Malaysia: Users in these countries cannot withdraw funds to their local bank account electronically or by paper check. They can -withdraw funds to a U.S. bank account.- (only)

And that’s the reason they are suggesting us to ask somebody from Singapore to open a PayPal account for us. We get another “WAIT” for the feature to be available in Malaysia.

See the difference between Malaysia and Singapore:
Malaysia: Users in these countries cannot withdraw funds to their local bank account electronically or by paper check. They can -withdraw funds to a U.S. bank account.- (only)
Singapore: Users in these countries and territories can -withdraw funds to either a local or a U.S. bank account.-

(Dang! I need an comment edit button. [read: feature request :p])

Basically to transfer from your Paypal account to a bank account, they must be a partnership and some sort of system integration between Paypal and an existing local bank. In our Malaysian context, there aren’t any partnership that exist yet (as mentioned in my last comment). So that’s why we can’t transfer out our funds from our PayPal account just yet.

It’s always good to have alternatives.

–

Felix,

Well, MOLSafePay still have a very long way to go. Nothing can be done, other than wait.

As for Western Union, I just checked their site. It’s stated that we can transfer funds from other countries to Malaysian BCB bank account. Then, how shall we transfer from PayPal account to Western Union then? Maybe I’m just to inexperienced in these stuffs. Hopefully some experienced eBayers can point this out. As for transferring money to PayPal, there’s not much problem since PayPal is accepting our credit cards (right?).

Therefore there are alternative payment services like BidPay (http://www.bidpay.com/). MOLSafePay sounds like one of those alternate services, which does sounds promising if they accept International credit cards.