How Malaysians can withdraw directly from Paypal

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It’s been a common problem all these while for most Malaysians where we cannot withdraw money directly from Paypal. I believe the reason PayPal is keeping us out is simply because of the massive credit card fraud that happened few years back.

Here’s a way that I’ve been using for months and I’ve successfully withdraw from Paypal couple of times with the exchange rate about 3.5+. Before I start explaining, I must declare that in the process, you will need to buy a debit card and that is not FREE. However, methods and process of using the card all the way until you are touching your hot cash from ATMs are FREE; based on real life trial and error I’ve actually conducted. If you are still interested, continue reading.

In a Nutshell

Malaysians can do most transaction in PayPal except withdrawal because there is no option that sends money directly to local bank. The solution I see here is 3rd party debit card and this is how it works.

You will register with an online bank (recognized by PayPal) and then received a debit card. Transfer money from PayPal to your online bank account and with the debit card you can withdraw the money (in local currency) at almost any local bank ATM as long as they have a Cirrus or Pulse logo on it. Now that you understand the concept lets go about applying and using your debit card.

What is VMI ATM Card

The Virtual Money ATM cards are already used by hundreds and thousands of people throughout Asia.  You are able to withdraw local currency cash from any bank ATM that has a Cirrus or Pulse logo on it.  Most international ATMS in Asia with a Cirrus/Master card logo will accept the Virtual Money debit card.

How to buy and How much VMI ATM Card cost?

VMI ATM card is sold for $25.00 USD each plus the shipping fee below of your choice.

  • $3.00 shipping via regular United States Postal service (USPS), receive in about one and a half week
  • $8.00 shipping via USPS Global Priority, receive in about one week
  • $20.00 shipping via USPS Express, receive in about 3-5 business day with tracking
  • $40.00 shipping via UPS Express, receive in about 3 business day with tracking

1. Application of VMI ATM Card

  1. E-mail millie[at]mooncash[dot]com with title "Application of VMI ATM Card" to inquire more information about VMI ATM Card (just in case charges have changed)
  2. Millie respond with more information and the requirements needed to apply VMI ATM Card
  3. Send $25.00 USD + Shipping fee to Paypal account: moonlover[at]aol[dot]com
  4. Send another email to millie[at]mooncash[dot]com to notify that payment has been send, include your Shipping Address in the e-mail.

2. Arrival of card and Activation

  1. Send the following information back to millie[at]mooncash[dot]com for activation
    • Virtual Card number
    • First Name
    • Last Name
    • Birth Date
    • Telephone
    • Address
    • City
    • State
    • Zip
    • Country
    • Government ID number
    • Telephone
    • E-mail
    • Attached along a scanned copy of your MyCard.

  2. Wait for card activation email

3. Activate VMI Bank Account

Once account is activated, follow the following steps

  1. Go to VirtualMoneyInc.com and click on Activate Your Card.
  2. Follow each steps until completion of activation. Do not forget your 4-Digit PIN. You will use it to withdraw from ATM later.
  3. Login to your account and get familiar with it.

4. Transfer from PayPal to VMI Bank account

  1. Login to PayPal -> Withdraw and click on Transfer funds to your bank account
  2. Fill up the form carefully.
    • Bank Name: Southwest Bank
    • Account Type: Checking
    • Routing Number: 111900756
    • Account Number: (8) + (Last 9 digits of your card number)
    • Re-enter Account Number: (8) + (Last 9 digits of your card number)
  3. Transfer money from your PayPal account to VMI bank account. It may take 3-4 days for transfer to complete.

5. The Withdrawing Moment

Check your VMI Bank Account 2-3 days after the transfer from PayPal. If you transfered $300 USD fom PayPal to VMI bank account, you will noticed there is a $2 USD charged (transaction free). You will end up receiving $298 USD. Also take note that you must have at least $10 USD in your account as balance.

Example: Assume you transfer $300 USD from PayPal to VMI Bank Account for the first time, you will received $298 USD after 3 days in your bank account. With $10 USD as balance remaining in your account, you are able to withdraw $288 USD. If you transfer $500 USD from PayPal to VMI the second time, you will received $498 USD and you can withdraw $498 USD.

I hope you get the picture here. The reason I’m emphasizing on this is because every transaction (Balance Enquiry, Wrong Pin entered, Withdrawal, etc) counts and you will be charged for it. Here is a run down of the charges.

Transaction Charges

  • Funds Deposit 2.00
  • ATM Withdrawal – US 1.80
  • ATM Withdrawal – International 5.00
  • ATM Balance Inquiry/Denied Inquiry – US 0.50
  • ATM Balance Inquiry/Denied Inquiry – International 0.50
  • Card to Card Transfer 2.00
  • Card to Bank Account Transfer 2.00
  • Bank Account to Card Transfer 2.00
  • Monthly Account Service Fee 2.70
  • Card to Check 4.95

How to withdraw with minimum charges

  1. Login to your online VMI account, click View Balance in other currency and choose your local currency. This gives you an idea how much you can withdraw. Say if you have $298 in your account and with $10 as balance, you can withdraw $288 USD / RM 1010.
  2. Hit to the nearest ATM and withdraw RM 1010 straight away. Remember: Balance enquiry online is free and whatever you do on an ATM is going to charge.
  3. Before you run happily to the nearest ATM, try remember the steps in the following imags below. These are the actual images I took during one of my withdrawal.

Look for the Cirrus Logo

This site of the card up

4-Digit Pin. At some ATMs you might need to hit Enter manually

“Withdraw”

“Savings”

Confirm your amount, receive your cash

Don’t fear the long content I’ve put up here. It isn’t as complicated as it look. The reason I make this so long is because I won’t want to miss any small points that got you lost or stuck somewhere in the process. If you faced any problem, I’m more than happy to help. If you think this guide helps, please help spread. No one should be paying for simple knowledge like this. Happy money making online.

Updates: VMI Card is now selling at $30.00 instead of previous $25.00. If you are getting your VMI from other suppliers then that is at your own risk because I’ve not try nor going to try them.

