Latest Breaking news! Here’s the latest update on PayPal Supporting Malaysian Ringgit (MYR), now, the final piece of the puzzle is finally completed. You can officially link up your PayPal Account (Start selling online now) to a Malaysia Banks (or Overseas banks operating in Malaysia, basically via the MEPS network).
Step 1 – Login to your PayPal Account, Go to Profile > Add / Edit Bank Account
Step 2 – Fill in the account details. If you are not sure about the Bank Name and the MEPS bank routing code (aka SWIFT code, a special code required when you do Telegraphic Transfer), just click on the details link. Seems like there are 21 banks on the list. (Including Bank of America !? never know BOA have a Malaysia branch)
Step 3 – Confirm the details and you are done!
Step 4 – You will receive an email notification on PayPal too upon successful update.
Malaysia Bank Routing Code (also known as SWIFT Code)
Here are the bank numbers for some of the major banks in Malaysia.
Bank Name – MEPS Bank Routing Code
AFFIN BANK BERHAD – PHBMMYKL
ALLIANCE BANK MALAYSIA BERHAD – MFBBMYKL
AMBANK BERHAD – ARBKMYKL
BANK ISLAM MALAYSIA BERHAD – BIMBMYKL
BANK KERJASAMA RAKYAT BERHAD – BKRMMYK1
BANK MUAMALAT BERHAD – BMMBMYKL
BANK OF AMERICA – BOFAMY2X
BANK SIMPANAN NASIONAL – BSNAMYK1
CIMB BANK BERHAD – CIBBMYKL
CITIBANK BERHAD – CITIMYKL
DEUSTCHE BANK – DEUTMYKL
EON BANK BERHAD – EOBBMYKL
HONG LEONG BANK BERHAD – HLBBMYKL
HSBC BANK MALAYSIA BERHAD – HBMBMYKL
MALAYAN BANKING BERHAD – MBBEMYKL
OCBC BANK (M) BERHAD – OCBCMYKL
PUBLIC BANK BERHAD – PBBEMYKL
RHB BANK BERHAD – RHBBMYKL
STANDARD CHARTERED BANK MSIA BHD – SCBLMYKX
THE ROYAL BANK OF SCOTLAND BERHAD (RBS) – ABNAMYKL
UNITED OVERSEAS BANK – UOVBMYKL
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