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khimhong
22-01-2003, 05:51
Does Paypal actually accepts debit cards ?
digital.dream
22-01-2003, 06:42
I'm using DBS master debit card, and works fine with PayPal (about 1 year now), and other online payments...

Only thing, I never transferred money from PayPal to my SG bank account. Anybody have experience with it, and how much do they (PayPal, bank...) charge?
fred
22-01-2003, 09:43
I think paypal's withdraw fee is SGD $2.75, but make sure that you setup your bank account properly(in paypal). If the transaction from paypal to your bank is not successfull, they will charge a fee of USD $9 for the reversal fee.
digital.dream
22-01-2003, 11:33
fred,
after $2.75 PayPal charge, does local bank charge anything ?
royong
22-01-2003, 12:33
Have been trying to figure out how to get my money out of paypal as well .... it seems so difficult.

anyone knows what are the correct fields ?
Country: Singapore
Bank Name: ????? -> What should I key in here ?
Account type: Savings
Institution Code: ????? -> What should I key in here ?
Branch Code: ????? -> What should I key in here ?
Account number: ????? -> What should I key in here ? My account number in the format xxx-xxxxx-x ?

According to a reply by DBS/POSB ...
***************************
Dear Mr Ong

We refer to your email below.

From our understanding, Paypal transfer funds through one of the local bank using GIRO. However, you might wish to confirm with Paypal before initiating the transfer as there might be charges for unsuccessful transfers. For funds transfer through GIRO to POSB account, the information you can provide is as follows:

Bank Name: The Development Bank of Singapore Ltd
Institution Code: 7171
Branch Code: 081

We hope the above address your concerns and thank you for banking with DBS Bank.
*************************************

Which still leaves me wondering ... Is PayPal really using a local bank to perform a GIRO transaction ?
Anyone can clarify ?
fred
22-01-2003, 13:09
That is the answer i got from DBS also....

hi roy, may i know how do you contact DBS using email? i cant really find any email address, and last time their form mail not working also.

Thanks.
royong
22-01-2003, 13:15
Hee Hee...

I used their online form.

Login to your DBS Internet Banking and select Customer Service
Then select Contact Us then use the General Form ...
fred
22-01-2003, 13:23
hmmm.... i did it many times last time, and after i submit the form i keep getting 404 :-( will try again next time, thanks.
Heng Chai
22-01-2003, 13:29
Country: Singapore
Bank Name: The Development Bank of Singapore Ltd
Account type: Savings
Institution Code: 7171
Branch Code: 081
Account number: xxx-xxxxx-x (Without dashes)

They use something like international GIRO. Code IBG to be exact. It works. :D
Zoomer
22-01-2003, 18:30
Do I need a different branch code if my account is in a different brance or is 81 okay?
royong
22-01-2003, 18:34
I presume 081 is okay ... since in my conversations with DBS -- I did not tell them my branch nor my account number.
fred
22-01-2003, 19:52
if i remember correctly, 81 is the branch in raffles. I told them where my branch is....
Zoomer
22-01-2003, 20:52
Great, this will come in useful maybe sometime later. :D

Now, I stilll have to go through my list of "stuff that can be bought using paypal". See no reason for banks to make money off currency exchange yet. :D
khimhong
22-01-2003, 22:04
Originally posted by digital.dream
I'm using DBS master debit card, and works fine with PayPal (about 1 year now), and other online payments...

Only thing, I never transferred money from PayPal to my SG bank account. Anybody have experience with it, and how much do they (PayPal, bank...) charge?

So..DBS Master Debit Card actually allows online transactions ?
Heng Chai
22-01-2003, 22:20
POSB MasterCard Debit, not DBS.

Anyway, 081 is the general branch code for all POSB branches on DBS side (Since we don't enter POSB in the bank name, we re-route to DBS I guess). Our "real" branch code is the first 3 numbers of your account number but for paypal, you need to use 081 and enter the full POSB account number for account number.
khimhong
23-01-2003, 05:11
wow. I am getting confused. Is it the POSB MasterCard Debit or the DBS one ?
khimhong
23-01-2003, 05:24
i just made a call over to DBS Debit Cards department and fortunately, I called at such early times. Yes, both DBS and POSB are under the MasterCard network, hence, you are able to transact over the Internet - that was the reply given to me.
Heng Chai
23-01-2003, 10:05
Of course you can transact over the Internet. For VISA, their debit card is called Visa Electron and its not widely accepted online. For Mastercard, its just Mastercard regardless of debit or credit, its just how the bank works behind the scenes.
khimhong
23-01-2003, 21:58
So i conclude that mastercard debit can be used anywhere including online usage ?
Heng Chai
24-01-2003, 00:33
Yes. Anywhere that accepts Mastercard.
chin
24-01-2003, 20:09
I am using POSB Master Debit Card and is holding a paypal International account

I had tried transferring in the past and it works well, but the recent 2 tries I did failed...
khimhong
25-01-2003, 08:37
I had tried transferring in the past and it works well, but the recent 2 tries I did failed...

