Me, Debit Card and Al Rajhi Bank

In previous post i share with you about my PayPal experience. Let's see what do we do next :)

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I have got the funds, now how can i withdraw the cash? PayPal requires Visa credit/debit card. I already own two MasterCards (1st one is for retail purchase/bill payments, 2nd one is for fuel), so i don't think it's a need for me to add another CREDIT card. Therefor i decided to get a Visa DEBIT card for PayPal withdrawal purpose only. I am interested on trying Debit Card offered by Al Rajhi bank so i rushed myself there.

It is amazing how fast the procedure is. You need to open an account with them with minimum opening amount of RM20. Within 10 minutes the cards is ready to be used. Oh ya don't forget to ask the officer any related fees. Make sure you only make withdrawals via Al Rajhi ATMs only, otherwise you will be charge RM4 for withdrawal fees via other banks ATM.

Ok i m done with the card issuance. Then what i need to do is to add this card into my PayPal records as withdrawal card. Easy. You will be charged RM1 from Al Rajhi for this linking process. I think it is affordable, considering the service is very good.

So i instruct PayPal to withdraw the funds into my Visa Debit card. You will be charged RM16 (by PayPal) for this service. According to PayPal, it needs around 5-7 business days for the money to be available in my Debit Card.

However, i already got my funds on 3rd day! So fast. Being international bank do gives special advantage to me as their customer. It is a good experience especially when we learn everything from scratch.

Do you have any questions or comments? (^-^)

Love,
Nur

Ladies, It's Time To Remove Your Moustaches!

Today i just finished writing a Book on how to remove unwanted hair above your upper lips. It is 9-pages-lenght, written in Bahasa Malaysia. I learned the technique from my roomate during my college years.

I know how it feels when people staring at your moustache instead of your eyes. It hurts isn't it?

I sell this step-by-step guide at RM20, very cheap compared to the value of self-esteem that you will get. You also can purchase it to give to your friends as a gift. It could be very meaningful to both of you as the 'moustache problem' can finally solved.

Emel me at adia_aqua@yahoo.com or click h e r e to purchase the book and learn how to remove your lady's moustache in GUARANTEED cheaper, easier and safer way!

Update: On July 2009, i have set up a blog regarding this guide. Kindly visit http://wanitabermisai.blogspot.com for more information or to ask questions. (^-^)

eBay, PayPal and Me

Salam and Good Day!

For past 3 weeks i m handling a customer from Canada. I supposed she browse into ebay.com.my since that is the only way she could reach Malaysian eBay stores (i did not list my store for international trade because i want to save money from listing fees - eBay Malaysia is FREE). Probably she knew the strategy to get cheap items by browsing directly into Asian eBay sites because usually items listed in eBay.com/eBay.uk/eBay.au is far more expensive than Asian stores. Smart eBayer!

She ordered 2 items and ready to pay via PayPal. Being first-time handling cross-border transaction, i was quite worried and panicked on how to charge her. I know the transaction only could be done via PayPal but, what about PayPal fees?

After few hours of studying the Paypal fees and with help of a calculator, i manage to come out with a formula so that what i get is still nett payment (not eaten up by PayPal charges). Here's how:

Step 1
Login to your Paypal account. Look out for tab 'CURRENCY CONVERTER'

Step 2
Using its currency converter, convert the total payment (items price+shipping cost) in MYR into USD -> X

Step 3
Simply use this formula:
[(X*4.5%)+USD5.30] + X -> Y

Hence, total payment that i have to charge the buyer is: (Y)

*Tip: To double check whether the result is correct, kindly use this formula:
Z - [(Z * 3.39%) + USD5.30] = X

This way i dont lose my profit to PayPal.

And within a day she send the total payment to me. I make around 85% NETT profit with this single transaction (^-^)

See you soon for another great sharing!