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Anyone else got the email alert after withdrawal (Indian Paypal Users) ??

Discussion in 'PayPal' started by deluxdon, Jan 31, 2010.

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  1. riamathews

    riamathews Peon

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    #2321
    2Checkout.com Indian Bank Account Wire Issues ??

    Details: Hello,
    2Checkout.com has been informed by our bank that with the banking regulation in India that a wire can only be issued for payments that are over 100,000.00 INR and must include the IFSC (Indian Financial System Code) code for your bank, along with your bank’s full address and branch name – please contact your bank for the correct IFSC code.
    When you have this information please update the Banking Wizard by entering the IFSC code in the Sort Code field.
    Due to this regulation you will need to update your Banking Wizard.
    1-To receive funds in INR you will need to update your release level to 2500.00 USD.
    2-To receive funds under 2500.00 USD you will need to select a new payment option.
    Please contact us upon updating the Banking Wizard so you funds can released on the next available payment cycle.
    The Banking Wizard will be available Thursday afternoon, approx. 3 pm EST.

    Thank you,
    2Checkout.com Inc
    1785 O’Brien Road
    Columbus, OH 43228
     
    riamathews, Feb 6, 2010 IP
  2. D4rk357

    D4rk357 Peon

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    #2322
    Awww Sad ...
     
    D4rk357, Feb 6, 2010 IP
  3. D4rk357

    D4rk357 Peon

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    #2323
    i good alternative to Paypal and i will jump off the paypal wagon forever . I will only keep it as a secondary option
     
    D4rk357, Feb 6, 2010 IP
  4. abhi2554

    abhi2554 Active Member

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    #2324
    How long does other payment system take?????

    What is the fastest?

    Anyone did a research or something?
     
    abhi2554, Feb 6, 2010 IP
  5. samser_m

    samser_m Well-Known Member

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    #2325
    I would like to consider PayPal , but in mean time how come we get money from abroad. Yes, PayPal is good to me also.

    What the hell!
     
    samser_m, Feb 6, 2010 IP
  6. abhi2554

    abhi2554 Active Member

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    #2326
    Was anyone connected to paypal, when they use to send Paper Checks?
     
    abhi2554, Feb 6, 2010 IP
  7. samser_m

    samser_m Well-Known Member

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    #2327
    I tried Bank Transfer- takes 5-7 days time from US/UK/Canada
    Moneybookers - 5-7 days
    Western Union- almost instant.
     
    samser_m, Feb 6, 2010 IP
  8. abhi2554

    abhi2554 Active Member

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    #2328
    You can take a chance. I have send receipts to my client with Goods as the selected option. Don wait for them to pay on their own. Try taking the step yourself and intimate the client. It may work for you.
     
    abhi2554, Feb 6, 2010 IP
  9. it career

    it career Notable Member

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    #2329
    Because of reservation , corruption 30-40% indians are jobless , now because of internet lot of people were making around Rs 50000/- per year , now RBI does not want paypal to operate in india , means 90% of these people will not have any earning

    What is wrong in transfering funds from abroad to india as long as it is below Rs 50000/ (anyway above 50000/- RBI can ask for PAN card to be filled up in paypal account) , I think all people affected should ask RBI to give employment , if thousands of people can go to RBI building and protest , things may change , on one hand politicians are looting the country india and transfering thousands of crores to swiss bank and other hand you do not allow freelancers to earn a living from abroad.
     
    it career, Feb 6, 2010 IP
    dotcompals likes this.
  10. ChrisMiller

    ChrisMiller Prominent Member

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    #2330
    About freaking time Go Paypal! I might actually have some respect for your company now since your putting restrictions on India!
     
    ChrisMiller, Feb 6, 2010 IP
  11. silent_thunder

    silent_thunder Well-Known Member

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    #2331
    WTF Feb 6 payments from three different sources all got reversed the next day.

    I am so livid....

    Still no explanation apart from a stupid blog posts..

    if this is a move to take us out of the business then they have got it totally wrong..because its a move to take them out of business in future..

    I am just going to give em a finger and move on now
     
    silent_thunder, Feb 6, 2010 IP
  12. abhi2554

    abhi2554 Active Member

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    #2332
    What are the charges and other clauses....

    I have heard Moneybookers is preferred very rarely by a freelancer. There has to be a reason. About Western Union, I dunno. No idea whatsoever... :(
     
    abhi2554, Feb 6, 2010 IP
  13. ifreakz

    ifreakz Well-Known Member

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    #2333

    Source?
    This clears up the story.
     
    ifreakz, Feb 6, 2010 IP
  14. dotcompals

    dotcompals Prominent Member

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    #2334
    100% in agreement with you.
     
    dotcompals, Feb 6, 2010 IP
  15. powerboss

    powerboss Active Member

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    #2335
    In India, senseless people run the country, uneducated people become Members of Parliament, who oppose all developmental activities. Even if we get money from abroad the money has to be in Banks via NEFT or cheques. RBI or Bank authorities have full info about how much one is getting from Paypal, they can tax us from those statements. Really Indian government sucks...

    This issue has spoiled my weekend holiday, i am sleepless on how this problem will get an solution.
     
    powerboss, Feb 6, 2010 IP
  16. samser_m

    samser_m Well-Known Member

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    #2336
    Yes, MoneyBookers seems to me expansive, I was a bit away few days ago from moneybookerssee here

    Although amount was not so high.

    Bank Transfer is also a bit expensive, from freelancing sites $30-$35 + your bank charge currency conversation fees etc.

    Western Union is good but you can make 12 transactions per year, and its considered as Personal. Buyer may ask you to pay sending fees. Visit western union site.

    Not sure about Payoneer but somebody says we get same amount in hand like PayPal. But monthly fees irritating me lot!
     
    samser_m, Feb 6, 2010 IP
  17. abhi2554

    abhi2554 Active Member

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    #2337
    So, you would also agree that its their monopoly for the right reason. Till we get the alternative, perfect in all senses, we cannot dump anyone. I surely cannot :(.
     
    abhi2554, Feb 6, 2010 IP
  18. D4rk357

    D4rk357 Peon

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    #2338
    They are Actually Concerned about MOney being Transferred from paypal to fund terrorist Activities Activites as it allows to Operate from unverified accounts .
     
    D4rk357, Feb 6, 2010 IP
  19. humm

    humm बहादुर बच्चा

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    #2339
    Is there any official statement about this from Paypal or RBI? :rolleyes:
     
    humm, Feb 6, 2010 IP
  20. Moses8595

    Moses8595 Peon

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    #2340
    Why it's just for Indian paypal users?:confused:
    I am still waiting too
     
    Moses8595, Feb 6, 2010 IP
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