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Posted by hongkiat in Make Money Online, PayPal , at 03.19.07

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Comments

  1. RT March 19th, 2007

    Wow, HongKiat, you rock!
    Thanks for making this available, and not to mention, your kindness of making it FOC. Thanks again.
    We need more people like you in Malaysia.

    Reply
  2. menghua March 19th, 2007

    Thanks for the tips. To make it more clearer, this means that the transaction fee is $5 USD for us to withdraw from ATM machines, and the card have a monthly charges of $2.7 USD?

    Reply
  3. Chris March 19th, 2007

    How come the last picture got ‘tergendala’ and ‘out of service’ at the background?

    Reply
  4. pablopabla March 19th, 2007

    Thanks!

    Reply
  5. Maria March 19th, 2007

    Wow. Cool… thanks for making this tips free! let’s make tonnes of money!

    Reply
  6. hongkiat March 19th, 2007

    menghua: you are right but so far, I haven seen any monthly charges on my account yet. Here’s the deal, if you withdraw USD50 from paypal, you probably find the charges are something quite expensive, but it’s almost nothing if you withdraw USD 500. I advice you to collect more and withdraw one shot instead of withdrawing from time to time.

    Better still, if you have friends using Paypal, get them to send it to your VMI bank account, withdraw for them and get them to share your cost. That should work out a win win situation.

    Chris: good observation. u know our dear local banks atms. i’m using some old machines :)

    Reply
  7. Maria March 19th, 2007

    I wonder if this method is OK with Paypal? We surely don’t want our Paypal account banned… just in case. :)

    Thanks for the tips – again.

    Reply
  8. LiewCF March 19th, 2007

    VMI, I see… you said FOC, I tot is *another* method. Thanks for the nice guide. :)

    Reply
  9. limpeh March 19th, 2007

    Thanks for all these info!!

    Reply
  10. LeeTK March 20th, 2007

    Wow u are the best!!

    Reply
  11. AgnesW March 20th, 2007

    Cool~~~ This gonna help lot of people… Somemore it’s FOC… :)

    Reply
  12. Vincent Chow March 20th, 2007

    May I know if there’s any age requirement to apply for the debit card? Also, can the debit card used to verify my PayPal account? Thanks in advaned.

    Reply
  13. hongkiat March 20th, 2007

    Maria: Nope, you will not get banned for this. If you will, Paypal will not allow us to add VMI as bank in the first place :)

    Vincent: No age requirement. I’m not really sure if you can use debit card to verify Paypal. You should ask Paypal regarding this.

    Reply
  14. Sukeri March 20th, 2007

    Thanks for the great sharing. still waiting for my Accent Visa card.
    No good news, may be i will use this method.

    Monthly fee also lower than accent.

    Reply
  15. azrin March 21st, 2007

    Accent went kapoot ah.
    I’m looking for acheaper alternative, but then, I already have my US acct, without depositing any money

    azrin @ http;//www.azrin.net

    Reply
  16. weirdoux March 21st, 2007

    this guy, menj already did that before this. you also can take a look at his blog. he also tell the same story (hongkiat more details actually).
    this is the url:

    http://www.menj.org/?s=vmi

    (scroll down to get the full story)

    me?
    i just sell it to “mystery people” …no need to pay the charge, no need to pay for the card, no need to fees here… fees there…

    Reply
  17. online bisnes March 21st, 2007

    Nice,
    I’m also using a debitcard for paypal withdrawal.
    Mostly takes 3 days to get cash in hand.
    Also can clear google check.Using snail mail.My 1st google check was cleared in 2weeks plus ,and I got 99% from Google check amount in hand.

    Reply
  18. Neo March 22nd, 2007

    I emailed millie [at] mooncash.com a few days ago. Until now, still no replies from them… :(

    Reply
  19. hongkiat March 22nd, 2007

    Millie’s response is usually fast. The last time she took 3 days to reply my mail was because she’s on cruise for training and theres limited internet connection. give it max a week, then rewrite to her.

    Reply
  20. Keith March 23rd, 2007

    That is very good information to us for do the online business, thanks a lot!

    Reply
  21. Dynn March 23rd, 2007

    I got tired waiting the card replacement for accent card.Now i need to try VMI.I paypal got stuck for a few month.Thanks for this information.

    Reply
  22. Moses Francis March 24th, 2007

    Good article and can see that you have taken trouble to write it,thanks.

    And just a word for those that are now contacting millie [at] mooncash.com..as a personal expeience myself, she is good and will return your emails, i guess she’s just a little busy or doesn;t have internet connection at the moment.

    Reply
  23. Louiss March 24th, 2007

    Hongkiat, for your information about debit card, the minimum requirement of age is 18 years old. So please take note. You are great blogger and still have a lot of thing to learn from you, maybe next gathering we will meet up? hahaha :D

    Reply
  24. hongkiat March 24th, 2007

    Louis: Thanks for the info. That should answer Vincent’s doubt :)
    Moses: Yes, her response is impressively fast. that’s one thing I like about their service.

    Reply
  25. Ky March 25th, 2007

    I finally tested today a debit card I long had but never used in Bolehland for the longest time… after reading ur article last week.

    U r my motivator man… OK…now to transfer from Paypal to Bank 1st….

    Reply
  26. ngwinglam March 25th, 2007

    what is the “online bank account” ? that means i have to register another bank account that isn’t come with the debit card ???

    Reply
  27. crispy March 25th, 2007

    Hi Hong Kiat. Great info. Wondering if this is applicable for Clickbank too. Keep up the good work.

    Reply
  28. Fenton March 26th, 2007

    Five bucks for each transactions seems to be to high, isn’t it?

    Wonder why Paypal does not accept our local bank just as Singapore?

    Reply
  29. hongkiat March 26th, 2007

    ngwinglam: VMI debit card comes with an online bank account (with VMI too)

    crispy:I’m not really sure about clickbank thou

    Fenton: Its not really high if you transfer in larger amount. If I’m not mistaken, it was massive credit card fraudulent few years ago that cause paypal to withdraw from malaysia.

    Reply
  30. red March 26th, 2007

    thanks hongkiat! that’s a very detailed guide.

