How to withdraw Shopee Pay to a Malaysian bank account?How many days will it take?

Shopee Pay is ShopeeE-commerceThe platform's e-wallet.

Currently only马来西亚WeChat paymentAnd Shopee Pay e-wallet, you can withdraw to Malaysian bank account.

• The founders of WeChat and Shopee are not Malaysians, but they are more user-friendly than the local e-wallets in Malaysia.
• Because the vast majority of Malaysian e-wallets can only be topped up and cannot easily withdraw the balance to a bank account.
• I feel that the e-wallet company launched by local Malaysians is quite selfish and does not allow users to withdraw cash to bank accounts, and does not care about users at all.

How long does it take for Shopee Pay withdrawal and transfer to bank account?

Shopee Pay manual withdrawals take approximately 3-4 business days for funds to be deposited into your bank account.

• After manually submitting a withdrawal request, Shopee will start the withdrawal process on the next business day.
• You can expect the whole process to take about 3-4 days.
• For example, a request to withdraw money on Tuesday puts some money in on Thursday at the earliest.

Shopee Pay Withdrawal Schedule Example

Shopee Pay withdrawal schedule, for example:

• Tuesday: Withdrawal request submitted
• Wednesday: Shopee Starts Withdrawals To Banks
• Thursday to Friday: Bank deposits money into bank account

The bank may notify you when a deposit confirmation is provided in your bank account.

Shopee's official instructions on how to withdraw money to a bank account?

The following is the official description of the Shopee e-commerce platform:

How long does it take for a requested Shopee Wallet withdrawal to be credited into my bank account?
Manual withdrawals will require approximately 3-4 business days for the funds to be credited into your bank account. Learn more about the timeline and process here.
Once a withdrawal request is manually submitted, Shopee will initiate the withdrawal process on the next business day. You can expect the entire process to span over approximately 3-4 days.
For example, a request for withdrawal on Tuesday will have the funds credited earliest Thursday. The withdrawal timeline is as such:
Tuesday: Withdrawal request submitted
Wednesday: Shopee initiates withdrawal process with the bank
Thursday – Friday: Bank deposits money into bank account
You will be notified once the bank provides confirmation of the deposit into your bank account.

How much is the processing fee for Shopee Pay withdrawal to a Malaysian bank account?

Now using Shopee Pay to withdraw to a Malaysian bank account is free of charge!

• Similarly, the current fee for WeChat payment in Malaysia to withdraw to a bank account in Malaysia is also free, which is great!

How to activate Shopee Pay e-wallet?

If users want to activate Shopee Pay, they need to provide their name,cellphone numberand ID number for real-name authentication, and then through a one-time mobile phone SMSVerification code.

• The SMS verification code will be sent to the user's mobile phone for the user to verify and activate Shopee Pay.
• Once Shopee Pay is activated, users can top up their e-wallets and pay directly through Shopee Pay when shopping online.

By the way, Shopee usually starts promotions at 12 midnight, while most banking websites and apps do maintenance after 12 midnight.

Therefore, if most people make online purchases at 12 midnight, they will not be able to successfully make online purchases on e-commerce platforms such as Shopee.

With Shopee Pay, you don't have to worry about bank maintenance and can't pay anytime!

If you often shop online on the Shopee e-commerce platform, please activate Shopee Pay now!