US Bank Account is Required to Receive PayPal Money?

Recently, it has come to Malaysians’ attention that PayPal required US Bank Account before we can accept PayPal money. According to official PayPal reply, the error maybe caused by system maintenance.

Yesterday, I sent some PayPal money to my friend with a verified non-US PayPal account but he cannot accept the money. PayPal required him to “add a bank account”.

Previously, he could accept PayPal money without adding a bank account by choosing the “Accept but don’t add bank account” option. From the screenshot of his PayPal account, it looks like PayPal had removed the option:

PayPal requires US Bank Account
Image: Cannot accept PayPal money without adding a US Bank account

I wrote to PayPal regarding the issue but did not get a useful reply. In order to dig the information for my readers ;) , I wrote another email to PayPal and got another reply shortly after.

Read moreUS Bank Account is Required to Receive PayPal Money?

PayPal Replies to Malaysia Member

After I posted “PayPal Accept Malaysian“, many users found that eventhough they can send fund into their account but they are unable to withdraw money from PayPal account.

Many asked, “How to withdraw money?”. For the question, I send an email to PayPal and got their reply.

Read morePayPal Replies to Malaysia Member

PayPal Accepts Malaysians Now!

Update (Nov 2009): Now you can withdraw PayPal money to any Malaysia bank accounts. Click here for more information.

The popular online fund transfer system – PayPal begins to accept Malaysia registerations, finally. :grin:

PayPal is free and easy to use online fund transfer system. You can easily set up it to accept online credit card payments at your website! It is great for personal and small business.

Due to the high rate of credit card frauds in Malaysia, PayPal was banning Malaysians from register/use its services. It was a great loss for Malaysia webmasters!

Without PayPal, Malaysia webmasters must register an online fund processing account like 2CheckOut or PaySystems. The minimum registeration fee is US$45(RM171), compare to US$0(free) registeration of PayPal.

Luckily, PayPal starts accept Malaysians registeration. I register an account immediately after I got the news. Guess what, LcF Weblog starts accept online donation now! ;)

My two cents

PayPal opens its door to Malaysians is definately a good news. It will boost the e-commerce of the country, I believe.

With open source shopping cart and PayPal, any shop can sell their products online now and the cost is FREE!

Updates: There are other sound about PayPal at

Updates (9 June): Some users told me that they can register PayPal account, but cannot add their credit card information.

Seems like PayPal open registeration to Malaysians BUT still reject Malaysia credit cards. :sad:

Updates (20 June): PayPal has already accepting Malaysia credit cards! Cheers!

Update (Nov 2009): Now you can withdraw PayPal money to any Malaysia bank accounts. Click here for more information.