Hi every one, Is it possible to withdraw money from paypal to my fathers HDFC Bank account if the paypal account is activated with HDFC virtual credit card (VCC)? Is there any future problems if it is possible.........? Thank you.
If the account is of your fathers then how can you withdraw money as the paypal is of your name. Paypal needs to match the names after that they allow withdrawal of money. Get an account opened with your name. - Digital -
I have one question in my mind Shubhi Paypal allow us to change first name at the time of withdrawal so if OP change first name from his name to his father name, is there any problem ? DON.
Bank Account holder name and paypal account holder name must be the same otherwise your bank will reverse the funds back to your paypal account.
you have need to be pp and bank name becaz that's just like check, if you get check with your name then how u can withdrwl on your father acc. ?? yes, you r right brother,
yes it is possible to withdraw.If you have bank account with different name , you can withdraw funds but later on paypal may ask for printed statements of bank account ( which you used for withdrawal of funds ) Thanks
you just open a pay pal account in the name of your father and then link your fathers bank account with this. my son did the same.
I doubt if any one would have done the way as you have suggested. Perhaps you can take the lead and do it once and inform us if at all, the transaction goes through! Regards, RightMan
I just don't want to take the lead in this case Asking just because i am sure someone already done withdrawal that way so want to know feedback from him/her BTW i am sure it works very well. DON.
I had seen the option during my first withdrawal and had assumed that this option would be available only once and so did not risk using it! I wonder why the option is there in the first place? Is it to facilitate transferring funds to other family member's accounts? Regards, RightMan
Just read this post and comments to have a better idea . http://www.blog.jbi.in/internet/creating-a-vcc-using-hdfc-netsafe-service/
dont do it...I have done it in my 2 accounts and paypal has now holded my both accounts for 180 days tranasaction goes through but if account goes limited then your account goes suspended for 180 days open a hdfc bank account by your name...its so easy