Access to PayPal using Singapore Bank Account
These are some tips whereby you can have a PayPal account and can still get your money via PayPal into your banking account in Singapore.
Opening a banking account in Singapore
a. Get your Malaysian bank account statement from any of your local banks;
b. Bring your passport and prepare S$500.00 cash to open a Singapore account;
c. Preferably, go to any bank with branches in Malaysia to open your bank account.
d. Apply for online banking to enable online transactions at the same time.
Sign Up a PayPal account
a. Sign up with a Singapore address, as Malaysian address is not acceptable yet.
b. If you wish to be able to send unlimited money via PayPal, they will ask for your credit card verification code. They will charge you USD1.95 into your credit card.
c. Then wait till you get your next credit card statement, find the code and verify your PayPal account with this code.
d. After that, you are all set to send, receive and transfer money using PayPal.
