Anoybody having funds in paypal for more than 7 days till today?

Discussion in 'PayPal' started by jagan1981, Mar 28, 2011.

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  1. #1
    I have just 63$ in my paypal acc and tomorrow will be the 7th day. Should i withdraw i keep it as its going to charge me the 1$ fees for Rs less than 7k rule
     
    jagan1981, Mar 28, 2011 IP
  2. DhrubaJyotiDeka

    DhrubaJyotiDeka Well-Known Member

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    #2
    If you want to take a risk, you can.

    But I don't recommend you to do this.
     
    DhrubaJyotiDeka, Mar 28, 2011 IP
  3. Moses8595

    Moses8595 Peon

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    #3
    It's Risky?why?
     
    Moses8595, Mar 28, 2011 IP
  4. DhrubaJyotiDeka

    DhrubaJyotiDeka Well-Known Member

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    #4
    Because PayPal's new Policy change for Indian users to withdraw fund to bank account within 7 days of recieve the same.
     
    DhrubaJyotiDeka, Mar 28, 2011 IP
  5. Ragu_007

    Ragu_007 Well-Known Member

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    #5
    But that policy is not implemented yet. You can able to receive more than $500/transaction and you can keep your money for more than 7 days.
     
    Ragu_007, Mar 28, 2011 IP
  6. jagan1981

    jagan1981 Well-Known Member

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    #6
    Today when i logged in to paypal...it showed me the usual change in terms and conditions....have they implemented it as yet?
     
    jagan1981, Mar 28, 2011 IP
  7. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #7
    Not implemented yet but in process already.
    And will be active in few days or by this week.
     
    Digital_shubhi, Mar 28, 2011 IP
  8. karthimx

    karthimx Prominent Member

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    #8
    Yes I'm having paypal balance more than 1 week. but its not implemented yet.
     
    karthimx, Mar 29, 2011 IP
  9. chandan123

    chandan123 Prominent Member

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    #9
    there is no problem now to hold but it can change soon
     
    chandan123, Mar 29, 2011 IP
  10. ~Monty~

    ~Monty~ Active Member

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    #10
    I have it for more than 7 days. No problem yet! :)
     
    ~Monty~, Mar 29, 2011 IP
  11. bismarck1000

    bismarck1000 Peon

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    #11
    I too had some balance in PayPal but some how i dint wanted to take risk and withdrawn it before 7days.You never know with paypal they may say it was intimated earlier that from 1st march it will be applicable.However there is no mail received after that about conformation.
     
    bismarck1000, Mar 29, 2011 IP
  12. DhrubaJyotiDeka

    DhrubaJyotiDeka Well-Known Member

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    #12
    For me, it is implemented already. I cannot send money through PayPal as I am having no CC.

    And I am not going to take risk with my money by keeping it for more than 7 days as one rule is already imposed on my account.

    It may be because, I use to withdraw funds by every alternate day from the very beginging of my PayPal usage. I don't keep money in PayPal whenever I recieve $400+, be it INR 42 per Doller or whatever.
     
    DhrubaJyotiDeka, Mar 29, 2011 IP
  13. developerpanda

    developerpanda Peon

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    #13
    I had balance for more than 2 weeks there without any problems. Additionally I can confirm the $500 receiving limit is not in place yet. These might change in future though.
     
    developerpanda, Mar 29, 2011 IP
  14. jagan1981

    jagan1981 Well-Known Member

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    #14
    Lets see...i didnt go for withdrawal this time...as i am expecting some more funds to come to begin withdrawing
     
    jagan1981, Mar 30, 2011 IP
  15. DhrubaJyotiDeka

    DhrubaJyotiDeka Well-Known Member

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    #15
    Try for withdrawing, then say about you confirm.

    Never encourage anybody against any rule. This is bad idea.
     
    DhrubaJyotiDeka, Mar 31, 2011 IP
  16. developerpanda

    developerpanda Peon

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    #16
    If it was not apparent I received $1500 at once & withdraw & now the money is in my bank account. Happy? "The rule" is not applied yet so yea its a good idea.
     
    developerpanda, Mar 31, 2011 IP
  17. DhrubaJyotiDeka

    DhrubaJyotiDeka Well-Known Member

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    #17
    Again bad idea of talking in public forum.
     
    DhrubaJyotiDeka, Mar 31, 2011 IP
  18. supersenwins

    supersenwins Well-Known Member

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    #18
    Dude, no problems as of now. I have a lot more than that and it remains in my PP balance for more than 1 month now!
     
    supersenwins, Mar 31, 2011 IP
  19. photoworldblog

    photoworldblog Active Member

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    #19
    i am having paypal balance from past one month.....
     
    photoworldblog, Mar 31, 2011 IP
  20. shahilroyhere

    shahilroyhere Well-Known Member

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    #20
    Talking with experience - If you keep the balance now, they will do nothing as their rules have not yet been enforced rigidly. I also had money for sometime.
    Another fact is that, just mail the PayPal team to make the withdrawal for you and they will do without that Rs.50 fees. :).
     
    shahilroyhere, Apr 1, 2011 IP
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