when I saw my paypal account, I just saw that the money is reversed, no other information. really sad...
do they deducted any reversal fees with this reversal. seems they just want to pull the withdrawal for more days
I withdrew money on Friday night (IST) and status is Complete. Can I now breathe easy that at least this payment will reach my bank as it has left the clutches of PayPal?
Did you call up or email paypal for the reason of reversal. It can be one of these reasons. Your name in Paypal does not match letter to letter in your bank account. Even initials should be same.(This is the high probability) Or You have requested for a bank transfer for the amount which you have received as personal remittance or payment in your paypal account. Let us know the details, so that other members do not make the same mistakes. If they have limited your account, then request a cheque. That is the best and safest option, though it takes more time.
ok mate, I will explain in detail. First of all my account got limited for a transaction which I made as personal payment from my mother's account to mine. Then I told them about it, they sent me a reply that now my account will be limited but now i have the ability to withdraw funds. Then the banks which i had already attached where removed by them and they said to attach a new bank. So i attached my father's bank account and Checked that every detail is given correctly. Then i made my transfer to bank account of 445$. They reversed it without any email notification or reason for reversal and also deducted reversal fees of 34$. Then I got frustrated and again withdrawn 10$ from my account to my father's bank account, note: I have not made any changes to the bank account details I submitted to paypal while I attached it. Now, I don't understood, why , but my transfer completed and I recieved the money in my father's bank account successfully. And Thereafter, again I made the withdrawl of 75$, it is showing status as completed, let see, does this transfer also gets successful or not. Hope got what I am trying to say, let me know if any more help needed. Thanks
@ nnsjw702 Buddy, why did you go ahead and make a news about it that you made a personal payment to Paypal. You made a personal payment and it's absolutely fine. Just that you selected Goods/services. Paypal is really sucking out Indians now and very soon everyone will be done with them and move on to Alertpay and will keep Paypal as standby. Now I think the payment to your father's acc did not go thro 1st time was becos the name in bank and paypal are not same. Not sure how it went thro the 2nd time. Are you 100% sure that the payment was from paypal or maybe you have a joint account in that Bank, but still paypal will deposit it in the primary account holder's name (So in most probability the paypal account is in your father's Name. is it?). But whatever it is, don't request by NEFT if you have done personal transfers atleast till April, becos if you haven't noticed, the CC option is also removed, so that means they are waiting till the next Indian Financial year begins and then they will legalize everything - Add CC ; - Make Pan Card mandatory and so on. They are already charging for receiving payments from 11 March 2010. - Bank Transfers will start for Personal payments too as Paypal will obtain the license for remittances. So now, it's just time to move on from PP for higher payments. If it's less than $500 then it's fine, else go to Alertpay and you'll see very soon they too will start bank transfer (Right now they don't have millions of transactions done from Indian accounts) So everything waits till April 2010. So get your business straight and withdraw everything by cheque and keep your PP acc clean by April 2010. You never know what's next. Paypal is always full of surprises.