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Yes, I love this feature ~ Maybank cash withdrawal request online via M2U Online Stocks. If you invest stock with banking online trading like Maybank and Public Bank, you will have another current account for your online stock trading. You need to transfer money into that current account from saving account in order to buy stock. You can transfer in money easily with online banking. However, you cannot withdraw money out from that stock trading current account via online banking. You need to submit form (or fax it) in order to withdraw it out. It is a slow manual steps.

But that’s an old story for Maybank. Maybank allows us to withdraw that account money online via M2U Online Stocks now (I just notice it today, did not use Maybank Online Stock Trading for long time).

Yes, managed to get out RM201.17 that I put in 3 years ago. I got another question… When will Public Bank implement this kind of feature?

Yeah… A great news for Malaysia PayPal users. Now you can withdraw PayPal funds to local banks for FREE. I have some funds in PayPal from ADSDAQ. Before this, I planed to use the fund to pay US hosting fee or buy online stuffs from US. But now no need to keep so much fund in PayPal already. I can withdraw them easily.

PayPal_Withdraw

All the while, the only way to get PayPal funds out was using credit card or charge card. And there is USD 5 fee charges (RM20 now). But who want to withdraw to card when you can get it free (>RM400) or pay RM3 fee (<RM400) to local bank?



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