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    Paypal bank withdrawl

    PayPal Increased Receiving Limit to $3000 for Indians

    October 14, 2011
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    In last couple of months we have seen many issues related to PayPal and some of them were : Maximum single transaction limit to $500 Can’t use PayPal money for buying/Shopping Auto withdrawal of Paypal money to bank every day. Pan Card no. Purpose code for withdrawal. Obviously none of them came as good news for Indian PayPal users. Though they removed the withdrawal charge or Indian users and that was one good news. Couple ...

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    PayPal Added Auto Withdrawal to Bank Account For Indian Users [Updated]

    August 24, 2011
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    Seems like PayPal and Indian bloggers have love and hate relationship. Earlier Paypal imposed some new rules for Indian PayPal users. One of them was withdrawing money from PayPal account to bank account within 7 days. Though I never faced any issue with this feature and seems like PayPal has come up with another solution to make it mandatory for Indian users. PayPal started offering automatic withdrawal for Indian users. Interesting thing is, apart from ...

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    PayPal Team Shocked Indian Freelancers with New Rules

    January 29, 2011
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    PayPal team shocked Indian PayPal users by sending them a surprise Email last night. In the Email PayPal team stated new terms and rules for Indian PayPal users. Here is a preview of Email from PayPal: With effect from 1 March 2011, you are required to comply with the requirements set out in the notification of the Reserve Bank of India governing the processing and settlement of export-related receipts facilitated by online payment gateways (“RBI ...

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    Paypal Stopped Electronic Fund Withdrawal in India

    July 28, 2010
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    5 Months back Paypal stopped personal payment to India and reversed money sent under Personal payment. The whole fiasco happened because of issue between Paypal and RBI and later on Paypal come with a solution of Purpose code to withdraw money but personal payments are still not allowed in India. Here is another big news for Indian Paypal users, Paypal is going to stop electronic fund withdrawal from July 29th onwards. In an official Email ...

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    PayPal Update on Withdrawing Money to Indian bank Account

    February 15, 2010
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    Today morning when I saw an update on Paypal blog about current situation of Paypal in India, I was hoping to hear some good news from them. But it seems we need to wait for a while for some good news like resuming PayPal bank withdrawal. According to latest blog post by Farhad Irani, who lead the PayPal Business in Asia pacific, mentioned : It has always been possible for sellers to request a check ...

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    Paypal Scammed Indian Paypal users With Reversed Transaction fees

    February 9, 2010
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    We were already talking about Paypal issues from last few days and in case if you missed it, you can read them : Paypal Stopped personal payment in India Paypal Stopped Delaying bank withdrawal in India Though finally everything is coming back to line and paypal is restoring money which was on hold for bank withdrawal. Today almost 1000$ which I requested for withdrawal on 27Th January, is refunded back into my paypal account and ...

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