Paypal Withdrawal

Since Paypal has started the option to withdraw funds to international (including Malaysia) users, many bloggers have caught the news. Thanks to them for publishing the news and I have tried to withdraw the funds into my Citibank credit card account. And it works! Instead of withdrawing the money from the ATM to get my cash, I'm using it to pay for my credit card outstanding balance.

The withdrawal fee is USD5 per transaction. This afternoon, Paypal limited my account activity because someone is trying to gain information from my Paypal account. I suspect it's Citibank since the bank needed some verification from Paypal. What Paypal wanted me to do was upload/fax my credit card statement, change my password and change some security questions. And this evening, after work when all is done, I already got an email from Paypal that my withdrawal transaction has completed. Fast service!

If you need screenshots of the Paypal withdrawal process, you can head to Wayne or Ades. They have some lengthy description of it.

To those bloggers who are writing for sponsored post, no more worries of thinking how to get your hard earned money to pay for your credit card bills now. It works for Citibank. Here's a screenshot of my Citibank statement to prove the point. Click it for bigger image.