The moment that many Malaysian merchants have been waiting for - You can now withdraw/deposit your Paypal funds via Malaysian bank wire without having to go through all the tedious methods such as credit/debit card withdrawals (that only work on certain debit cards). It will cost you nothing (FREE) if you withdraw more than RM400, and a small fee of RM3 for withdrawals below that amount. You can get your money within 2-3 business days.
For those who do not wish to use this feature can still stick to credit card withdrawals. Withdrawal fees cost $5 per withdrawal and will approximately 5 to 7 business days to be completed. It would also have a minimum of USD $10(~RM 34) per transaction and a daily maximum withdrawal limit of USD $500 (~RM 1700). If you withdraw the maximum limit, the cost of withdrawal will go down to only 1% of the total amount. The easy 3-step process for withdrawal showed as below.
Paypal transfers will also be used as the default payment processor gateway for services around this site.
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