Malaysia PayPal Users Can Now Add Local Bank Accounts

My better half told me yesterday that we can now add our local bank accounts in PayPal. It was too good to be true so I decided to check. I went to check my PayPal emails first just in case I missed an announcement. However, I don’t see any. It’s kinda weird that when a new language is available PayPal sends us an email but not for something as important as this?

▼ A d v e r t i s e m e n t

Oh well, not a big deal. I am all hyped with this new ability, and am already thinking of ditching my Al-Rajhi account (debit card account used for withdrawals).

Adding a bank account is very easy. On your “My Account” page, click on “Profile” which will reveal a drop down where you select “Add/Edit Bank Account”.

malaysia-paypal-step0

Next, you just enter your details:

Details

Don’t put in the wrong routing code. Always double check. This routing code is also sometimes referred to as the SWIFT code. I am amazed on the considerably long list.

malaysia-paypal-bank-routing-code

And that’s it. The next thing you will see is that it’s listed in your bank account page:

malaysia-paypal-done

Please, be sure that you entered the correct bank name, account number, and routing code. As the fee list suggests, you will be charged RM15 for every rejected transaction:

malaysia-paypal-fees

You’ll be charged RM3.00 for amounts less than RM400, free otherwise. I think it does not get any clearer than this.

Enjoy your new ability! It does not involve in eating brains this time.

0 Shares