Does anyone here who already tried to withdraw their money to another bank account of a another person but the same exact last name as you have? Like for example I'm going to withdraw it to my brother's bank account, So we have the same last name. I heard and read many times from different persons that they successfully did that with no problem. I just want to know if there's someone here who already tried it. Thanks!
It depends on how straight your country's bank my friend try it before previously without any problem
Just enter the name exactly as it appears on your brother's bank account along with the correct IFSC and the withdrawal should be successful. Bank would never even know the funds were intended to you. They would just see the sender as PayPal Pvt. Ltd. and your brother as the recipient. If you expect regular withdrawals, you better get a bank account yourself to simplify accounting and year end returns. Most banks are offering zero balance savings accounts and if you have IDBI branch nearby, go for it. They even have many other charges waived off.
There will be no problem with the bank for sure. The problem will be on PayPal since I will be withdrawing money from my account using a different bank account name. That's what I'm worried about.
^Yup! Though I'm worried that my account will be flag if I withdraw it using other's bank account. That's why I need to be sure 1st