    Reply
  31. Chris March 26th, 2007

    Whoa! Very informative and detailed step-by-step guide. Thanks for sharing. Big applause.

    Reply
  32. Nicole March 28th, 2007

    0h.. thanks alot this is really helpful info. I just went PB to sign up Debit Card. Wah.. USD300… so far I havnt reached there yet la… so slowly lor.

    Reply
  33. Nicole March 28th, 2007

    hi thnks for the info. Anyway just sign up for PB debit card. Your way.. is good oso.. but maybe later on. No so much USD inside.. oso..

    Reply
  34. AJ March 28th, 2007

    Thanks for the tips. I’ve applied last week from their site but havnt got their feedback since then. I have just sent another mail, hoping things will work out!

    Reply
  35. spidercrown March 29th, 2007

    Hi Hong Kiat,
    Great info from you. Just here to clarify some doubt:
    If let say i withdraw USD500, Transaction charge is USD5, So i get balance USD495? And by converting to ringgit, what rate does the ATM/bank use? Are they using buying rate (3.3870)? so i get 495×3.3870 = 1676.565.

    Is the above convertion correct?

    Reply
  36. delang March 30th, 2007

    im curious. i think u forgot about verification process

    can i verify with this card or i need another card to verify?

    btw, thnks for the tips

    Reply
  37. hongkiat March 30th, 2007

    delang: In “2. Arrival of card and Activation”, the information you are sending over are used as verification as well as activation of the card

    Reply
  38. Neo April 4th, 2007

    I read people mentioned PB debit card… what’s this actually; Public Bank debit card? Is it similar to the VMI card… and can be used to transfer Paypal money?

    Thanks.

    Reply
  39. sensitro9 April 7th, 2007

    to apply for the card, do i must have an account in Paypal first to send money to millie[at]mooncash[dot]com OR are there any other methods?

    Curious.Hope to hear from u soon. TQ

    Reply
  40. hongkiat April 8th, 2007

    sensitro9: you don’t need a paypal account to apply VMI. But I’m revealing a method you can withdraw money from paypal account with VMI here.

    Reply
  41. nhudinhquocphuong April 18th, 2007

    Is VMI stiil can used to withdraw ? I hear some said it is banned by paypal ? I am confused now T_T

    Reply
  42. Louiss April 18th, 2007

    Hi neo, just wondering around and see your comment. The PB bank debit card is just for verification of paypal acc only. Can’t withdraw money! :(

    Reply
  43. nemesis April 19th, 2007

    im curious. i think u forgot about paypal verification process, can VMI receive 2 mini deposit of paypal when I confirm the bank(VMI) ?
    Hope to hear from u soon

    Reply
  44. Sathiya April 26th, 2007

    Wow…
    Really superb. The fact that you shared this info at no cost makes it even better.
    I personally know someone who wrote a e-book on this same topic and was selling it at USD20. But what you are doing is really great. Keep up the great work man…hope to work with you in the future.
    Thanks again.

    Reply
  45. My Yakkity Yak April 28th, 2007

    Hey, thanks for sharing this. I hope you don’t mind that I link back to this post.

    Reply
  46. khaikhee April 28th, 2007

    hi, really kind of u to share this. it’s great. by the way, can we use local banks debit card instead of VMI?

    Reply
  47. Sonche May 1st, 2007

    Hello,

    Thanks for the info. You are really a kind person. Others would charge for this kinf of info.

    Reply
  48. azrin May 1st, 2007

    If you don’t want to spend US$25, and prefer the Check Book and Visa Debit card…then go for the E-Trade Acct.

    Details on my site..and it’s free (I had to pay for it initially for the info).

    Save you the hassle,and they send all those cards(it’s a VISA PLATINUM),pin thru FEDEX and the Checkbook thru DHL.You can change the pin number to yr choice.

    Good luck.

    PS: the site to fish for is : http://www.azrin.net/?s=paypal&reference=HongKiat#Etrade

    Reply
  49. Azure May 12th, 2007

    Wow.. this is simply awesome. Thanks so much Hong Kiat, for the step-by-step process explaining how to withdraw money from Paypal. I have been wondering how to do this for a long time, and other advise on the internet costs money. Thanks again!

    Reply
  50. anthraxxxx May 13th, 2007

    I heard PayPal freeze accounts temporarily that uses VMI card because they want you to fax over your ID card, Utility bills and so on right?

    Reply
  51. flsam May 14th, 2007

    Nice post on Paypal that we can withdraw money in Malaysia now with VMI Debit Card. Before I read this post, no one have a clue about it and only said that we have to open an account in Singapore. What about using the local Master Debit Card issued by Public Bank? Will it be the same as VMI Debit card.

    Reply
  52. CY May 14th, 2007

    Is there any solution that apply the card without using Paypal?Coz i haven’t verify my paypal with credit card(i don’t have credit card)..The VMI card can be use to verify the Paypal?

    Reply
  53. Matt Ng May 15th, 2007

    Hi Hong Kiat,

    My name is Matt and I’m the author of the free step by step ebook on “How To Withdraw PayPal Money in Malaysia” and “How to open a US Bank Account in Malaysia”

    Just dropping by to say that you have done a wonderful job by providing free solution for Malaysians to PayPal problem. Kudos to you.

    I hope to meet up with you sometime to chat and share ideas. Once again, great job!

    To everyone’s success

    Matt Ng
    Internet Marketer

    Reply
  54. hongkiat May 15th, 2007

    Matt: Well, as long as you drink. I don’t see why not :-)

    Reply
  55. KennyP May 15th, 2007

    Hello Hong Kiat,

    Great post!

    Last time I bought many ebooks that tell me how to withdraw PayPal, but none of them is as details and easy as yours, I’m regretted now :(

    In the list of transaction charges, I saw one of them is “Card to Bank Account Transfer 2.00″, can we withdraw the money to any Malaysian local bank?

    Thanks

    KennyP

    Reply
  56. azrin May 15th, 2007

    Paypal still needs you to VERIFY YOUR CARD. VMI CARD IS NOT A DEBIT CARD. It’s just a maestro ATM CARD. Use your BSN CARD to verify (alot of hassle)…otherwise, a few others can. Problem is… the PBE,AM NEXTG cards are also having problem. I did state that on my site!

