Hi , As I read in other post, Paypal asks for IEC Code and we as a Freelancer can't register our company and can't get Current account. What else ? Paypal Asks for IE Code, Xoom Not working, No cheque and no CC How to transfer money from paypal to Indian Bank account ? Pleae suggest any of the working method : We need to find out now .. ? Paypal - MoneyBooker - Bank Account ? Paypal - Payoneer Paypal to Cheque ? Paypal to Entropay Some other method ?
You need not enter IEC code in Paypal. Do not worry. Check paypal blog for more details. And if you ever need an IEC - An Individual can apply for IEC - with a normal SB account, fee is just Rs.250, and no need to register any company, not even any SSI, and no need to go for current account.
Check option is not working for me.. I order a check on 16th of Feb and today I saw a reversal of the same. And guess what.. with a lower conversion rate and loss of $12 on my account. PayPal is gone crazy and making us even more crazy.
Registering a company ..go to ROC near you, find name pay Re.500 IEC Code..go to DGFT , Pay Re.250 No need for bought you guys can just enter the purpose code given in paypal blog.