India - Bank Withdrawals working or not

don't write them off or declare them 'crap' just yet. It was only 3 days since you withdrew, if you don't see your money by Wednesday then it is something to get seriously worried about.

 

It's working as usual for me.

Withdrawal date and time (approx in IST): Mar 9, 2010 (Morning)
Status: Completed
NEFT completed on: Mar 11, 2010 (Evening)

 

The issue we talking about is withdraw initiated on 10th,we all get 9th withdraws as usual

 

Yeah - the cause of concern is that nobody seems to have got money on Friday.

 

Withdrawal date and time :13 Mar 2010 12:30 pm IST
Status : Completed 14th Mar 2010 1.00 PM IST
NEFT completed on: Sunday Off hoping for tomorrow

I added PAN Card before withdrawal.

 

If no Money comes on Monday then its sure a problem,Guys get ready for another Mess Month before paypal will do reply!

 

even - when paypal started withdrawals, it didnt come on friday or saturday. It only came on Monday and Tuesday for many people.

 

There was no question of coming on Friday 5th as withdraw started on 4th March only.
But withdraw not received on Friday 12th certainty seems doubtfull.Hope for best and hope its just 1 day delay...

 

The surprising (and depressing) thing is that NOBODY got it on Friday irrespective of when he/she withdrew.. that's enough to ring alarm bells, right?

 

There is nothing wrong with them, do understand thing before conclusion about PayPal problems, it's March and it always be busy month for Banks itself and we have weekend so it bit delay, check tomorrow we would surly see money coming in banks.

 

I too withdrawed on 10th..But didnt got the funds in my bank.And status completed

 

I wish you are right.
Do not forgot last BIG issue was also started same way with no announcements!
and this time it may be more typical with paypal introducing PAN and failed to make a working System for it.

 

There is no problem with paypal . wait for monday

 

@keerthi what do you say abou No_Fear's concern?

 

usually paypal funds take 3 days to credit into your bank account. when we have initiated withdraw on 10 th (Thursday) so actually funds should arrive on Saturday, but NEFT works for only 2 hours on Saturday and Sunday is holiday .. so we have to wait until Monday evening ..

 

I sincerely pray to God that you prove to be correct here

 

Requested a Withdraw Now - 11:51 PM Sunday March 14 2010

Expecting on on March 17th Max

 

The Big issue is 10th was Wednesday so all is not well.

 

It's nothing related to PAN Card problems, It's NEFT system which not work full time over weekends so we are getting delay. Other thing is also playing a vital role is March audit so bank may take some more time to credit funds.

 

Thursday and Friday was full working day.
As per NEFT rules the funds must be made available to Customer the same day they are Debited from sender account.Bank Can not delay any credit of NEFT funds.

Also Delay is for all users so defiantly its paypal who did not send any funds on Friday.