    Be careful!

    Reply
  57. huei May 18th, 2007

    how come when I click on Withdraw, then on “Transfer to Bank Account”, it will redirct me to the add bank in US page? I can’t pick a bank account.

    Reply
  58. huei May 18th, 2007

    Sorry stupid question x(

    Reply
  59. she_ra May 21st, 2007

    hie. kinda silly Q — i have just signed for paypal. but whats 16 digits paypal ID. how do i find it. tq.

    Reply
  60. Speed May 22nd, 2007

    You really provide a details how to withdraw money with paypal and clickbank which many malaysian are suffer on this problem. You have counter it! Great!

    Reply
  61. SoleP May 23rd, 2007

    There are many VM Card distributors out there that will ship immediately. Email if you want a card asap

    Reply
  62. AMW May 23rd, 2007

    You can get the VM card on ebay for $4.99 and it will ship anywhere in the world. This card is amazing I just ordered it a month ago off ebay and it works like a charm with my paypal account. Go to ebay and type in item Number 200112146362. It was shipped immediately. Good Luck.

    Reply
  63. nono May 23rd, 2007

    I’ve add my card into PAYPAL, and also transfer my money from PAYPAL into my
    VMI ATM Card today, and now still under pending..

    But the problem is this currently BANK A/C can’t be verify ..
    What happened?
    PAYAPL did not send that two small amount to my BANK A/C :(

    WHAT SHOULD I DO FOR NEXT?

    Reply
  64. AMW May 23rd, 2007

    It sometimes takes a day or two for the small deposit to enter your bank acct. Once your paypal acct is verified then you can use VMI to withdraw paypal. Go to ebay to get your VMI Card. I just ordered another for my family member. Good Luck.

    Reply
  65. nono May 23rd, 2007

    Thanks for your guided .

    AMW,

    I really appreciated what you told me ..

    Thx..

    Reply
  66. mazher khan May 23rd, 2007

    Dear friend am from india and i would like to know if any posibilties to get VMI card to india and also i would ike to know if it works in india to withdraw from paypal hope you guys will help me lots am having truble coz of paypal as i said am from india working for some us companies they are paying me with paypal and i can’t withdraw it how couldi get that card if its work for me to get paypal money to india and where i can get this thanks in advance brothers

    Reply
  67. chriiskong57 May 23rd, 2007

    Hi AMW,
    If we buy from ebay item Number 200112146362 do you still need to send the following information back to the seller as what Hong Kiat has done (to millie[at]mooncash[dot]com) for activation of the card when we receive the card ?
    Virtual Card number
    First Name
    Last Name
    Birth Date
    Telephone
    Address
    City
    State
    Zip
    Country
    Government ID number

    or is the card ready for acticvation online straight away without sending back the info again to Andrew, the seller?

    Reply
  68. AMW May 24th, 2007

    Yes, you have to have the information in order for the VM seller to register the card and then when you received it you activate the card at virtualmoneyinc.com. You have to activate it because you are going to give your account a pin number and you will be the only one to know it. The cards are still available on ebay. Just type in virtual money atm/debit card in the search and it will come up. good luck.

    Reply
  69. nono May 24th, 2007

    I’ve received a mail from PAYPAL today..
    Why my ATM card account can’t be verify at this time?

    look :

    Dear nono,

    Hello my name is Fiona, I will be happy to assist you with your question
    regarding your PayPal account.

    We apologize for the delay in responding to your service request.
    Your bank account is US bank or not .Only US bank account can be
    cofirmed at this time .
    Please notice that, your withdraw will be marked as “Completed” even if
    their is something wrong with the receiving bank account. There will be
    another transaction record in “History” tab to show the returned
    transfer by your receiving bank.

    Please notify us if you have not received the withdraw amount in your
    bank account (or have it back in your PayPal account) within 15 business
    days. In this case, we will request a trace to the bank for you. Bank
    account statement may be required from you to assist the confirmation.

    Thanks again for contacting us, and thank you for being part of the
    PayPal community.

    Sincerely,
    Fiona
    PayPal Global Services
    PayPal, an eBay Company

    Copyright © 1999-2007 PayPal. All rights reserved.
    Consumer advisory- PayPal Pte. Ltd., the holder of PayPal’s stored value
    facility, does not require the approval of the Monetary Authority of
    Singapore. Users are advised to read the terms and conditions
    carefully.

    Reply
  70. hongkiat May 24th, 2007

    Hmmm, I heard once that PayPal hardly communicate with users via e-mail. And this email Nono receive, not only it has a typo (cofirmed), also I noticed some local ways of english writing (Your bank account is US bank or not)

    :-)

    Reply
  71. nono May 24th, 2007

    To: hongkiat,

    Then how?

    My PAYPAL transaction there show is compete already.

    But PAYPAL still haven’t l deposits that 2 small amount and let me become eligible for Direct Debit!.
    :(

    Does your VMI a/c in PAYPAL there is comfirmed?

    Reply
  72. mei ling May 25th, 2007

    PAYPAL has already blocked Southwest Bank,
    all debit card will be inefficient.

    Reply
  73. Mango May 25th, 2007

    what?south west bank already block?then how?i just apply the VMI card!my god..still got any other solution for withdraw direct from paypal?

    Reply
  74. Mango May 25th, 2007

    if the South west bank is block by paypal,still got any other way to withdraw out the money?

    Reply
  75. Mei Ling May 25th, 2007

    Dear Mango:

    yes, Paypal replied me by mail said they’ve blocked Southwest Bank,
    any debit card account you register in PAYPAL won’t be confirmed nowadays.

    Reply
  76. Mango May 25th, 2007

    Damn! any other solution to withdraw paypal money directly?

    thanks Mei Ling for you info, anyway, i will still try after i get my VMI card.is in the ship now.

