Make auto withdrawal button added in indian paypal - 7 days withdrawal rules started

Discussion in 'PayPal' started by SAGILIO, Jul 26, 2011.

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  1. nihangshah

    nihangshah Prominent Member

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    #61
    I can't find it mentioned anywhere. Can you give me the link, where $10 is mentioned as minimum balance for auto-withdraw?
     
    nihangshah, Aug 23, 2011 IP
  2. Discoverizon

    Discoverizon Peon

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    #62
    Is it possible for you to make regular withdrawala to your bank account?
     
    Discoverizon, Aug 23, 2011 IP
  3. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #63
    Yes as per paypal's new rule one can make auto withdrawal to their bank account from their paypal account.

    DON.
     
    deluxdon, Aug 23, 2011 IP
  4. DumpPaypal

    DumpPaypal Peon

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    #64
    Anyone experienced the New auto-withdrawal rule? did papal execute that in anyone's account?
    I have it selected. But nothing yet!
     
    DumpPaypal, Aug 23, 2011 IP
  5. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #65
    They executed that rule in my account already :p

    DON.
     
    deluxdon, Aug 24, 2011 IP
  6. Card

    Card Well-Known Member

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    #66
    I recieved yesterday 490$ payment and i had kept to withdraw money today and paypal automatically withdrawn to my ICICI bank account.And they send me email same as deluxdon said :)
     
    Card, Aug 24, 2011 IP
  7. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #67
    But at least they need to add amount details in email which they are traferring to our bank account as for that we need to login and check withdrawal amount.

    DON.
     
    deluxdon, Aug 24, 2011 IP
  8. DumpPaypal

    DumpPaypal Peon

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    #68
    Ok thats a NEWS now!
    So that means we will get paypal money everyday now (we do it or not ourselves)

    It hasnt't for my account as yet (i have selected auto account some 2 weeks back)
    May be bcoz i never entered my PAN and as paypal themselves have filled in default PAN code of AAAA9AAAA s(something like that) in its place. :p
     
    DumpPaypal, Aug 24, 2011 IP
  9. blogger10

    blogger10 Greenhorn

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    #69
    Yes paypal have started... Before that you can enter any 10 digit alpha numeric instead of pan and it accepts that without any verification and delay...
     
    blogger10, Aug 24, 2011 IP
  10. supersenwins

    supersenwins Well-Known Member

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    #70

    You mean paypal accepted random PAN, that the user entered, and those users still are not facing any problems?
     
    supersenwins, Aug 24, 2011 IP
  11. DumpPaypal

    DumpPaypal Peon

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    #71
    Though i didn't enter random PAN (in fact PP themselves put default PAN in my PAN field), there were many who did and i think they are not having any issue now as i have confirmed that there is a "change" option for all people now (earlier there was no such change option next to pan number).
    Further this "change" option is seen every time we try to withdraw via electronic transfer and also in profile settings! (I don't know though whether someone, who wrongly entered, actually has tried to change to real PAN using that option)

    One reason i think PP did add this option can be bcoz now they are able to verify it PROPERLY (takes some days) rather than before when they only checked the basic PAN form code with the name in PP account
     
    DumpPaypal, Aug 24, 2011 IP
  12. supersenwins

    supersenwins Well-Known Member

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    #72
    It is a bit hard for me to believe that paypal, by default, would enter random PAN in users accounts, because if they so do, they are defying / circumventing Indian laws, and their business in India might even get jeopardized by that . May be you entered it and totally forgot about it??

    Also, what is with this daily withdrawal nonsense? Wasnt it supposed to be a weekly auto withdrawal thingie?

    BTW, ppl may face problems with their banks if the bank sees payment coming in daily via NEFT. It happened to me with a bank (I was only withdrawing every 3-4 days). They stopped all incoming NEFTs, until I visited them personally. So, what I'm saying is this daily auto withdrawal thing may cause a few problems, especially for ppl who get $$ or $$$ into their account daily.
     
    supersenwins, Aug 24, 2011 IP
  13. DumpPaypal

    DumpPaypal Peon

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    #73
    Well i don't forget things. The default PAN i am talking about is same as in image here http://img.technospot.in/Paypal-PAN.png
    I dont think this default PAN goes with my name (all know that previously PP used to cross check it with name. It didnt accept just any PAN ). So that way it is not possible that i entered it and PP accepted it and i forgot!

    Still not sure its daily or weekly! One needs to get money in his/.her Pp account daily to check out!

    Even if these morons go ahead and send daily NEFT's , i can see a solution to stop those! (Not sure what will be its outcome and whether they will fix it or something later)
     
    Last edited: Aug 24, 2011
    DumpPaypal, Aug 24, 2011 IP
  14. supersenwins

    supersenwins Well-Known Member

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    #74
    ...mmm I dont know, I may have overlooked your PM. Contact me now. BTW, not every information is for public consumption ;) so PM me.
     
    supersenwins, Aug 24, 2011 IP
  15. karthimx

    karthimx Prominent Member

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    #75
    I have not experienced to auto-withdraw yet. I still have my balance in my account. I withdraw on 23rd manually and remaining balance is still in my pp account.
     
    karthimx, Aug 24, 2011 IP
  16. Card

    Card Well-Known Member

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    #76
    If you also see auto withdrawl automatically from Paypal like me and deluxdon,update us in this thread :)
     
    Card, Aug 24, 2011 IP
  17. karthimx

    karthimx Prominent Member

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    #77
    Did you click on auto withdraw button before?
     
    karthimx, Aug 24, 2011 IP
  18. pupul

    pupul Prominent Member

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    #78
    I see the auto withdrawal button.

    We can't withdraw below $10

    No bank charge for withdraw for Indians. But minimum amount is $10 for withdraw to your Indian Bank.
     
    pupul, Aug 24, 2011 IP
  19. coolnikin

    coolnikin Well-Known Member

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    #79
    well atleast my pan wont be associated with old acc., which has years of transactions ;)
     
    coolnikin, Aug 25, 2011 IP
  20. Card

    Card Well-Known Member

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    #80
    No,It got withdrawl automatically?
     
    Card, Aug 25, 2011 IP
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