A New Era For PayPal Users Who Can’t Withdraw Their Money
Posted by Mert Erkal on Oct 1, 2007 in Blog | 7 commentsI am very glad to announce you today that PayPal has changed its funding policy. This is going to be a new era especially for Malaysian, Indian, and Turkish bloggers who could not transfer their PayPal money to their local bank account.
Bloggers in Argentina, Brazil, Bulgaria, Chile, Cyprus, Estonia, Gibraltar, Iceland, India, Indonesia, Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Philippines, Romania, San Marino, Slovakia, Slovenia, Turkey, United Arab Emirates, and Uruguay! Feel free to transfer your money to your local credit card if your card is withdraw eligible. All you need is to wait for 5-7 business days and pay $5 usd fee.
I have extracted this from PayPal’s help section :
Members in Argentina, Brazil, Bulgaria, Chile, Cyprus, Estonia, Gibraltar, Iceland, India, Indonesia, Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Philippines, Romania, San Marino, Slovakia, Slovenia, Turkey, United Arab Emirates, and Uruguay, can withdraw funds to credit cards that are withdraw eligible. You should allow 5-7 business days for your funds to post to your card, but may take more time, depending on your bank’s policies.
Withdrawals to your card must meet the minimum withdrawal amount.
Minimum Withdrawal Amounts
| Currency Balance | Minimum Amount |
| Australian Dollars | $15.00 AUD |
| Canadian Dollars | $15.00 CAD |
| Czech Koruna | 240.00 CZK |
| Danish Krone | 60.00 DKK |
| Euros | €10.00 EUR |
| Hong Kong Dollars | $80.00 HKD |
| Hungarian Forint | 2,100 HUF |
| New Zealand Dollars | $15.00 NZD |
| Norwegian Krone | 65.00 NOK |
| Polish Zloty | 30.00 PLN |
| Pounds Sterling | £6.00 GBP |
| Singapore Dollars | $15.00 SGD |
| Swedish Krona | 80.00 SEK |
| Swiss Francs | 13.00 CHF |
| U.S. Dollars | $10.00 USD |
| Yen | ¥1,000 JPY |
How to withdraw to your local credit card ?
- Log in to your PayPal account
- Under “My Account” on the top menu, find “Withdraw”, and then click on it
- You will see two options on the screen, click on “Transfer Funds to Your Card”
- Type the amount you want to withdraw, check above table for minimum amounts
- Confirm
I think this is going to open a new era for the bloggers in above listed countries who could not withdraw their money since very long time. Please help me spread the word as soon as possible. I would be grateful if you announce this news in your blog and insert a link to my blog post as your information source.
Subscribe to my RSS feeds, be the first to know. Enjoy!
Ya, good news to me as I am in Malaysia. I register a credit card with paypal. But I wish to add one more card which is a debit card because the withdraw fee for credit card here is high. Why do I need to register credit card with paypal. Is it I wont be allow to receive money if I didn’t do that?
Hi Lukxiufung,
Unfortunately it is the only way to withdraw your money. You won’t be able to withdraw your money with a debit card as far as i know. However to be on the safe side, i suggest you to contact and ask them directly.
nope, recently they just allow us to transfer money into our debit card.
That is cool! I am very happy about that
Congratulations!
So that’s why I ask such question above
Still the question. Can I receive money if I do not register a credit card?
This is excellent news! I’m a blogger from Malta, and was honestly thinking this day would never come. This opens up vast opportunities for many people all over the world. I’m very happy with this
Hi Sarah,
I am very happy that you learnt this excellent news from my blog. Looking forward to see you again sometime. I am going to visit your blog soon.
Take care,
Mert