Paypal doesn’t do Malaysia?

As far as I can tell (or read), Paypal requires Malaysian sellers to have a US bank account for me to writhdraw my funds. They apparently don’t do cheques, so I’d have to::
1. Have someone in US to receive the money for me, then have him/her send it over.
2. Fly over to US, convince them that I’m eligible to have a US bank account, then fly back (since of course I’m not a resident)
3. Find a job there, settle down, move my family over, open a US bank account (this way, of course, is a better way than option 2), say adieu to new co-workers, fly back.
4. Do the above, except I stay and work in US (that sounds easier, actually).
Why don’t they do cheques? Their rates are better than other payment processing sites I’m aware of. However, at least they send the cheque over.
Decisions, decision.


3 Comments

  1. There was a company here doing PayPal transactions for 1USD to 3RM, but they got closed down.
    I suggest just using 2co, slightly more expensive but supports Malaysian accounts.
    If not you need to open an account in HK, that’s the nearest ‘compatible’ place for withdrawing funds.

  2. You could open a Singapore account..or you could just get this:
    http://chapter-m.com

  3. Lovely lovely, thanks very much. As it happens I do think I’m going to go with 2co, however the only way we’re getting the cash will be via cheques.
    Dammit. Paypal should support sending cheques over. So what if we have the highest credit card fraud in the whole world? So what??? 🙂 🙂

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