Content of email I got from paypal when I ask how to withdraw funds to local bank account :

Thanks for contacting PayPal customer service, my name is Sophia. I will
be happy to assist you with your question regarding your PayPal account.

I understand you are concerned about how to add Malaysian bank account.

First, I am so glad to say that right now for Malaysian account holders;
there are four options to withdraw:
1) US bank withdrawal

2) Transfer funds to Visa card (Specific to Malaysia! Withdraw fee:
5USD, return fee: 10 USD, Maximum amount: 500USD/Day, minimum amount:
10USD)

3) Check withdrawal
4) Malaysian bank withdrawal

However, this service is just launched, so the information is not
complete on our website right now. We are working on this already. About
how to add local bank account, the withdrawal limit and fee, would you
please try later and keep an eye on the updated information on the
website?

We are sorry for the inconvenience caused to you.

If you need any other further assistance, please do not hesitate to
contact us.

It is my pleasure to assist you. Thank you for choosing PayPal.

Sincerely,
Sophia
PayPal, an eBay Company

Copyright © 1999-2009 PayPal. All rights reserved.

Wow, I should read the Policy Updates!
Hopefully CIMB will be one of the supported local banks, yay!

Kool & The Gang!

Hola Steven,

Thanks for the head-ups. This is certainly a good move, but I'm still having a hard time explaining about PayPal to the Public Bank's staff here in Kuala Kangsar.

You see, I was withdrawing some money from PayPal and I wanted to ask them about converting rate and all. Unfortunately, they all gave me blank faces. They don't even know that some company in the US want to give me some money via the Internet. I had a hard times explaining it to them.

I don't know about the banks in big cities such as in Kuala Lumpur, but here in Kuala Kangsar… Grrrr……!

Well, that feel good. Thank you for letting me rants and raves here Steven. You're such a good pal.

That's all for now. See you around.

Greetings and lots of love from Kuale Kangsor.

Sincerely yours,
~ ArahMan7

That's great news, but I don't see anything in my account yet..

I've checked my account
and I just added MYR as
a new currency.

Now I can do Business in
Ringgit. Hurray!

what no more debit card withdrawal ..so easy lah after this..

then i have nothing to blog about hahha

@Polarmanz, thanks for the updates, my readers and I appreciate for your info here.

@Sally, when come to local bank withdrawal, it should works for all banks.

@Kay, @Gobala, Yes really good news! It is not reflected in the account yet as they are still working on updating the site info.

@Lankapo, Well, you can still give the last update, that is tell them this good news! After that, close the case forever!

@ArahMan7, Yup! The bank staffs will not know this. No point checking with them. If you want to, just ask them the currency exchange rate for today. In fact, PBB staffs are trained to be straight forward. The other day when I tried to withdraw my adsense payment via western union. Oh goosh! Really a hard time to deal with them.

@Rammel, You can charge RM now ….

Neat info but I rather work with al rahji as they are really awesome in processing the money out.

Simple to get an account and also easy to work with. And the teller are on meps you may even check your account in any teller machines now!

Thanks all…

Hope us malaysian will use this opportunity wisely.

Gadgeteer

thanks for info and sharing steven. I will update to my student.

hi steven, latest update for you and your readers. now can officially link to Malaysia Bank. http://www.webshaper.com.my/blog/index.php/how-to-link-paypal-to-malaysia-bank-account/

Paypal does work for Malaysia account, we sold our units over the web thru payment from paypal.

Does any of this banks offer international banking for non-residents?
Thanks.