How Do you Cash Out Alertpay Cheque?
By cairalyssa
@cairalyssa (1402)
Malaysia
May 9, 2012 2:02am CST
I just learned that withdrawal to credit card from alert pay account is not allowed for Malaysia bank user. So other option would be cheque or wire transfer. This option surely take longer time and shortest period is to accept payment via cheque.
I have never cash out any alertpay or international cheque before, so i have few question playing on my mind such as, wud my local bank accept those type of cheque?
other option available are also exchanger.. but the rate is very expensive.. but maybe worth it if i try to withdraw big amount at one time..
does your country block credit card withdrawal for alertpay? can u tell me how did u do to cash out money from Alertpay account?
1 person likes this
6 responses
@jkct02 (2874)
• Kota Kinabalu, Malaysia
9 May 12
I am from Malaysia. DO NOT accept USD cheques as payment as it may cost you a bomb to cash out in Malaysian banks as well as the time involved. I got a USD10 payment cheque a few years ago. My bank told me I need to pay bank charges (courier fee etc)and commission amounted to about RM30+- (USD10)so I didn't bother.
I feel the best way is to do a wire transfer. I don't understand why you said it takes longer time. My experience in wire transferring is that it takes just a few hours. I have never cashed out from AlertPay or even PayPal. I use the fund there to invest or buy online.
1 person likes this
@dabangladehi (660)
• Bangladesh
12 May 12
hello jkct02,
I add my cimb bank account there. I only verify my account by phone numbe and email. Can I still use to buy online without more verification? Can I withdraw my money with out more verification? Can i transfer my money to other alertpay account? Actullay do i need to verify more to do online business? does it like paypal?
@cairalyssa (1402)
• Malaysia
12 May 12
to get verified with alertpay account means you have successfully linked your account to your bank or credit card.. when it is linked, means u can deposit money to your alertpay and purchase online..
Paypal are more convenient, but, alertpay is like an alternative for program or product that doesnt accept paypal.
@cairalyssa (1402)
• Malaysia
12 May 12
yeah, i transfer money to my fren unverified account so she can make online purchase..
jkct; im trying to add my bank account for withdrawal but i keep on getting an error says my bank name is not valid. On the bank name column, i put MAYBANK, Malayan Banking Berhad, Maybank Berhad.. all this name cant be recognized by the system.. is that mean i have to send support ticket for help now?
@isloooboy (1733)
• United Arab Emirates
13 May 12
In my country there is no restriction on cheque's and I received money via cheques twice but it take long period of 26 days which is some times tease you but the other way is bank wire it is take maximum 6 days and minimum some hours but it is expensive. I prefer this money to buy online or invest in other programs mostly for paying my domain and hosting bills.
@cairalyssa (1402)
• Malaysia
14 May 12
Certain country have restriction based on National Bank regulation.. 26days is long.. i rather pay some to exchanger instead than waiting for almost a month..
However, thank you so much for the info you give. It gimme a clearer picture of the cash out process :)
@yugasini (12893)
• Secunderabad, India
9 May 12
hi cairalyssa,
i too have suffered to transfer alertpay money in to my local currency or in to dollars currency or in paypal amount,so once again i have invested that amount in other sites,i have left the hope on alertpay amount, some liberty reserve can exchange the alertpay dollars in to Paypal dollars for some commission try it,or but any thing from online purchase,have a nice day
@cairalyssa (1402)
• Malaysia
10 May 12
there are type of program that is not allowed by paypal like JSS tripler. so all this while Alertpay is the alternative since its convenient to withdraw and deposit money with alertpay.. i really hope alertpay will sort out the issue ASAp.. 
@TeamCholent (2832)
• United States
9 May 12
Why don't you become the exchanger and when you have amassed a larger amount you could cash out and make profit? Think out the box.
@cairalyssa (1402)
• Malaysia
10 May 12
woaaa.. u gimme great idea! thanks fren! i noticed there are some forums where exchanger gather, previously i always wonder how can they exchange by trust just by forums.. come to think about it again, senior member can also be reliable even not a 100% guarantee..
@cairalyssa (1402)
• Malaysia
10 May 12
Yeah, i think that would be d alternatives. but to do that, usually we must get someone from exchange forum for an instant.. because paypal doesnt allow this exchange actually unless it was made between personal agreement.
