Internet Marketing, E-commerce, work at home business owners in Malaysia, please pay attention! You can now withdraw funds from Paypal account to your bank in Malaysia. This is a wonderful news for Malaysian work at home internet venturers.

There will be no charges (completely FREE) for withdrawal of RM400 and above. For withdrawal less than RM400, a small fees of RM3 will be imposed. The Paypal processing time will take 2 to 3 business day and it may take another 2 to 3 business days for your bank to process it into your account. So it may take a total of 4 to 6 business days before you can see your money in your Malaysian bank.

I was using a debit card to withdraw from Paypal previously and it cost me RM20 for each withdrawal and the processing time is 5 to 7 days. Compare to withdraw to bank account, withdraw fund to debit card can cost more and may take longer processing time.

Thanks to PayPal for adding this option for Malaysian. But with this option, Malaysian internet marketers may need to consider to declare all their online earning in their income tax assessment next year.

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