    Reply
  77. AMW May 26th, 2007

    I have the solution for all who have a paypal account and you can tell everyone to go this route. Go to ebay and buy a VM card for $4.99, then once you receive the card activate it and the person on ebay that sold you the card will allow you to transfer money to his paypal account and he will then load your VM card. I have done it and it works perfect. Go ebay and type in Virtual Money Debit Card and it will pop up. This is the best solution going as paypal and VM are not working properly together at this point. I will answer any other questions you may have.

    Reply
  78. colbert May 26th, 2007

    guys take note an eTrade accounts. they charge USD 160 per year to maintain.

    Reply
  79. Rene June 1st, 2007

    To colbert: WHAATTT??! USD160 per year? XoX

    Reply
  80. John June 2nd, 2007

    Could anyone confirm Paypal has blocked Southwest Bank to withdraw money from paypal?
    Or they just blocked Southwest Bank when you register in PAYPAL to get verified?

    Reply
  81. AMW June 2nd, 2007

    Papypal has not blocked VM or Southwest Bank. You cannot verify your account with VM but if you have a bank account that verified your paypal account you can add VM to your account and withdraw straight to your VM account. Go to ebay and find the cheapest VM cards on the net. I already got one and it was shipped immediately. Just type in Virtual Money in the search and it will show up. Hope this helps and good luck.

    Reply
  82. manhunt June 3rd, 2007

    To AMW, is it true that card is only $4.99??

    To hongkiat, is it possible this card still can be use to withdraw paypal?

    Reply
  83. manhunt June 3rd, 2007

    To AMW, is it true that card is only $4.99??

    To hongkiat, is it possible this card still can be use to withdraw my paypal?

    Reply
  84. hongkiat June 3rd, 2007

    manhunt: yeap, you are still able to do it with VMI.

    Reply
  85. AMW June 4th, 2007

    Yes they are still available on ebay and yes they do withdraw paypal. Go to ebay and type virtual money card into the search and you will be set. good luck.

    Reply
  86. Joe June 4th, 2007

    To AMW…i cant mesage him on Ebay..he used id – soleprovideriowa..right??do you have his email??

    How long it will ship from US to malaysia you order from this man AMW?

    PS: sorry to ask many Q’s .

    Reply
  87. Joe June 4th, 2007

    To AMW…i cant mesage him on Ebay..he used id – soleprovideriowa..right??do you have his email?? Because i have an ebay accout too and it need me to verify by credit card to send mesaage to him..and i dont have…

    How long it will ship from US to malaysia you order from this man AMW?

    PS: sorry to ask many Q’s .

    Reply
  88. 'Amer June 5th, 2007

    Hello, If i opened an e*trade account and use it for less than 11 months, can i close it easly?
    A question for e*trade holders; Is there an option in e*trade online account website that let me close it anytime i want or must call them or mail them to do so?

    Reply
  89. AMW June 5th, 2007

    you can email AMW at awoodley@soleproviderusa.com
    He is the best online customer service I have ever used. Good luck.

    Reply
  90. Mango June 6th, 2007

    i get my VMI card last week buy from ebay, and the seller Awoodley have the service to add funds for the card by sending him money by paypal,although we can’t add funds to card directly, who have try before this adding funds service b him?is him can be trust?i worry about my money by sending someone money with you don’t know.

    Reply
  91. AMW June 6th, 2007

    It is not his job to fund the card. you can use other ways to fund card. you can withdraw your own paypal to the card. good luck

    Reply
  92. johnnyfox June 6th, 2007

    I bought my VMI card from their local agent, RM105 (approx. USD30). No need to worry about high postage and exchange rate. Those interested could contact Mr Chong(mykopitiam@gmail.com). I paid mine thru Maybank2u.

    Reply
  93. Mango June 6th, 2007

    i though paypal has block VMI card?how can’t i add funds directly from paypal?

    Reply
  94. EW June 6th, 2007

    To: HongKiat

    1. I’m Indonesian, I put my real information, address, country, etc, when sign up to PayPal, but when I try to withdraw money, I cannot.

    2. I think it will be useless to open VMI Bank Account if PayPal know my country is Indonesia, because Indonesia cannot withdraw money. What do you think of that?

    3. If I have my #1 Paypal account (country:Indonesia), can I send money to my #2 Paypal account (country:singapore,my address is Indonesia but my country I write Singapore) And after that, from my #2 Paypal account, I withdraw money.
    What do you think of that?

    Thanks a lot Hongkiat.

    Reply
  95. AzlinM@n June 7th, 2007

    Johnnyfox2u: the email given by you was wrong la. It should be mykopitiam118@gmail.com. How come you got it for RM105? Mine I got it at RM110 few weeks ago.

    Reply
  96. Mango June 7th, 2007

    hi Azlin,since you already have the VMI card,can you using it to withdraw paypal money by using HongKeat way?

    Reply
  97. AzlinM@n June 8th, 2007

    Mango, I’d problems adding the card to PayPal earlier too and my agent help me to do the correspondence with their counterpart in US. After few email ‘ding dong here and there, at last I got it solved. Now I’m able to use the card as normal as what HongKiat wrote.

    Reply
  98. Mango June 8th, 2007

    hi Azlin,thanks for you reply.do you have any email or msn to contact?i need to know more about it. thanks you very much Azlin.

    Reply
  99. iCalvyn June 10th, 2007

    Nice tips, this is a good knowledge for me…thank alot

    Reply
  100. FMNG June 11th, 2007

    i have add bank account in paypal with my VMI card by Hongkeat way,i withdraw 100usd to my card,and the status is completed,until now already 1 week,but i still haven’t receive the my withdrawer yet..am i miss any step?

    Reply
  101. Ronald June 12th, 2007

    what’s going on here? I withdraw to my vmi too last week..still haven’t receive it in my vmi account. is it still withdrawable? my last few withdraws only took 2-3 days for it to showed up on my vmi acc.

    Reply
  102. RR June 12th, 2007

    Sorry to sound dumb here, but what’s my “Government ID number”?

    Reply
  103. Mango June 13th, 2007

    i have try to withdraw funds to my VMI card, after a week waiting, the payment is revesed to my paypal.

    “This bank account has been disabled for use on the PayPal site. Please use a different bank account.”

