The PayPal withdrawl that I mentioned in an earlier post finally managed to get through to my account. PayPal took USD5 as a transaction fee and then 2 transactions of RM1 from my Al Rajhi account. The staff at the bank told me that this was a verification charge.

All in all, my withdrawl of USD 208.66 from PayPal returned me RM720.54. Which gives an exchange rate of 1USD to RM3.45 which is a bit lower than the current rate of RM3.51 to USD1.

So all in all not bad. Now I just need to increase PayPal income, it seems to be the most convenient way to get foreign currency to your local account. Cashing a cheque takes much longer and also has much higher clearing fees.