Now Malaysian Can Withdraw Paypal Funds To Visa/Mastercard Debit Card
While I was checking my paypal account balance, I figure out that I can transfer my funds to my PB Visa Debit card, the exactly card that I using to verify my Paypal account before.
From what I’m observing, there was a limit $500 per day withdrawal. And the minimum amount for USD currency were $ 10. You will be charge for $ 5 for one transaction. This news was so great and really helpfull. Now I will save more money in due to sell my paypal funds. You can withdraw your money in 5 to 7 days after you make the withdraw.
After Google Adsense bring us a good news with the ease, now Paypal also bring the same good news. I hope they will be more to come after this.
Update: There was a slight update for this post. Go to Sabahan for the update.
12 Responses to “Now Malaysian Can Withdraw Paypal Funds To Visa/Mastercard Debit Card”
By megat on Oct 1, 2007 | Reply
mcm mana aku nk dptkan debit card tu erk!? jap lg register paypal lak
By alpha on Oct 1, 2007 | Reply
Megat boleh pegi kat mana-mana cawangan public bank dan daftar untuk pakai PB debit card diorang. Masa nak ambik card, diorang akan charge yuran tahunan RM 24.Tu je bayarannya.
By Lorna on Oct 5, 2007 | Reply
My Citibank VISA CC works! I got the funds into my CC after just 4 days! So happy! I blogged about it, check out my site.
By eNVii on Oct 5, 2007 | Reply
hi alpha, did the ‘Withdrawing Funds’ from PayPal go through using the PB Visa Electron Debit Card?
Does it cost anything withdrawing MYR from PB ATMs? Thanks for all the tips!
By alpha on Oct 6, 2007 | Reply
Onli Visa card can be accepted.Debit or credit card. They are no charge.Only deducted by Paypal when you transfer your funds to PB Visa Electron.
By eNVii on Oct 6, 2007 | Reply
So it has been done successfully?
Cool.
Do they give an acceptable FX rate?
I think its USD 1 = MYR 3.41 currently.
By alpha on Oct 6, 2007 | Reply
The rates are fluctuate everyday. And for mine yesterday is RM 3.45 for $1.
By eNVii on Oct 6, 2007 | Reply
So the whole process is;
(1)Withdraw USDxxx (e.g 100) from PayPal Account to PB Visa Debit Electron
(2)PayPal deducts USD5 from PayPal account per withdrawal
(3)USD100 credited into PB Visa Debit Electron
(4)Withdraw the credited amount in MYR at PB ATM (e.g if FX=3.45; MYR345)
Am I correct?
There are no other fees right?
By alpha on Oct 6, 2007 | Reply
Like this. you want to transfer $100 to your PB Visa Debit Card. The transfer amount $ 100 will be deducted for $ 5 per withdrawal. So,the only amount you can get is $ 95.
According to this day, Rm 3.31 = $1.
So, probably $95= RM 314.45. The only card that been transfered successfully are Al Rajhi Visa, PB Electron Visa and Citibank Visa.
By eNVii on Oct 6, 2007 | Reply
Thanks alpha, you’ve been very helpful.
Is that the actual you got for your withdrawal today; UDS1=MYR3.31?
By Steven Wong on Oct 16, 2007 | Reply
Hello Ahamd,
I have spent sometimes (in fact more than 3 hours) just complied the list from varies bloggers experiences on PayPal withdrawal.
The summary list will be able to help you and your readers know the big picture on which are the cards able to withdraw PayPal fund.
Please let me know if any updates you like to contribute and I hope you will be benefits it.
Check out the full post from my blog (click on my name above).
Thank you.