3 Easy Method to Withdraw Money from Your Paypal

Discussion in 'PayPal' started by ty1cube, Dec 24, 2007.

  1. #1
    Withdraw paypal? It’s may be easy if you come from U.S., Australian, Austrian, Belgian, Canadian, Danish, Dutch, Finnish, French, German, Greek, Hong Kong, Irish, Italian, Japanese, Korean, Mexican, New Zealand, Norwegian, Portuguese, Singaporean, Spanish, Swedish, Swiss, Taiwanese, or U.K because you can withdraw paypal directly to your local bank. So if my countries not in the list how I can withdraw paypal, shah? Ok… I will tell you.

    There are three methods that I know how you can withdraw paypal.

    1. Selling your paypal fund to some one from your countries for cash. This method is the easy and fast as I now but is it legal? Paypal will freeze your paypal account if they caught you selling paypal.

    2. Get a debit card that can be used to withdraw paypal. You can withdraw paypal to debit card and then withdraw your funds from ATM machine. Here a list of debit card that you can use for withdraw paypal:

    -Accent Card Visa - This card issue by Tomato bank. Funny name right? The card price is USD 50 or RM 170 for Malaysian. Accent Card Visa can be used for withdraw paypal because this debit card has integrate US bank facilities. There are some fees for most transaction. You can check out this debit card here. I has put more info and how to used it in my free paypal ebook, Paypal Secret.

    -Virtual Money - I’m not sure which bank issue this card. They said this is ATM card. So you can just use it for withdraw paypal at ATM. The card price is USD 25.00. Cheaper than Accent Card Visa right? You can read more about this card in my free paypal ebook, Paypal Secret.

    3. Apply a US bank account. Malaysian can withdraw paypal to US bank. After 911 tragedies, it’s hard for non resident to get US Bank Account and as far I now it’s almost impossible. Yeah that what I heard. Now I tell you how you can open US Bank Account without have US address and SSN. As far I now there are two banks that you can apply an account.
    US Bank Account For Withdraw Paypal

    Now I tell you how you can open US Bank Account without have US address and SSN and then use it to withdraw paypal. As far I now there are two banks that you can apply an US bank account for withdraw paypal.
    E*Trade Financial

    I has been used E*trade brokerage account to withdraw Paypal account before and there are no problem. The benefit of E*Trade brokerage account is:
    Easy and free. you just need photocopy of your passport or government-issued identification card.
    FREE VISA Platinum ATM Debit Card.
    You can get a VISA debit card without deposit USD 1000.
    Free check book.
    Can be used to withdraw Paypal, stormpay, moneybooker, 2Checkout, etc.
    Have online banking system.

    E*trade account is free to apply. ATM withdraw is also free. E*trade will not charge when withdraw and ATM also not. If the ATM charge you, e*trade will pay back to your account. There are Account Service Fee (ASF) that will be charged quarterly, USD 40 per quarter. That means you will be charged USD 40×4=USD 160 per year. But for the first year, you will not be charged. 2nd year and onward you will be charged. But if you meet one of e*trade condition, you will not be charged. For more information, please visit here.

    Where to apply and how to apply?

    You need to fill in 2 form.
    E*TRADE Complete Investment Account Application
    W-8BEN Form — Certificate of Foreign Status of Beneficial Owner for U.S. Tax Withholding

    How to fill this form? Please read E*Trade Bokerage Form Guideline and W8-BEN1 Guideline.
    HSBC

    The second bank I know that offer non citizen to open US Bank Account that you can use to withdraw paypal is HSBC bank USA. Yeah, the most famous bank right.

    For HSBC you need to email them and ask them how you can open an account with them. Click here to contact HSBC Bank USA . After that they will email you ask some question. Answer the question honestly. If they satisfied with your answers, they will send the kit to you.

    After you get the kit, fill in the form and go to HSBC branch in your country, like me in Malaysia, I must go to any HSBC branch in Malaysia for verification process. After that mail back the form with document they need to HSBC Bank US.

    Walla…done. You will have HSBC Bank USA account and use it to withdraw paypal. You will get HSBC debit card and you can use HSBC debit card to withdraw your paypal money in almost any ATM in the world. Cool right.

    I will post more for youy guys/
     
    ty1cube, Dec 24, 2007 IP
  2. Sana Hayat

    Sana Hayat Peon

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    #2
    Great to see that.Thanks for sharing it.
     
    Sana Hayat, Dec 24, 2007 IP
  3. yugo

    yugo Well-Known Member

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    #3
    what the exactly name of E*trade site? i am still confuse about the site.
     
    yugo, Dec 24, 2007 IP
  4. wkhaiaun

    wkhaiaun Peon

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    #4
    I heard HSBC bank charge a high amount of fee to open an account. I don't know the exact amount because the last time I emailed them, they said they don't accept Paypal transfer. Any idea about this?
     
    wkhaiaun, Dec 24, 2007 IP
  5. anthraxruler

    anthraxruler Peon

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    #5
    Thanks for sharing mate.
    Great news
     
    anthraxruler, Dec 25, 2007 IP
  6. cool_78

    cool_78 Guest

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    #6
    My favorite way of withdrawing is selling it to my country men via bank deposit. That way I save on fees and the exchange rate is much better.
     
    cool_78, Dec 25, 2007 IP
  7. Komicwords

    Komicwords Well-Known Member

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    #7
    I think selling the paypal to londongoldexchange is another good option and since thy have "many currency exchanger I think they could help you alot after you got your own payment system that accept your country
     
    Komicwords, Mar 23, 2009 IP
  8. MooBaa

    MooBaa Peon

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    #8
    If you get a paypal credit card can you withdraw your funds directly from the card, or would it be separate from your account?
     
    MooBaa, Mar 23, 2009 IP
  9. pavan6993

    pavan6993 Peon

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    #9
    Great tips has been provided by you about withdraw money from the paypal!
    Keep sharing with us!
     
    pavan6993, Mar 23, 2009 IP
  10. IsMaeLG

    IsMaeLG Member

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    #10
    this will help many users...
     
    IsMaeLG, Mar 24, 2009 IP
  11. sushrukh

    sushrukh Member

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    #11
    sushrukh, May 30, 2010 IP
  12. MobiTalk9

    MobiTalk9 Active Member

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    #12
    What about the countries where paypal not supported?????
     
    MobiTalk9, Jan 31, 2011 IP
  13. untitled17

    untitled17 Peon

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    #13
    Thanks for sharing, great information.
     
    untitled17, Feb 1, 2011 IP
  14. rubeljoy

    rubeljoy Peon

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    #14
    Nice Information. But my country has not paypal supported.
     
    rubeljoy, Jul 24, 2011 IP
  15. kushsolitary

    kushsolitary Active Member

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    #15
    Please add "India" into your list as I am from India and I can withdraw my money to a local bank or by a check. ;)
     
    kushsolitary, Jul 24, 2011 IP
  16. amkeabhi123

    amkeabhi123 Member

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    #16
    thanks for sharing the paypal refund informations .
     
    amkeabhi123, Jul 27, 2011 IP