Sell More Online

Icon

How to link PayPal to Malaysia Bank Account?

Latest Breaking news! Here’s the latest update on PayPal Supporting Malaysian Ringgit (MYR), now, the final piece of the puzzle is finally completed. You can officially link up your PayPal Account (Start selling online now) to a Malaysia Banks (or Overseas banks operating in Malaysia, basically via the MEPS network).

paypal-candy-bar

Step 1 – Login to your PayPal Account, Go to Profile > Add / Edit Bank Account

paypal-malaysianbank-step0

Step 2 – Fill in the account details.  If you are not sure about the Bank Name and the MEPS bank routing code (aka SWIFT code, a special code required when you do Telegraphic Transfer), just click on the details link. Seems like there are 21 banks on the list. (Including Bank of America !? never know BOA have a  Malaysia branch)

paypal-malaysianbank-step1Step 3 – Confirm the details and you are done!
paypal-malaysianbank-step2

paypal-malaysianbank-step3

Step 4 – You will receive an email notification on PayPal too upon successful update.

paypal-malaysianbank-step4

Malaysia Bank Routing Code (also known as SWIFT Code)
==========================================
Here are the bank numbers for some of the major banks in Malaysia.
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

Around the blogosphere

Fund Paypal Kini Boleh Di Keluarkan Ke Bank Tempatan

Trosworld: Withdraw Paypal funds to your Malaysia Bank Account

Keluarkan Duit PayPal anda ke BANK MALAYSIA

btn-paypal-signup


Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks

Post to Twitter Tweet This Post

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Category: E-commerce News, Online Payment Gateway, PayPal

Tagged:

76 Responses

  1. zuelhuzz says:

    can I use funds from the Malaysia bank and transfer them to my Paypal account???

  2. ferdy says:

    thanks for the good info.. now i can transfer my fund to malaysia :)

  3. fatin says:

    alahai, kalau nak transfer in jer ker jadik..

    transfer out ke paypal menerusi bank kita x bleh ker?

  4. [...] 1. How to link your PayPal account to your Local Bank. [...]

  5. mheidzir says:

    you sir, well done with this post

  6. Sally says:

    zuelhuzz and fatin, tak boleh. :)

    fatin, dah kira sangat bagus dah PayPal akhirnya benarkan orang Malaysia keluarkan duit PayPal diorang terus ke dalam akaun bank tempatan diorang kat Malaysia ni tau.

    Tapi harap-harap, esok lusa tulat ke, kita boleh buat 3rd party transfer ke PayPal. ;)

  7. shahrul says:

    apakah alamat e-mail paypal untuk di isi apabila kita mendaftar di mana2 PTC

  8. admin says:

    hi shahrul, what is PTC? If you sign up a personal account, just use any of your personal email. But if you sign up a premier or business account for your online store etc to take online payment, try register it with a company or website domain, eg paypal@yourwebstore.com, payment@yourwebstore.com etc.

  9. rezdwan says:

    can i ask something…….boleh tak kalau kita pakai debit card yang diverifykan dgn maybank utk curchasing online???

  10. rezdwan says:

    silap2….debitcard yang diverifykan dgn pay pal……hehehe

  11. admin says:

    hi rezdwan, to shop online using the debit card (i assume you are using Maybank Visa Debit card), 1stly, you will need to register your card on maybank2u – they call it MSOS – Maybank Secure Online Shopping. (Google for “Maybank MSOS”).

    Remember, Maybank is the issuing bank for your card, whether it can used for online purchase or not, it has nothing to do with PayPal. :)

  12. wai says:

    Halo all..i m new user for paypal.

    May i know should i sign up the paypal account as stated above if i want to purchase product from UK’s Ebay? Can paypal like to our saving account?

    FYI, i am from KL Malaysia.

    Thanks

  13. [...] mudah bagaimana membuat pengeluaran paypal ke bank-bank tempatan disini. Apa lagi? tiada halangan untuk peniaga online menerima bayaran melalui paypal atau kad [...]

  14. GiLli says:

    nak tanya..camana nk change surname weh ?

  15. admin says:

    hi wai, just sign up PayPal Account following this link. Get your credit / debit card ready for verification.

    If you are using Maybank Debit Card, sign up for MSOS (Google for Maybank + MSOS) before you can use it for PayPal verification.

    PayPal can link to your saving account, see the bank list above? You can do transfer of money from your PayPal balance to your account, but you cannot transfer your bank account to PayPal.

    Gilili, what surname you want to change?

  16. atam says:

    help me!!cmne nk buat account paypal??nk kne ade account bank mne??cmne step2 nk ade account paypal..pls guys..help me..:)

  17. Suki says:

    I’m new as wai too.

    Refers to your explaination above, if we can’t transfer money in our bank acct to Paypal, then in what condition our PayPal acct will have money for us to transfer to our bank acct?

  18. Dyla says:

    How much is the total charge if I want to transfer the money from Paypal to Maybank when im staying in UK now?

  19. FK Hew says:

    how to get the 4 digit of security number to comfirm the bank account??

  20. Fr. says:

    cam ner nak ada paypal, kene ada card credit ke?

  21. Fr. says:

    help me please,
    tq.

  22. Dimitri says:

    Hi,

    I’ve just checked the terms and conditions, and Malaysia does not have that sign next to the country name that means it is a withdrawal country ?

    https://cms.paypal.com/my/cgi-bin/?&cmd=_render-content&content_ID=ua/UserAgreement_full&locale.x=en_US

    ?

    thanks

  23. admin says:

    hi suki: to have money in Paypal, either someone send you the money (personal fund transfer) or you sell something online (like using our webShaper Stores to setup your own branded online store and sell merchandize online) and taking payment using PayPal Premier or Business Account.

    hi dyla: refer the FAQs below for the charges:
    http://www.paypal-apac.com/my/launch/

    hi fr: you have a debit card? can be used too. Public Bank Visa Electron, Maybank Debit Card (must enable MSOS, google for it), Tune Visa Prepaid card? These are more popular choices.

    hi fk hew: Easy, once you verify it with PayPal, check back on your credit card statement (online) 2 or 3 days later. the code will appear on the statement. see below eg:
    http://sites.google.com/site/jomarhilario/paypal_creditcard_confirmation_code-full.jpg

    hi dimitri: sharp eye! they should have put the sign next to Malaysia. Maybe it’s not updated yet. But heck, i’m sure you can do the transfer. again, refer to the link above on my reply to Dyla.

  24. MUNIR says:

    hi there,
    i’m new here just to ask if my company would like to open a paypal account and link to our bank account how should we go about it? thanks

  25. admin says:

    hi munir, 1st, sign up a PayPal business account from below link
    https://www.paypal.com/row/mrb/pal=8ERSHZRE72NT8

    2ndly, just read the guide on this post (above) :)

    Want to learn more on how PayPal + webShaper Stores could help you sell internationally and grow your business, check out
    http://www.webshaper.com.my/learn/paypal.php

Leave a Reply