Tuesday, March 9, 2010

Trying to link bank account and Paypal



Although I study computer science, I am a slow adopter to most technology. I still love to reach paper statement of my POEM account monthly instead of getting an email statement (sorry about the trees, but I reuses the empty side for notes).

I decide to open a Paypal account because I might need it, since my Adsense is reaching $10 and might need to input payment information.

A sidenote: CNA - POSB $2 fall-below fee if daily balance < $1,500
I didn't see this before so hopefully they didn't implement it on my father saving account. I always thought the limit was only $500.

POSB - Fees for POSB Passbook Saving Accounts. I check online and still find the limit at $500 though and checked DBS Savings Plus Account, which is also $500. I am starting to prefer UOB since it give me monthly interest, always nicer than POSBank that seems to only update yearly or my account have too little cash to generate even 1 cents of interest.

Back to my bank account issue, I am still trying to understand what name to place on my Paypal to just link my bank account since my bank account contains my name with (hanyu pinyin). Paypal doesn't allow () when inputting the name therefore I am emailing POSBank then. I could withdraw money to credit/debit cards but I believe there is a fee compared to $0 if withdrawing more $200 to a bank. There is a penalty (return fee) for failure so I need to be prudent.

Searching on the web for solutions about hanyu pinyin in bracket seem futile.

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