Several days ago, I got an official email from Paypal saying that we can now withdraw the fund to any designated local Indonesian Bank. It is a great news to all Paypal community in here since it was a hectic process to withdraw the fund previously.
The tricky part is to get the correct bank code to be filled within the registration process. It is 7 numerics consists of two parts, the first 3 numbers is a bank code that you can find here and the other 4 numbers is your branch code. I am using my BCA for this purpose. The branch code can be found from BCA site.
Several Paypal holders were successfully withdrawing the fund to their local Bank account, mostly they were using BCA. This is one of the news that coming to the beginning of this year as previously Paypal has lifted the ban to Indonesian customer. We must support this by following the rule and be a good Indonesian Paypal user.