Has anyone from India withdrawn funds from paypal to Nationalised banks recently?

Discussion in 'PayPal' started by bluestar, Oct 28, 2009.

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  1. #1
    I had requested withdrawal of funds from paypal to my Canara Bank account a year ago and it was credited to my account but recently when i requested withdrawal once again to the same bank, the entry was reversed. Subsequently, i added my Corporation bank account to my paypal and requested withdrawal. But i am puzzled coz even this entry has been reversed and my funds recredited to paypal. So i want to know have all Indian nationalised banks stopped accepting withdrawal of funds from Paypal?
     
    bluestar, Oct 28, 2009 IP
  2. cottonian_2005

    cottonian_2005 Peon

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    #2
    Hi,
    I have withdrawn payments from paypal recently. I have linked my paypal account with ICICI bank and there was no problem in withdrawing funds. The funds were credited within 3 days of payment request.
     
    cottonian_2005, Oct 28, 2009 IP
  3. bluestar

    bluestar Well-Known Member

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    #3
    I know that there is no problem in withdrawing to pvt banks. I want to know whether nationalized banks have stopped accepting paypal funds.
     
    bluestar, Oct 28, 2009 IP
  4. cottonian_2005

    cottonian_2005 Peon

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    #4
    Have you linked your bank account with paypal account ? And if yes then instead of transferring money directly to your bank account try and request for a cheque....
     
    cottonian_2005, Oct 28, 2009 IP
  5. bluestar

    bluestar Well-Known Member

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    #5
    Yup. I have linked both these bank a/cs to my paypal. I don' t think that withdrawal thru check is feasible. For a small amt of Rs.1750 you know i will have to spend $5 apart from collection charges.
     
    bluestar, Oct 28, 2009 IP
  6. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #6
    And moreover that it takes so long to get check (better go for bank transfer).

    DON.
     
    deluxdon, Oct 28, 2009 IP
  7. cottonian_2005

    cottonian_2005 Peon

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    #7
    I was recommending cheque collection keeping in mind that you had a good amount of money in paypal account. Anyways, you should try and contact your bank officials regarding this problem. Also, if you have account with a private bank viz. ICICI, HDFC or citibank then try withdrawing money to that bank account.
     
    cottonian_2005, Oct 28, 2009 IP
  8. bluestar

    bluestar Well-Known Member

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    #8
    Very strange. I wonder then why i m facing these issues?:(
     
    bluestar, Oct 28, 2009 IP
  9. jhonbarkan

    jhonbarkan Well-Known Member

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    #9
    Does you transfer in your Same bank account(Not Just Bank). If so than just Mail theme using this form https://www.paypal.com/in/cgi-bin/webscr?cmd=_contact-general and ask them that why your withdrawal is revert back. They give better answer for your question.

    If Not than check
    1. dose your bank account have same name as your PP account(First name + Last Name)
    2. Does You enter Correct Bank Account Number.
    3. Does You Enter Correct Bank Name.
    4. Does You Enter Correct Bank IFC code.

    Hope it will help you.
    All the best.

    Thanks
     
    jhonbarkan, Oct 29, 2009 IP
  10. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #10
    May be there has been a little bit changes in your account info.
    So, just update it and also check your bank account if its running or not.

    - Digital -
     
    Digital_shubhi, Oct 29, 2009 IP
  11. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #11
    Infact i have withdrawn funds in BOB,SBI etc. banks without having any issue.

    DON.
     
    deluxdon, Oct 29, 2009 IP
  12. livetowrite

    livetowrite Peon

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    #12
    How about emailing PayPal support? They usually offer the best advice on these matters. You can try calling them too.
     
    livetowrite, Oct 29, 2009 IP
  13. Bohra

    Bohra Prominent Member

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    #13
    Same here no issues using SBI
     
    Bohra, Oct 29, 2009 IP
  14. Mobile-Monster

    Mobile-Monster Well-Known Member

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    #14
    What is the congratulation for ? :rolleyes::rolleyes:


    As mentioned by someone ..Check if you bank account is exactly the same as your Paypal Account. Also confirm with your bank for the IFC.

    Best Regards,
    MM
     
    Mobile-Monster, Oct 29, 2009 IP
  15. Feizar

    Feizar Prominent Member

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    #15
    I withdraw funds to my HDFC bank account regularly, it takes 36-48 hours max, so there must be some problem with ur account like first name and last must be the same as bank account
     
    Feizar, Oct 29, 2009 IP
  16. bluestar

    bluestar Well-Known Member

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    #16
    I have correctly mentioned all my bank details to my paypal account. And when my funds were reversed for the first time i contacted paypal and they told me that the funds were reversed coz 'your bank reported a problem'. So i changed my bank details and linked another bank account and once again requested funds..but this time also my funds are not credited and transaction denied. So i am planning to open a ICICI bank as i feel these problems are associated probably with many nationalized banks only and not pvt banks.
     
    bluestar, Oct 29, 2009 IP
  17. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #17
    But bob and sbi both banks works very well to for withdrawal. They are not pvt banks.

    DON.
     
    deluxdon, Oct 29, 2009 IP
  18. SkyisLimit

    SkyisLimit Well-Known Member

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    #18
    As My IOB card works for me very well. I get the money with in the 7days period.

    But I faced problem with the HDFC, what do u say for that.
     
    SkyisLimit, Oct 29, 2009 IP
  19. saurabhj

    saurabhj Banned

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    #19
    I have recently done withdrawal at SBI and HDFC before 3 days and today I got the funds... So everything seems fine for me..
     
    saurabhj, Oct 30, 2009 IP
  20. mr_vampire

    mr_vampire Well-Known Member

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    #20
    I also got a transfer into my SBI account. No problem at all. It took merely 2-3 days.
     
    mr_vampire, Oct 30, 2009 IP
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