I’m not sure how long it was implemented, but Paypal now allows you withdraw Paypal funds to Malaysian bank accounts.
In a previous post, I wrote how for me to withdraw my Paypal funds, I needed to register for an Al Rajhi Debit Card to receive Paypal funds as Paypal did not send money directly into Malaysian bank account.
But I’ve recently found out that it seems that they have lifted this rule and are now able to send Paypal funds to Malaysian bank accounts.
In fact if you withdraw more than RM400 at one time, it’s free to withdraw. Less than RM400 is a service fee of RM3.
Refer to the table below for more info:
Or if you’re within you Paypal control panel, click on the ‘Withdraw’ link and you’ll be sent to the same page as seen above.
It’s good to know that Paypal has opened up more of its services to the Malaysian market place, making it easier for those of us who charge and receive money with Paypal to get those funds into our banks.
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