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PayPal Rejects Fund Withdrawals to CIMB

If you have recently added your CIMB Bank account with PayPal, beware. If your routing code was incorrect, you may be charged RM 15 for each failed withdrawal and your funds returned to your PayPal account.

When PayPal first allowed withdrawal to Malaysian local banks, the routing code or swift code for CIMB was incorrect. It is supposed to be CIBBMYKL and not BSNAMYK1 which is for Bank Simpanan Nasional. For the list of MEPS Bank Routing Codes, you can read this blog post of mine.

Simple Security Steps for Your Online Shop or Online Store

Online payments involve security issues which is why there are PCI DSS services for compliance which are designed to avoid improper credit card data storage or transmission. However, if you are not storing credit card details on your server or online store, there are other best practices to adopt.

I have been in the e-commerce software [Read more →]