Step 1: Log into your paypal account
Lastly, fill in the amount you would like to withdraw and click "continue". It is ok to fill in in which ever currency you had received in the first place. Paypal will automatically convert it into your home currency. However, the exchange rate may be poor. A spread of 2.5% was taken from me!!! The indicative fx rate on fxstreet was US$1 to SGD$1.39. Look at what paypal charged me:
Do take note that any withdrawal amount lower than $200 will be levied a $1 admin charge. I hope this answers to the many email queries on payments on USD and Sing dollars withdrawals. That said, paypal is still quite efficient in handling money and I have called them on their Singapore hotline for some money matters. The money will be credited into your local bank account within 5 working days.