    Reply
  104. James June 14th, 2007

    Hong Kiat, Thanks for the info. I really appreciate this. Keep up the good work. I’ll keep supporting your site by supporting your sponsors and adevrtisors. Cheers.

    Reply
  105. kahwee June 14th, 2007

    hi just wonder still have any problem to withdraw paypal using this method? while what the rate now to withdraw paypal using this method? how much for me to get this card include postage to malaysia

    Reply
  106. Teh June 15th, 2007

    Hi Hong Kiat,

    Is this still works for Business Account in Paypal ?
    Thank you.

    Reply
  107. kahwee June 17th, 2007

    Routing Number: 111900756
    just wonder is everyone the same or diffrent?

    Reply
  108. Simmy June 18th, 2007

    Thanks for the tip hong kiat,

    just about last week i tried transfering funds to my VMI account, after reading Mango’s comment i was worried that it wouldn’t get through to my VMI account, but i just checked and it got through ! I haven’t tried withdrawing it but i’m going to do so later on,

    thanks again ! great job !

    Reply
  109. mango June 19th, 2007

    hi Simmy,glad that you VMI card can use in paypal,where you bought this card?
    is that from ebay by Andrew Woodley?

    Reply
  110. mango June 19th, 2007

    sorry, Simmy, one more question, is your paypal account is verify under Malaysia account?

    Reply
  111. ptit June 21st, 2007

    Last i also successfully widthdraw money from Paypal. using VMI summore…no problem at all..My paypal is verify under malaysia account.

    It takes at 5 working days to process, approximately 1 week if include weekend.

    Good Luck.

    Reply
  112. Choong June 23rd, 2007

    Hi, is there anyone tried to open an Singapore’s account for this purpose ? I have open one last 2 weeks with HSBC singapore, and they send me a debit card last week. My plan is deposit my paypal money into my singapore account and withdraw it from the ATM in HSBC malaysia. Anyone have done this before ? It this work ?

    Reply
  113. Inkash June 27th, 2007

    I am from Romania and we are facing the same problem with paypal.I only have one thing I dont understand,if im not able to add a bank account to my paypal account how will I be able to add an online bank to it?Why do I have to add this account to the paypal,I though I just need to send a payment to the virtual card and then withdraw the cash using that card.Is paypal allowing to add an online bank account even though its not possible to add a regular bank account for withdraw purpose?I hope i made myself clear,thank you for this nice blog and good luck everyone!

    Reply
  114. VMI AVAILABLE IN KL July 4th, 2007

    VMI Virtual Money ATM/Debit Card available in KL, please email choong.michael88@gmail.com.

    Reply
  115. Mayor July 11th, 2007

    Detail betul info kat sini, baru nampak skit cam ner nak withdraw dari paypal, anyway thanks…

    Reply
  116. epit July 12th, 2007

    It’s the easiest and cheapest way to withdraw money from Paypal ?

    Reply
  117. Ree Nee July 14th, 2007

    So, is Southwest Bank blocked or what??? Can we still use it to withdraw funds from paypal? I heard a lot of people saying that VMI did not send their money to their ATM? Can someone please enlighten me on this, thanks. Planning to get a VMI card soon but want to be sure first.

    Reply
  118. YT July 16th, 2007

    Hi Ree Nee, i’m using tis card for months now. I’ve withdrew few times and my last withdrawal was on the 13/07. I think most of them failed because they didn’t provide real/legal name when they registered to PayPal & VM. Also, you must have your Creditcard verified by PayPal and please ensure your creditcard address exactly as the address you registered with PayPal & VM later. As you aware, Paypal operates on the most secure platform and they not going to simply allow anyone to withdraw the fund if the person name, Credit card and addresses not matching in any way. Good luck.

    Reply
  119. Ree Nee July 16th, 2007

    YT, thanks, will try to get the card ASAP. Did you get it for $4.99 from SoleProvider or from VMI itself?

    Reply
  120. Rain July 22nd, 2007

    Hello, thanks for the info.

    Is SoleProvider trustful person?

    Also why is the monthly account fee is different in place and place? I found VMI reseller that say $4.5 is monthly fee, but here you say $2.70. That’s big difference, isn’t it?

    I live Mongolia (Asia), is this gonna work here?
    $5 for withdrawal from ATM? that’s quite high.
    But it’s the only way to withdraw money from my Paypal.

    What is Government ID?

    Reply
  121. YT July 24th, 2007

    Hi Ree Nee, USD4.99 just an introductory price and you won’t be able to get it anywhere in the world right now. I got mine at USD30 but I heard some promo running right now. You may want to contact vmi.mal@gmail.com directly.

    Rain, I would reckon you to contact vmi.mal@gmail.com directly and they are able to provide you all the info.

    Reply
  122. dheerendra gautam July 25th, 2007

    hello everybody…
    I am from India…

    would like to know that can I still add this bank account which is given in the blog to my paypal and use this to draw money to my VM card. I have already got verified on paypal using my credit card..
    * Bank Name: Southwest Bank
    * Account Type: Checking
    * Routing Number: 111900756
    * Account Number: (8) + (Last 9 digits of your card number)
    * Re-enter Account Number: (8) + (Last 9 digits of your card number)

    some guys on the blog were saying that this got blocked. So if procedure
    has changed could you please tell me how to get my funds from paypal..
    thanks in advance

    Reply
  123. Ree Nee July 27th, 2007

    Southwest Bank is the bank VMI is under right? Can someone please clarify? Thanks!

    Reply
  124. suthan August 4th, 2007

    hey ther,

    i need to verify,

    can i or can i not this following method to get money in to malaysia?

    verify the account through nexG card..

    and get the VMI card, and transfer from paypal to VMI..

    is this option still open or is it closed?

    regards.

    Reply
  125. Oscar August 5th, 2007

    Hi, i can load funds to paypal from this card?

