Paypal can now be withdrawn in Malaysia

In previous years, you cannot withdraw your money from Paypal to your Malaysian bank account. You need to go through third party companies like Accent or Virtual Money Inc. to take out cash from Paypal. It was very troublesome for Malaysians with charges incurred but recently a few months back, you can transfer your US dollars in Paypal account to any Malaysian bank. You will not be charged any transaction fees for amount at least RM400 or around USD132 that is transferred. It is a blessing in disguise that Obama became US president and relations between Malaysia, Indonesia and USA have improved a lot along with more business opportunities amongst these countries.

I still remember having to go through online contacts like Sapiens Bryan to cash out my Paypal money for a reduced amount to pay for his charges at around 2%. I have had bad experience of tranferring USD75 from my Paypal to an online friend who cheated me and never send me my money and we lost touch from there onwards. During Dr Mahathir's time, relations with USA was at its lowest with this mamak blabbler-mouth keep criticising the USA as if championing for himself. A lot of big online USA companies prefer to do business with Singaporeans than Malaysians and we lose out in this aspect.

For instance, if you want to sell on Clickbank, you cannot find Malaysia as the country to select in the form to sign up or to become an affiliate. Likewise for many other notable online sites from USA to earn some money via the internet.