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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).

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

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

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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






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

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212 Responses

  1. hamizah says:

    Hi! I’m interested to create Megaupload premium account, the problem is I don’t have any credit cards (Cause I won’t be using much of it). I’m sorry if someone has asked this before: Is there any chance I can create a paypal account without using credit cards or is there anyone who wants to volunteer to use their pay pal account to buy the Megaupload premium account? I’m willing to bank in my cash.

  2. Mik says:

    I use my debit card to verify my paypal. It’s work.

    @hamizah, you can buy Megaupload premium at Lelong.com.my.

  3. Rowan says:

    Following this useful method, if going to transfer from my saving account from Singapore to HSBC Malaysia Bank Account, will it be charged for transferring fee? If there is, which side will be charged?

    I use HSBC Bank account for myself, so will it also work to my hsbc account too?

  4. mal says:

    can i use to pay online using local bank?

  5. shafiq says:

    i want ask something..the maybank credit card is unable to use to do online transaction? is it true?

  6. Julian says:

    Hi
    This was really helpful, thank you so much.
    Do you know whether I can pay for stuff I buy online using money straight from my bank account? I can’t add a credit card because you can only top-up with certain credit cards from certain banks and I don’t have any of them so I added my bank account. Is there a way to top-up my paypal account with money from my bank account? If yes, could you explain please? I really have no idea. Thank you :)

  7. lil says:

    hi guys i want to know where i can check my rhb debit card statement in order to get verified by paypal.

  8. Jamilah Jmaludin says:

    I want to buy a product on line- I use to pay by wire transfer. I heard with pay pal it is free of charge. I would like to make the payment by paypal service but I do not know how to do it. If you have a customer service telephone number, I would like to speak to him/her for more clarification.
    I have a Maybank account but I do not have a credit card.

    Thank you.

  9. Ben says:

    Can I withdraw USD that resides in my paypal account ? or I can only withdraw RM ?

    Thanks.

  10. musaab says:

    I add my cimb bank debt card but still give me checking .. how do I know my account is verfied to use paypal. thanks

  11. man144 says:

    How do I transfer my money from my bank to my Paypal account?

  12. honey says:

    im using paypal.au and i can’t add malaysian bank to my account. how to do that? thanks :)

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