Paypal has also deducted almost $100 from my account when reversing the withdrawal amount. This is simply crazy Paypal simply gone mad. We had no faults so they should returm out money back. Why should paypal cut $100????????????????????????? I need an explanation
Hi guys, i just lost over $460 because my bank withdrawal was reversed. and another $350 in other reversals thats my whole month work gone down the paypal drain what can we all do about this?
Even my withdrawal is reversed, I received $738.2 instead of $800, what the heck is going on with paypal??
So finally we all got our money back however not the whole amount.. I thought they ll just transfer back the USD we actually transferred but here is the different case. Right now PayPal exchange rate is 1 USD = 45.1327 INR But they reverted back our money in our account @ 1 USD= 48.35.. Why? I have transferred $611.73 on 28th Jan. and today I got only $566.54.. If we believe there might be some currency fluctuation from last week. but still they should change it at the rate of 1 USD= 45.1324 INR (which is they are offering while withdrawal) Why they reverted the money back at the rate of 1USD = 48.35 INR? However they also mentioned:- "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." But I don't think there was any withdrawal fees in my case bcz I didn't used any third party to withdraw my funds. I just directly transferred to my bank. They also wrote that they ll ensure about currency fluctuations during last week but I don't think they taken care of it.. It is $45.19 loss for me and same for all the other guys.. I hope paypal will reimburse our losses IMO..
Same is the case with all. I also had a talk with them over phone and they confirmed that we will not loose anything in the Forex Price changes but we may need to wait for few days.
Thats exactly i am asking, we didn't asked them to reverse, even if they did, they should credit exact amount in $$ terms which we had withdrawn.
Well may be they can't credit the exact amount in $$ bcz there were some currency fluctuation this week but still they should credit it @ 45.13 for what they are offering while withdrawal..
Yes this is reallllly pathetic of them. This happened to me too..all my withdrawals aftr 27th jan came back with HUGE reversal fees. damn them ! now what ? now if we withdraw again, again they will deduct fees ? I have already paid them more than $100 in just fees ! they are crazy !
the main issue is WHAT NEXT ? We just keep money in our paypal accounts and wait till someone gets their payments or what ?????? Zoom has till now, not worked for anyone, since the paypal issue started, I guess.
But the ultimate issue is what next when paypal will get normal..is now paypal a reliable option..will it not furthur reverse our payments from our clients..!!