My previous post on how did you withdraw your PayPal funds has generated some interesting responses. One question that came up from the discussion is whether PayPal accepts E*Trade’s Hong Kong bank accounts. PayPal has no problem accepting E*Trade accounts previously because E*Trade gave its users U.S. bank accounts. However, E*Trade has switched to Hong Kong bank accounts not too long ago.
I checked PayPal’s website and retrieved a list of bank accounts from 35 countries that are accepted by PayPal. The 35 countries are as follow.
- Australia
- Austria
- Belgium
- Canada
- China
- Czech Republic
- Denmark
- Finland
- France
- French Guiana
- Germany
- Greece
- Guadeloupe
- Hong Kong
- Hungary
- Ireland
- Italy
- Japan
- Martinique
- Mexico
- Netherlands
- New Zealand
- Norway
- Poland
- Portugal
- Reunion
- Singapore
- South Korea
- Spain
- Sweden
- Switzerland
- Taiwan
- Thailand
- United Kingdom
- United States
If you reside in one of the countries above, you can choose to withdraw your PayPal funds into your local bank or into a U.S. bank account.
Since Hong Kong is one of the countries that PayPal accepts, I believe you can still transfer your PayPal funds into the given Hong Kong bank account by E*Trade. I have never used E*Trade so I may be wrong. Please correct me if I made a mistake.
Select your country from the list in this page to check whether PayPal accepts your bank account from your country. Happy making money online!
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er, what is 26. Reunion?
But the thing is, when clicking the “Add a bank” button, it insist me to fill in a US bank account, I can’t choose. The credit card I used to verify PayPal was Malaysia credit card though…
too bad, malaysia is not one of the country.. we will need to go thru all the hassle just to get the money out from paypal…
@decypher
It’s a country I think. I have never heard of it though. Try searching for it.
@wong
Hmmm…I think I know what is happening. That means that PayPal accepts Hong Kong bank accounts only if you are from Hong Kong. So, PayPal only accepts U.S. bank accounts for Malaysians. Sorry for the misunderstanding
@Jys
Yup. Really unfortunate. This is probably due to the number of fraud cases in the past.