Withdrawing Your Paypal Fund?
Posted on July 1, 2007
Filed Under News, Paypal |
It really hard when you live in country which you cannot withdraw you paypal fund. It more suck if your country not even listed to receive or to withdraw the fund. I live in Malaysia. I can receive paypal money but we cannot withdraw it to our local bank. We need a US bank account to withdraw our money from Paypal.
There are a lot of paid or free guide on how to withdraw you money from Paypal. Some said using E*Trade and some of them using a Debit Card. Today i just read a free abook that say we can open US Bank account using HSBC. There HSBC here. I will go and ask them either it true or not they allow foreigner to open HSBC US bank account or not.
It they allow it. I will open one. There are no use when you got the money but you can use it. I need to make them liquid. Our currency now become higher and higher. From RM3.8 =USD1 and now its about RM3.4=USD1. It will be a lot of differences when you convert it. 2 years ago with USD100 i can get about RM380. Now i just can get RM340 or less.
This show you how currency can reduce your money. If i can withdraw my money it will be different. Liquidity of my money will be also different. Do not your Paypal fund too long on your account. If you find the way to withdraw it, do it. You don’t know what would happened in the future. Paypal may freeze you account with if they feel you broke their TOS.
You must prepare for the worse. Like people said “Prepare the umbrella before the rain”. It can protect your money.
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7 Responses to “Withdrawing Your Paypal Fund?”
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good info bro and now we have many solution to solve that paypal problem for Malaysian people…thanks
hi ,
i didn’t know until i read about it on your blog nice content.
hi ,
i didn’t know until i read about it on your blog nice content.Maybe you should publish your own e-book and sell it bro.
I had no idea about this either. I’m sure a lot of foreigners will be very interested in your advice. As the guy above says, you might consider an eBook product telling people how they can get their money fast.
HSBC only give permission to those who give good reason to get their US account.You need to emails HSBC US and they will ask you some question.If they satisfied with you answer, they post the document that you need and you can go to nearest HSBC to open your account.
Well, Paypal fund withdrawal issues have been lingering around for quite some time now and most Malaysians are still talking about it… seeking for the best (and cheapest?) ultimatum to all the frills.
How I wish I have brothers/sisters in the US and register a bank account using their names instead. Then Paypal issue will be no more!
For now, I just dispose my Paypal funds using 3rd party buyer. I get less, but that’s the most convenient at the moment..
Last weeek, i went to HSBC..They can open US Bank account if they get the letter from HSBC US..
It’s same with me Tazilan.. I got my fix buyer that need more than usd2000 per month for their ebay business..
We may got less but it better than got nothing..We also can use Paypal to shop.That’s the other option.
I alway using to shop at ebay..I buy camera,software(original)& etc.For the software,it’s cheaper than buying here.