Indians File A RTI Complaint Against Paypal India To Get More Information Online

2month old withdraw has been revered? are you sure about it?

 

I don't know about her but I am sure RBI never allowed it since it's done through NEFT and their will be no reversing issue. I am sure it will be different kind of issue!

 

But I requested one withdraw on 27th JAN and it still not get into my account.

Even I did not believe this before but she showed me her bank statement which clearly says that payment is reversed but in this case even bank is not sure how this had happened. That's why I never deal with Nationalized banks.

 

Yea even when I saw her statement, though it shows that payment has been reversed but it did not look like it went back to PayPal. But not sure where they heck money has gone?

 

I call BS on this one! I'm an ex-banker (was with ICICI Bank). Unless you have given standing instructions to your bank, NO ONE can take your money from your bank account without your permission.

 

Well If I am not wrong to understand it then it may possible that Bank rejected the transfer and it happened then your friend should get the amount in PayPal but if money was credited with SBI then it is impossible to reverse it to anyone!

 

lol How can they reverse the old payments??NEFT cannot be reveresed...

 

Well that's SHOCKING but i highly doubts its authenticity ...
My Dad is a Manager in one of the nationalized banks and he says its just plain impossible ...
Ask her to go the branch and submit a written application for the missing payment..
they just cant say they dont know .. Trust me i have SBI bank account and if you have patience then you can dig anything regarding the issue ...

 

RTI can be used against private sector companies in some instances. But in most cases the companies get off by saying it is sensitive information that will affect their competitiveness if it is disclosed.

 

I am pretty sure there is no way that money can be reversed once credited to your Bank Account.
No Indian Bank will do it without your initiation.

 

Yes that's true and legal process also not allowed anyone to reverse money from our bank accounts.

 

RTI application can be filled with RBI asking under which regulation paypal Indian Inc. Works and what are protection available to its customers.

I am not an expert but I guess I will need to do all I can do if paypal rip me off.I can not afford losing my 50K INR

 

You are wrong, mate. My money were credited on 27th jan at 5:30 pm IST and suddenly after 1 hour they were debited by the NEFT itself and were returned to Paypal.

This happened without notifying me.

Also, Indians can't afford to call paypal again and again as the call rates are too high. Its only a waste of money and nothing else.

 

Are you saying, you found an entry on your statement showing the funds and then sometime later the entry just disappeared along with the funds? Or was there another entry in your statement with a narration for the return of funds?

You can call paypal free of cost using skype
+18882211161

 

Is ur friends from india its not possible to remove cash from our banks directly.. RBI Doesnt allow it atleast with the info weve provided if it was allowed we could be ripped of

 

I got a message on my mobile when my money were credited and after 1 hour again I got message that the same amount of money were debited by the NEFT.

When I contact to the branch manager , he said that the money were returned to paypal. This happened due to the name differing of my paypal a/c and my bank a/c.

I think, no one can do anything.

 

By bank statement shows both the transactions - Credit as well as debit.

Anyway thanks for the toll free no.

 

Ah.None of this will actually work.paypal is not a bank.We need to wait for official confirmation from them

 

all this stuff is getting scary, what I believe is if money can come through NEFT it can also be taken back when an error is raised by PayPal ! what do you guys say ?

 

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ah..it is clearly stated on the Paypal withdrawal page that if name is not matched then amount will be reversed.
The reversal fee is 250 INR.