This is a really late update. Last Thursday (1st November), I received a sorry note from PosLaju. The only thing I was expecting to receive is my Public Bank Visa Electron debit card. Since my debit card application was only processed a week ago, I wasn’t too optimistic about it. However, I was hoping that it was my debit card waiting for me.
I quickly drove to the PosLaju office to pickup my letter. I was delighted to receive an envelope with the words “Public Bank Berhad” printed below my address. I knew it must be my debit card in it.
So, it does take about seven working days to get a Public Bank debit card approved. Well, it is true if you do not include the time your application sit helplessly in a corner in the Public Bank office waiting to be picked up and processed.
Anyway, I tried to add my new visa debit card into my PayPal account. Unfortunately, I was hit by an error message indicating that I couldn’t add the card into the system. I was furious and disappointed. I got the error message below.
This credit card has been denied by the bank that issued your credit card. For details on why your card was denied, please contact your credit card issuer’s customer service department. Or, you may want to try adding a different credit card.
I tried searching for a solution at Google and found LiewCF’s article on his Public Bank Visa Electron Debit Card. That was when I realized that I had to transfer more than the initial RM25 into my debit card because PayPal will charge a small fee (about US$1) to add my debit card.
I immediately rushed to a nearby Public Bank to bank in RM50 into the card using the cash deposit machine. If you would like to transfer funds into your debit card through a cash deposit machine, remember to select the option “Credit Card Payment”. Insert your debit card number and check to make sure it is your name on the screen.
After transferring the money, I went home and tried to add my Public Bank debit card into PayPal again. This time, it worked. I can now start to withdraw my hard earned PayPal funds and touch real cash.
I have read some others advising us not to immediately withdraw a large sum of money or else PayPal may become suspicious and put our accounts on hold. After considering this matter for a while, I decided to withdraw the maximum allowed (US$500) instead. If PayPal does put my account on hold, I guess I will just have to go through the trouble to verify myself by sending in some documents. I am willing to take the risk rather than waste $5 for every extra transaction that I will do by making smaller withdrawals.
I wonder if anyone else has made a large withdrawal (eg $500) from PayPal successfully without raising the alarm. Have you?
I will be making the withdrawal right after this. Wish me luck!
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You… So fast one? I haven’t even got the letter yet… It’s 2 weeks already
sometimes it’s not the bank’s fault… it’s Pos Malaysia fault…. for sending the mail slow…..
I haven’t got my pin number yet…. I got my PB Debit Card earlier last week…. already more than one week already…..
and did Paypal raised the alarm on your max withdrawal?
I have made withdrawals of RM 400 and RM 900 the past consequtive 2 days. But that was from my sister’s PayPal debit card. I withdraw both times from a Hong Leong Bank ATM machine.
So far there has been no messages or warning from PayPal.
I hope you have received your funds wholly.I havd applied it onlne yesterday and I will send out all docs by tomorrow.But as I am a foreigner,I still can’t ensure whether all procedures will be smooth like your guy met.Bless me…
wow cool, i’ll be collecting mine at the branch in about 30 minutes later. haha, should have gotten it last friday but they delivered it to my house instead of to the branch, i requested it to be redirected to the branch.. ~sigh
I got RM 30 deposited, so i guess should be enough for paypal to deduct USD 1 la..
good luck with the withdrawal!!
I had Al Rajhi Bank Visa Debit Card but still apply for PBB Visa Electron @@ hahaa
I have just received the letter that asked me to bank-in RM25, I did that and waiting for my card now
@wong
Where got fast? LOL. Anyway, it took 3 weeks from the day I sent my application form myself using express courier service and me receiving the card.
@kljs
I didn’t send using PosLaju. I sent using ABX Express. Their system indicated that Public Bank received my application from the next day after I sent it. I haven’t withdrawn yet because I notice that newly added cards MAY require us to verify it before withdrawing.
@Andrew Ooi
It doesn’t matter when we withdraw the cash from ATM machines. I believe PayPal will only raise the alert when we try to withdraw the cash from PayPal to our cards.
@liciece
I’ll be applying for e-banking for my Public bank debit card. That way, I can check the number for expanded use faster. Hopefully everything will go smoothly after that. I hope you get your card approved too.
@Jys
Congrats. Yeah, RM30 should be enough.
@jimmychin
Because PB exchange rate better is it? LOL.
@KennyP
Cool. I think Jys went through the same process. Everything should be completed soon.
Hi, what’s the exchange rate when you withdraw money from paypal into your public bank?
Glad I found this post!