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

Your PayPal Account Access Has Been Restored

Thank you for your patience while we work to address the issue of processing
withdrawals to Indian bank accounts.

We expect to have this issue resolved within the next few days. In the meantime,
we're going to restore the amount of your recent withdrawal into your PayPal balance
so that you can know your money is safe in your account. You should see the balance
restored within 24 hours. In addition, you will see a reimbursement of any
withdrawal fees charged. We will ensure that you are not adversely affected by
currency fluctuations during the last week.

In your transaction log, you will soon see that your PayPal withdrawal request has
been reversed. We ask that you wait to submit another bank withdrawal request until
we have addressed the processing issue. We will contact you again in a few days with
an update and, if the issue is resolved, you can initiate another withdrawal at that
time. In the meantime, you will have the ability to spend your balance to purchase
goods or services if you choose.

Again, we apologize for the inconvenience this has caused.

Thank You,
PayPal

got this email from paypal

 

It will never happen, it worst case they only can suspend Bank Withdrawal option although it will be almost 0% chance!

 

please check the email i posted above which i got from paypal today... you will find answer for your question

 

I Doubt this is gonna happen


i got a email

Thank you for your patience while we work to address the issue of processing withdrawals to Indian bank accounts.

We expect to have this issue resolved within the next few days. In the meantime, we’re going to restore the amount of your recent withdrawal into your PayPal balance so that you can know your money is safe in your account. You should see the balance restored within 24 hours. In addition, you will see a reimbursement of any withdrawal fees charged. We will ensure that you are not adversely affected by currency fluctuations during the last week.

In your transaction log, you will soon see that your PayPal withdrawal request has been reversed. We ask that you wait to submit another bank withdrawal request until we have addressed the processing issue. We will contact you again in a few days with an update and, if the issue is resolved, you can initiate another withdrawal at that time. In the meantime, you will have the ability to spend your balance to purchase goods or services if you choose.

Again, we apologize for the inconvenience this has caused.

Thank You,

PayPal

Code (markup):

 

no news till now..

 

Record : 003 - As on 09.02.2010 -8AM IST
Record : 002 - As on 08.02.2010 -9PM IST

 

wtf i am not getting any such mails

i am also waiting for money still from withdrawal

 

i am just happy that they are not charging us $5 for every withdrawal that is returned back to our PP account..

 

I have sent the paypal payments from my business a/c to another business PP a/c.

It is working. I am sure that they don't have issue with this.

 

Chandan, I guess you may have to wait for some more time.
Anyways the withdrawal amount is still not reversed in the account. You really need to worry only if the withdrawals dont get reversed to your account when others get it.

 

I also received a simalar email from paypal. It seems all the people who have withdrawn payment to their bank account they will all be reversed back in paypal account in another 24 hours. Also NO NEW WITHDRAWAL TO BANK ACCOUNT WILL BE POSSIBLE FOR SOME TIME. It seems Paypal is facing a serious problem with RBI in sending the payments and the problem has not been solved.

 

One out of my withdrawl requests is reversed.
I can see the amount back in my paypal account.

Hopefully, other requests will follow.

 

Just received a reversal of my withdraw.
The amount I withdrew on 2nd Feb has been credited back to my account.
Anyone got this also?

 

Why does it happen only in Jan-Feb..I mean, last year also same thing happened in Feb,
http://forums.digitalpoint.com/showthread.php?t=1243736

Does it have something to do with economic year ending in March!!?

 

ive got the amount too

 

I have got Amount reversed in my Paypal account 5 minutes ago.

Now what to do next to withdraw the amount ?

 

Basically even it solved in 24-48 hours we wont have money in our bank but it will be only in paypal account back..

Boy!! I am never gonna ask any more payment to my paypal again.. lot of money has been in paypal now. I hope once its transfered to my bank I am gonna close my paypal account and never gonna use it..

 

I've made two withdrawals on 1st Feb and 2nd Feb....1st one is reversed.......2nd one is not !!!!!!

 

Guys, I can now confirm that all bank withdrawals are getting reversed back to Paypal. I had withdrawn $889 on Jan 31 and I have got back $820 just now .

Damn, I lost out around $60 due to currency conversion.

So now the question is to how to get this money into Indian bank account.

Any ideas?

 

Guys,i Got funds back to my PP account that i requested to withdraw to my bank account ,moreover PP deducted close to 35$ for doing that !! Anyone faced similar problem?