. But pb much better haha. somemore pb is visa so i can withdraw from paypal. but they charge 5usd per withdrawal

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