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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