From Sep 22 2009, I’ve logged to my PayPal account then get a notice about PayPal Policy Update:
Beginning Effective date: October 14, 2009, the PayPal User Agreement, Payments policy and buyer protection policy will be modified to include several new currencies as holding currencies and add additional withdrawal countries and the related fees and charges have been modified to include these new currencies. New currencies include: Filipino Peso, Taiwanese Dollar, Thai Baht, Malaysian Ringgit, Argentinean Peso, and Brazilian Reais. Bank account withdrawal countries being added include Vietnam, Malaysia, Argentina, and Brasil. Several of these currencies are restricted currencies and not all PayPal features will be available with regards to a restricted currency and not all customers will have access to restricted currencies.
This is really interesting, Before Oct 14, Vietnam PayPal accounts only for the purpose of payment but not allowed to receive money. Today, Today, Vietnamese PayPal accounts can send, receive and in-country bank withdraw funds from Oct 14.Continue reading