Today, I've decided to withdraw some of my earning money from ClixSense. into my SG saving account.
Why so sudden?
As I mentioned in my previous posts, I had started invest in SGX market. No point that I accumulate USD dollar in paypal account. Paypal does not give me dividend or interest if I continue park my money in paypal account. Furthermore, I do not use money from paypal for online shopping/purchasing.
So, why not I use this money to put in somewhere which I think might give me more interest and good returns instead.
Here is where I have withdrawn from Paypal and then pump into my DBSV cash upfront account.
Throughout my ClixSense earning journey, I have never withdraw any single cents. So, this is my first experience of withdrawal money from Paypal....lol.
You will incur $1 fee for withdrawals under $200 SGD. No Fee if withdrawing to a US bank account. (I do not own a US account, that is why I withdraw amount of $200.87 USD
which is above the threshold of incurring transaction fee)
p/s: do not convert it to MYR
As time of writing 23/2/2016, market rate USD/SGD closed at 1.40864
Paypal takes 3-5 business days for processing. In another words, I will get the money pump into SGX trading account after 5th days.
Although this is small amount, probably I can only buy 10lots of shares at price of $0.20 counter. Of course, I will keep my bullets and aim for my SGX's REITs or ETF.
http://jason31ljf.blogspot.my/2016/02/how-j-withdraw-money-from-paypal-account.html
