RHB announced their collaboration with PayPal today. Now we can top up our PayPal fund via RHB Internet Banking from our RHB Current or Saving account. Topup instantly, means the fund will be instantly credited to our PayPal account.
Only two currencies available right now, that are Ringgit Malaysia (MYR) and US Dollar (USD). But top up in Ringgit Malaysia (RM) can only be transferred to a Malaysian registered PayPal Account only.
The limit for daily transaction is at RM3,000 only.
Is it FREE?
- The service is FREE for all RHB customers who top up from RHB Internet Banking.
- For a transfer made in other foreign currency through, the currency exchange rate used to convert the remitting funds from Malaysian Ringgit (MYR) into your selected foreign currency will be higher than the Bank’s applicable rate.
- If we are topping up to a non-Malaysian registered PayPal account i.e. PayPal account in U.S. or Australia address, our PayPal account may be charged with cross-border fee which is subjected to PayPal’s User Agreement.
This is still new and in promotional phase. So be one of the first 10,000 unique customes to Topup at least RM250 via RHB Internet Banking, Spend more than RM250 on any purchase to get RM20 rebate into PayPal account!
I already have my PayPal account, but if you do not have PayPal account, click here to create it. Remember, this is only for Malaysian so use your Malaysian address 🙂
PS: This coming 26 October, RHB will have another great service via PayPal. Starting on that date, you can send money to anyone with email address. It is cool..innit?