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M$2.10 October 26, 2009 12:55 AM

What is the Best way to receive the money I earned in Mahalo to my Bank Account in Sri Lanka ?

I am a student from Sri Lanka. Currently I have a balance like 750 M$ in my profile and when I checked paypal it said that it does not support with transferring the money in my paypal to my bank account. So I thought not to take my money into paypal. Can anyone suggest me a nice tip on getting my Mahalo money into my Bank account ?
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October 29, 2009 03:54 PM
Three options might work for you.

1. Set up an account with an online bank, transfer money from Paypal to the online account, and then from the online account to your home bank account.

2. Get a credit card, link it to the Paypal account, and use it to pay for things instead of cash, leaving more money in your bank account.

3. Leave the money in Paypal and use it to order online things you may need to buy anyway, again, leaving more money in your bank account.


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Helpful: psionandy, ghanan20003000

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October 29, 2009 04:28 PM
The 1st idea is a good one it seems. Can you mention me any online banks that support transferring of money to a Bank Account in Sri Lanka ?

Also if possible, please let me know how I can do this process (how to send money from Paypal to the online bank account, how to transfer money to local bank account ....etc). I am totally a noob in this (banks and cash) field. So a little help is much appreciated !

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October 28, 2009 04:33 AM
i think the best way to transferred your money to your bank account is you should have a credit card and link it with your paypal account,and then transfer it to your credit account then from there you can send the money to your general bank account.credit card is must to have because you can receive or send upto 500$ with your free paypal account.after that you will be asked for credit card to link it with paypal for further sending or receiving money.so if you don't have a credit card then apply for it and when you make it link it with paypal.paypal is secure so don't worry about it,then send money from your paypal account to your credit card account and then send it to your normal bank account if you want to.

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October 28, 2009 02:51 PM
I doubt whether I can send money to my bank account through the credit card. I think credit card is used only to withdraw money, not to deposit .... :s

Sorry if I am mistaken.

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October 28, 2009 03:05 PM
yes,i think you are right.then whats option lefts for you? try to transfer your paypal money to other online bank like alertpay and they give a try.alertpay is same as paypal but it cost for sending and receiving 2-3%.And the best thing you can do is transfer it to your credit card and buy what you want.now,you can buy anything with your credit card.here in India you can buy anything you want from malls,shops not all shops.you can buy online also.

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