Monday, January 18, 2010

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PayPal Includes Malaysian Banks

This is not new but I've been receiving several question regarding PayPal in Malaysia. Near the end of 2009, PayPal announced the expansion of its services in Malaysia with the introduction of support for payments in Malaysian ringgit and a new bank withdrawal feature that enables members to transfer money from their PayPal account directly to a Malaysian bank account.

Yes, now we can link our local bank with the PayPal account. As you can see from the snapshot below, taken from the PayPal site, Malaysia is now on the Send. Receive. Withdraw. category.

Meaning, now we can use local bank to receive and make payment via PayPal. allows PayPal transaction, thus you can now receive payment directly from your customer either via Credit Card or Direct Bank Transfer. Life is just getting easier huh.. :)

Here are the list of bank that has been PayPal enabled.
  1. Affin Bank Berhad
  2. Alliance Bank Malaysia Berhad
  3. AmBank Berhad
  4. Bank Islam Malaysia Berhad
  5. Bank Kerjasama Rakyat Berhad
  6. Bank Muamalat Berhad
  7. Bank Of America
  8. Bank Simpanan Nasional
  9. CIMB Bank Berhad
  10. CitiBank Berhad
  11. Deustche Bank
  12. EON Bank Berhad
  13. Hong Leong Bank Berhad
  14. HSBC Bank Malaysia Berhad
  15. Malayan Banking Berhad
  16. OCBC Bank (M) Berhad
  17. Public Bank Berhad
  18. RHB Bank Berhad
  19. Standard Chartered Bank Msia Bhd
  20. The Royal Bank Of Scotland Berhad (RBS)
  21. United Overseas Bank 
If you don't have PayPal account yet, register here.

Update:  How to add Malaysian bank in your PayPal account.


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