    Thanks

    Reply
  126. foshwa August 7th, 2007

    hi Ocar, you can load funds obtained from Paypal into this card.

    if anybody is looking for one, kindly contact to get one from me at foshwa@yahoo.com

    Reply
  127. CKLeong August 8th, 2007

    Thanks HongKiat, really good article and I’m so glad that I managed to withdraw my fund using VMI card via Maybank atm last night without problems. At last I can feel ‘real’ cash instead of looking at eCash. haha
    Anyway, so sorry as I didn’t get it from Milie tho but thru vmi.mal@gmail.com as recommended by few forumers. Very nice chaps and got my parcel within 24hrs. He then guided me stepbystep and most importantly the card works for me in Malaysia.

    Reply
  128. suthan August 8th, 2007

    i got it from foshwa@yahoo.com . It seems millie dont accept paypal anymore. surprisingly, her account got limited !!

    this foshwa guy also not that bad.. this foshwa is actually his sdn bhd name. his real name is ray.. i always thought it is some weird name his parents gave him.

    guess there is a lot of vmi suppliers here huh?

    Reply
  129. eugene August 8th, 2007

    hi guys,

    not advertising here. i got a email and redirect to this website.http://easywithdrawpaypal.com/us-bank/home.html.

    It seem they have a very good and 100% for getting a us account and debit card withdraw.

    I need some comments if it is reliable??? has anyone use it yet??
    hongkiat can u advice on this?

    thanks

    Reply
  130. Imanuel August 15th, 2007

    Thanks for your information. I learnt this from you. I live in Indonesia, I have same problem with PayPal about how to directly withdraw money from PayPal.

    Reply
  131. Hans August 16th, 2007

    Thanks for your valuable information.

    Reply
  132. oren August 21st, 2007

    last week I attempted a withdrawal from an ATM. I never received any funds; however, when I check my card balance money was taken from my vmi acount . the problem i didnt saved RECEIPT . i did mailed and fax virtualmoneyinc few times . any idea how long this can take . and does anyone here ever had this problem .

    Reply
  133. Internet Marketing Home Business August 23rd, 2007

    Hi Hong and fellow entrepreneurs,

    I am now officially the Sole Provider for VMI cards in Malaysia and hopefully Asia too in future. My website will be launched soon. If you need any VMI cards immediately, I can spare a few now as I still have some left before the next batch comes into Malaysia. Please mail your details to VirtualMoneyAsia [at] gmail dot com

    For the moment, only my subscribers get first priority in getting the cards.Once launched, it’ll be selling at $30 per card + $2(delivery within M’sia). All my customers will receive a free ebook manual on how to activate VMI card, apply for paypal and withdraw money into your VMI card.. For international delivery, I am still working out the cost with DHL and Post Laju. Payment is via 2CO credit card or direct bank in. Paypal is accepted if requested.

    The official launch is not confirmed yet. Will keep you posted.

    Matt Ng

    Reply
  134. Cem August 23rd, 2007

    We regret to inform you that this account has been locked. Please contact our Account Review Department at appeal@paypal.com.

    Message 3018

    i seem this message on my screen.

    my all money dead.

    thank you hongkiat.com !

    Reply
  135. pikey August 23rd, 2007

    wow~~ thanks a lot.. this is really useful~~

    Reply
  136. Jenny Low August 27th, 2007

    Hello everyone.
    Beware of this. My paypal was suspended because of VMI. I called soon after my acct was frozen coz I thought my acct was hacked. Paypal spokesman says the are banning and freezing VMI holders in batches coz the account is not the same. Please PAY ATTENTION.

    Paypal stated your name must match the beneficiary name in the USA bank. VMI is not under your name. It is under their name. They confirm many people got scammed especially if you have tons of money. Next thing you know, your money is gone.

    GO and email and CALL PAYPAL NOW. They can explain upfront. Ask them if your name and the beneficiry bank in not same , will your account be suspended??

    Im just lucky to know this and unlucky to get into this situation.

    Thats all I wanna say.

    Jlow

    Reply
  137. Danny Foo August 28th, 2007

    I was wondering when someone was just going to release this information freely…soon. :)

    Though it is important to note Jenny’s comment here as well.

    Hong Kiat, mind clarifying the above and if you have had problems..?

    Reply
  138. azman September 18th, 2007

    So, after above explanation by Jenny Low…. can we really use VMI to withdraw from PayPal?
    is she has done something wrong??

    Reply
  139. Amer September 19th, 2007

    Hi everybody,
    VMI accounts works perfectly to withdraw money from Paypal to the Card, for me it only takes 2-3 Days everytime i withdraw money from Paypal to VMI Card, and then Instantly use my VMI ATM from any ATM machine to withdraw Cash money.
    Iam an authorized agent of VMI ATM Cards, i sell at an excellent price and ship very fast by DHL worldwide.
    My Price is: 15USD for the VMI ATM Card + 25USD DHL Shipping fees.
    Total is : 40 USD to get your VMI Card.
    Please if you interested contact me at: amjzho@gmail.com

    Reply
  140. Mr Henree October 18th, 2007

    I belive now malaysian can w/d the fund via visa cards.

    Reply
  141. - r y u - November 30th, 2007

    This is a very informative post. Thanks :)

    But I find the fees for the VMI card rather expensive >.<

    Reply
  142. ajacx December 10th, 2007

    can we use visa public bank to kuarkan duit?

    Reply
  143. eddyra December 14th, 2007

    Boss, this entry still valid or not?

    Thankss

    Reply
  144. Johan January 16th, 2008

    Note VMI changed bank info!! Check your VM web site!

    Has anyone been able to us VM with Paypal since they started using the new bank account?

    J

    Reply
  145. Chris January 21st, 2008

    HELP !!

    Hey guys,

    i have a problem with Paypal on the VMI card. My Paypal account is freezed now. Here’s the mail from Paypal :

    We’re sorry, but your account access limitation cannot be lifted at
    this
    time. We need more information about your account before we can restore
    full access to your account. Please complete the steps below so that we
    may
    review your account further:

    -Please remove the Southwest Bank and Arkansas Valley State Bank.
    According
    to our policy we do not allow use such bank. If you can not remove
    them,
    please authorsize us to remove them.

