Sunday, December 20, 2009

Transfer PayPal money to Malaysia local bank account.

PayPal has update their service by allowing money in PayPal account to be transfered to Malaysia bank account. This is great news to Malaysian fellow who has their sales or money making program that pays through PayPal.

The transfer process is very easy after a few quick and easy setup in your PayPal account.

Here's how I setup my bank account in PayPal

Setup bank account
- Log in to PayPal account. Click on My Account, Choose Profile and click on Add/Edit Bank Account.
- Then click the Add button

- On the next screen, enter your name, Bank Name, MEPS Bank Routing Code (Bank Swift Code) and your account number.

- Click Continue to the confirmation page and complete the bank setting.
(Click the Detail link to check bank name and MEPS Bank Routing Code or scroll down this post for the code table)

Withdraw the money

- Click on My Account and choose Withdraw

- On the Withdraw Fund screen, Choose Withdraw to your bank account.
- Enter amount you want to withdraw. Click continue to confirmation page and complete the process.

Now, all you have to do is wait for your money. It should be in your account within 2-4 days.


MEPS Bank Routing Code Table

Bank Name MEPS Bank Routing Code
AFFIN BANK BERHAD PHBMMYKL
ALLIANCE BANK MALAYSIA BERHAD MFBBMYKL
AMBANK BERHAD ARBKMYKL
BANK ISLAM MALAYSIA BERHAD BIMBMYKL
BANK KERJASAMA RAKYAT BERHAD BKRMMYK1
BANK MUAMALAT BERHAD BMMBMYKL
BANK OF AMERICA BOFAMY2X
BANK SIMPANAN NASIONAL BSNAMYK1
CIMB BANK BERHAD CIBBMYKL
CITIBANK BERHAD CITIMYKL
DEUSTCHE BANK DEUTMYKL
EON BANK BERHAD EOBBMYKL
HONG LEONG BANK BERHAD HLBBMYKL
HSBC BANK MALAYSIA BERHAD HBMBMYKL
MALAYAN BANKING BERHAD MBBEMYKL
OCBC BANK (M) BERHAD OCBCMYKL
PUBLIC BANK BERHAD PBBEMYKL
RHB BANK BERHAD RHBBMYKL
STANDARD CHARTERED BANK MSIA BHD SCBLMYKX
THE ROYAL BANK OF SCOTLAND BERHAD (RBS) ABNAMYKL
UNITED OVERSEAS BANK UOVBMYKL

3 comments:

Money Maniac said...

Thanks for the tips mate... & thanx for leaving a comment on my blog..

Happy blogging!!!

Ron said...

It's a nice informative blog for transfer money online.

Handsome Boy said...

Thanks for the blog loaded with so many information. Stopping by your blog helped me to get what I was looking for. paypal investment

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