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