You might wanna call DBS for help ? Their hotline is 24-hours, that's what i like about cards' helpline. I can call them anytime i wake up (that's around 4-6am) and its as almost as immediate becuase no one would call them at that time. :p anyway, they've confirmed with me that internet transactions is possible if a DBS/POSB Debit MasterCard is used. I will talk to their customer officer very soon. Some time in 30 mins time.
dtrax
31-01-2003, 01:34
abit off topic but has anyone successfully got the money transferred from paypal to a local bank(i.e POSB savings account)?
khimhong
31-01-2003, 05:00
there is a charge for that.
Heng Chai
31-01-2003, 09:35
I've been getting my cash from Paypal all the time. Only got into trouble the first time because of an incorrect branch number.
khimhong
31-01-2003, 11:57
so you pay the processing fees and etc ? how is the process ? ur bank is posb ?
dtrax
31-01-2003, 12:24
oh ok...
cause i am using paypal for the first time and seen many complaints at paypalsucks and paypalwarning and i had just transferred funds to my posb savings yesterday and was alittle concerned about that :)
dtrax
31-01-2003, 12:40
Originally posted by sinnerzone
so you pay the processing fees and etc ? how is the process ? ur bank is posb ?
I paid the standard S$2.75 processing fee and i have a posb savings account
Heng Chai
31-01-2003, 14:07
I have yet to have any problems with Paypal. I think whenever you draw the funds out, your money is pretty safe already.
irishblue
12-02-2003, 15:24
hmm... I remember paypal used to have a popup window with all the institution and branch codes for the various banks when you want to add a bank account. Now it seems like its been removed :(
neorder
09-03-2003, 03:23
Originally posted by SG.GS
Country: Singapore
Bank Name: The Development Bank of Singapore Ltd
Account type: Savings
Institution Code: 7171
Branch Code: 081
Account number: xxx-xxxxx-x (Without dashes)

They use something like international GIRO. Code IBG to be exact. It works. :D

i wonder is it applys to all?
i am in tampines, so my branch code is still 081?
the institution code refers to what?

i emailed dbs, but never got reply yet. just wait and see.
dtrax
09-03-2003, 09:01
yes, it does not matter
neorder
09-03-2003, 10:07
can not leh.

i am a POSB debit card user. i tried and i get this:

You have entered an invalid bank account number. Please make sure the number contains no dashes or spaces. If your bank account number is less than 3 digits, please add a zero at the beginning.


the account number format is not right, it's not like what you said xxx-xxxxx-x


ok, get it liao... without dash!!

thanks!
dtrax
09-03-2003, 10:31
hehe neorder please read carefully:

Account number: xxx-xxxxx-x (Without dashes)
neorder
09-03-2003, 11:56
thanks, i figured out already, please read carefully my last few lines.

but really thanks.
dtrax
09-03-2003, 12:25
no worries, feel free to let me know if you have other problems using paypal :)
Hostings
10-03-2003, 18:33
Hmm ..
So paypal is available for online transactions. If i'm not wrong, it can work as an atm card and make nets payments via counters?
Voyageur
27-03-2003, 16:48
Dear Sir

Thank you for your email.

We are pleased to append herewith the account formats at OCBC Bank.

Savings Account : BBB - C - NNNNNN
Current / EasiSave / Moi / Personal Line / Statement Savings / MoneyMax :
BBB - NNNNNN - 001

where BBB = branch code (the first 3 digits on your account number)

The information you need to provide to Paypal is as follows:

Bank/Institution code : 7339
Branch code : BBB
Account No : CNNNNNN for Savings account
NNNNNN001 for Current / EasiSave / Moi / Personal Line /
Statement Savings / MoneyMax

Thank you for banking with OCBC Bank. Please email us at ContactUs@ocbc.com
if you have further enquiries and we will be glad to assist you.


Best regards



Just got this from OCBC... for whom it may concern...

Voyageur