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Old 14-03-2008, 09:14 PM
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Taking out funds from Paypal the best way

I have a fairly large amount of funds in PayPal, and need some advice on the best way to get it out.

There's only 2 ways that I know of, withdraw to a US bank account ( I do have one) or withdraw to debit card.

I wont be so concerned if not for the falling US dollar. If you have large funds in Paypal,.... it's best you take them out fast. Don't leave them there.

Regarding withdraw to debit card, can I withdraw it instead to my credit card? Is it allowed? I don't have a debit card, only credit cards.

If withdraw to a bank account, will I lose more $ to the fees? Or if withdraw to credit card, I lose more? Already lost money to Paypal's fees...if possible don't want to lose anymore
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Old 15-03-2008, 01:24 AM
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Quote:
Originally Posted by Coolio View Post
Regarding withdraw to debit card, can I withdraw it instead to my credit card? Is it allowed?
Yes you can do that with a visa card..... citibank visa seems to get alot of good feedback on this...


Quote:
Originally Posted by Coolio View Post
If withdraw to a bank account, will I lose more $ to the fees?
No you can't withdraw direct to a bank account... it got to go through a visa credit card or visa debit card.


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Originally Posted by Coolio View Post
Or if withdraw to credit card, I lose more? Already lost money to Paypal's fees...if possible don't want to lose anymore
i'm not sure how much is credit card charging for cash withdrawal so i let others answer on this...

from my personal experience, i used Alrajhi Debit card with the below:-
1. NO COST on receiving ca$h from paypal acc
2. NO FEES is you withdraw from Alrajhi ATM Machine ONLY.
3. The Alrajhi Debit card are basically a personal bank account.
4. Fast.. withdrawal took about 5 days before it shows in the debit card balance.
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Old 15-03-2008, 02:28 PM
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for a personal or small business (sole prop) in M'sia, the best still is withdraw to a debit card, maybank just launched a visa debit card - no annual fee, you might want to check out.

below see a list of M'sia issued debit cards works with paypal (from the bloggers!)

Sell More Online » Paypal supports Money withdrawal for Malaysia Merchants?!!
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Old 15-03-2008, 02:41 PM
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$5 charge to your paypal when withdraw from paypal, maximum you can withdraw $500

that mean only $495 will be debit in your account

if using creditcard to withdraw, 5% to 10 % charges to the value you withdraw, so apply a debit to avoid those charges.

withdraw with VISA card, around 1 week to process only, very fast transaction
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Old 15-03-2008, 02:49 PM
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Not much infor from maybank website, just show how the debit card look like..

not bad, is cool, i also wanna to apply one

check this out at
online cards*::*maybankard co-brand*>*petronas maybankard visa
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Old 15-03-2008, 11:27 PM
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Personally I prefer Public Bank's Visa Electron Card, I'm very satisfied with it.
Withdrawal takes 3 working days only. And, yeah, you might wanna check out the new debit card from Maybank
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Old 16-03-2008, 09:55 AM
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Personally I prefer Public Bank's Visa Electron Card, I'm very satisfied with it.
Withdrawal takes 3 working days only. And, yeah, you might wanna check out the new debit card from Maybank
yes, i agree with you, i withdraw 1 time from public debit, that time i withdraw is during CNY

I withdraw from tuesday, wednesday and thursday are CNY, continues a malay raya at friday, then week end, the following week tuesday i already take the money. mean less then 3 working days only.
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Old 21-03-2008, 06:37 PM
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Actually, I found out Paypal will charge you $5 to transfer funds to a debit/credit card...

According to their site, it says 5-7 working days.
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Old 03-04-2008, 01:44 PM
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what's CNY???
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Old 04-04-2008, 07:26 PM
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Quote:
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Actually, I found out Paypal will charge you $5 to transfer funds to a debit/credit card...

According to their site, it says 5-7 working days.
yes, this is their T&C, cannot avoid, so withdraw more will be more worth
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Old 04-04-2008, 07:44 PM
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what's CNY???
Chinese New Year
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Old 08-04-2008, 12:34 AM
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Have anyone try to use tunemoney.com services? I mean their prepaid visa card?
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Old 20-04-2008, 04:39 AM
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PayPal: "Fasten your seat belts... while browsing on the Internet"

It seems that PayPal is really decided to put an end to scamming and to show the whole world who is a real leader on the market of secure online solutions. So, not so long ago PayPal was speaking about three-way struggle against phishing. And here is a new step in the struggle against Internet fraud. PayPal says allowing customers to make financial transactions on unsafe browsers "is equal to a car manufacturer allowing drivers to buy one of their vehicles without seat belts."
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Old 22-04-2008, 06:47 PM
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use al-rajhi debit card. i read in one blog saying that it takes only 3 days to withdraw money to alrajhi debit card. the best thing is that it's damn easy to get it.Just open a saving account with al-rajhi bank and you'll get the card right away.
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Old 22-04-2008, 09:14 PM
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Originally Posted by serre86 View Post
use al-rajhi debit card. i read in one blog saying that it takes only 3 days to withdraw money to alrajhi debit card. the best thing is that it's damn easy to get it.Just open a saving account with al-rajhi bank and you'll get the card right away.
al-rajhi bank is my first choice so far. I use it to withdraw around 3000 usd and I withdraw 500 x 6 days to finish it, every 3 days I will get the money, so I could say it's fast. But the rate is just normal, around 3.13 - 3.15.
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