    Sincerely,
    Jessica
    PayPal Account Review Department

    So how ? Stuck now

    Reply
  146. chris ng February 8th, 2008

    i don’t have credit cards at all,can the cards verify me?
    cause my limit in paypal already exceeded usd$1000 limit..
    Any1 pls help me on this.Thank’s!

    Reply
  147. dynn February 15th, 2008

    chris ng,

    Yes …you can use VMI to verify your paypal…some more…u also can use Publick Bank Debit Visa card to verify too.

    Reply
  148. Kevin February 22nd, 2008

    So is this Virtual Card thingy still ok? Or has paypal actually banned it? After reading Chris’s response in this blog, I am wondering what’s going on.

    No matter what, Hong Kiat’s description really damn cool…

    I also understand Singapore has this “Virtual Office” thing where you can withdraw also… read that somewhere… but damnit… so expensive the charges… they purposely do this to kill Malaysians man… haha

    Reply
  149. rahimah February 24th, 2008

    Hi,

    I am new. I would also like to know whether we can still withdraw from paypal. I am a bit curious after looking at all the responses .

    Reply
  150. Edward February 25th, 2008

    @rahimah : Yup sure Public Bank Debit Card works well to withdraw the $$$

    Reply
  151. Kevin February 28th, 2008

    Hey Edward,

    How does that work with Public Bank Debit Card?

    What do we need to do? Please elaborate… I believe Rahimah and I are quite new with these sort things

    Thanks

    Reply
  152. Edward February 29th, 2008

    Hi Kevin,
    maybe this post is what you are looking for :
    http://www.adesblog.com/2007/10/07/paypal-withdrawal-with-publicbank-debit-card/

    Reply
  153. dakmatt March 23rd, 2008

    Hi all,

    Instead of using publicbank debit card, can we use other debit card?

    1. Maybank debit card?
    2. Ambank nextG debit card?
    3. Alliance debit card?
    4. Affin debit card?
    5. Or any other debit

    Because as per day Q12008, a lot of our bank in Malaysia already promote debit card. I believe the trend will continue up to next year.

    Furthermore, has paypal allow us to use the our local debit card to withdraw the money ? I just found this here.

    http://internetmoneyblog.com/how-to-withdraw-money-from-paypal-in-malaysia/

    Is this true? I have check in the paypal.com , but couldn’t find one.

    https://www.paypal.com/row/cgi-bin/webscr?cmd=_update-policy

    Please help to verify..

    Reply
  154. Jaume March 27th, 2008

    I am considering purchasing the Virtual Money ATM card.

    Is the monthly cost applied by natural months or 30 days periods?

    If i apply now, would I have to pay for March fee?

    Reply
  155. Anonymous April 11th, 2008

    Everyone take attention PLEASE! Is this site trying to SCAM? According to Jenny Low, the name that you register will be under their…

    Reply
  156. Mr Slim April 27th, 2008

    hi thanks for the information this is very useful!

    did any one here using public bank debit card for paypal?

    Reply
  157. Nguyen May 8th, 2008

    This works great. I got my card from a company called Sole Provider USA (soleproviderusa.com). This is not just PayPal card, but good for money transfer and bank wire. Thanks for detailed post.

    Reply
  158. Jayz October 17th, 2008

    Hey Question, when you get paid by US companies in USD, do you get charged a cross-border transaction fee???

    I am being charged 3.9% + 0.30 USD!!!

    Are your accounts registered as “Malaysian” Paypal accounts?

    HELP? How do I save money? I seem to be losing a lot with every transaction!

    Reply
  159. Coolstuff November 27th, 2008

    Wowowowo.. That is tre cool dude. very good, love the screen shots.

    Reply
  160. Albelito Belarmino December 25th, 2008

    I would to request info. about to open Pay pal account in Malaysia
    I wait your reply,
    Albelito Belarmino

    Reply
  161. luqman January 31st, 2009

    I want to know if this account meaning we have bank account in US and can receive commission payment through this account number?

    Thanks

    Reply
  162. xaer8 March 10th, 2009

    Is this updated? I just read few articles saying that Paypal banned VMI for asian customer (dated 2007 mostly). It will be a great news if this service still available. Please highlight. Thanks in advance!

    Reply
  163. manz April 28th, 2009

    I canot enter to VMI website. Does it means no more in service? banned??

    Reply
  164. Rahman Hassan June 11th, 2009

    thanks for the tutorial. how much did it cost annualy??

    Reply
  165. asiasbest July 27th, 2009

    Hello …

    I was in the midst of processing my VM card until I stumbled upon this site and the many out there. You cant USE VM card anymore. Do not waste your money. Take the advise of those using local Debit/Credit cards. You still have to pay USD$5.00 per transaction. My conclusion is : this or nothing for now.

    Another thing. Do not buy from 7stepsmoney, Derric Ch’ng, self proclaimed Malaysia’s own guru from PJ. He charges RM88 for his ebook which is outdated and he doesnt provide support as mentioned. He’s an irresponsible idiot who doesnt deliver.

    Cheers!

    Reply
  166. Hair Drop October 7th, 2009

    wow thanks for the great tips..very detail explanation!

    Reply
  167. Lee October 24th, 2009

    Hey im a biginner for online business and i need someone to guide me. I would appreciate your help please help me. I believe it changes my life. add me at msn messenger blackjack_93@hotmail.com

    Reply
  168. LucasM October 28th, 2009

    you can withdraw to your credit card (any credit issued in malaysia). There is less hassle compared to the step above.

    The only draw back is there isnt any cash that you are withdrawing. All the cash withdraw will be credited into your credit card.

    So your credit will become excess payment. You can spend and use for other large transaction. I have been using this for years. The withdrawal fee each time is fixed (5USD). You can withdraw up to 2500 USD. In the begining they only let you withdraw max 500$. After sometime, they will increase your withdrawal limit

    Reply
  169. Shah November 10th, 2009

    Paypal has make it easier for us in Malaysia. Direct bank transfer, no more buying this debit card. Please read on my link for more details.

    Check out my details post with picture below. Thanks HONG KIAT!

    http://technologystolen.blogspot.com/2009/11/withdrawdirect-transfer-your-paypal.html

    Shah

    Reply

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