PayPal balance was auto withdrawn

Discussion in 'PayPal' started by karthimx, Sep 12, 2011.

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  1. bloodmage478

    bloodmage478 Member

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    #21
    As long as there is no withdrawal fee ,i dont care about this.
     
    bloodmage478, Sep 13, 2011 IP
  2. karthimx

    karthimx Prominent Member

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    #22
    Yes. the total amount and conversion rate should be sent via email.

    Also Daily withdraw is not fair.
     
    karthimx, Sep 13, 2011 IP
  3. bloomsden

    bloomsden Well-Known Member

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    #23
    Can anyone confirm that at what time this autowithdrawl is done daily? or it automatically withdraws whenever we receive the money?
     
    bloomsden, Sep 13, 2011 IP
  4. QubeSys Technologies

    QubeSys Technologies Active Member

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    #24
    We havent yet received any such emails.

    Is it also applied for Paypal Business Accounts ?
     
    QubeSys Technologies, Sep 13, 2011 IP
  5. karthimx

    karthimx Prominent Member

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    #25
    I have a premium account and the auto withdraw done yesterday 3:30 an IST.

    not sure about business account.
     
    karthimx, Sep 13, 2011 IP
  6. unna

    unna Well-Known Member

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    #26
    will our bank allows this????

    I think they will ask us to have a current account.
     
    unna, Sep 13, 2011 IP
  7. deluxdon

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

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    #27
    Then seems like problem for us :(

    DON.
     
    deluxdon, Sep 13, 2011 IP
  8. Ragu_007

    Ragu_007 Well-Known Member

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    #28
    It's not related to our bank account whether it is current or savings account. It's just a NEFT transfer.
     
    Ragu_007, Sep 13, 2011 IP
  9. karthimx

    karthimx Prominent Member

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    #29
    If they ask for a current account then it will become even worst for us. I hope they will not.
     
    karthimx, Sep 13, 2011 IP
  10. ninja_va

    ninja_va Peon

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    #30
    I don't understand this move by RBI - Changing policies too frequently.

    It was nice to have control over withdrawal timing as per exchange rate :(
     
    ninja_va, Sep 13, 2011 IP
  11. ron_bun

    ron_bun Active Member

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    #31
    Prima facie there seems to be no concerns with the procedure.

    However, daily sundry payments landing up in bank account is menance indeed. Difficult to understand and believe the rational behind it.

    Irononically, there is no update on official paypal blog too. It's an impulsive and irresponsive implementation by PayPal India to say the least.
     
    ron_bun, Sep 13, 2011 IP
  12. blogger10

    blogger10 Greenhorn

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    #32
    In also got the payment as autowithdrawal on the same day... Did anybody get an email regarding this update from paypal?
     
    blogger10, Sep 13, 2011 IP
  13. humm

    humm बहादुर बच्चा

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    #33
    I had just removed my balance I got a forced auto withdrawal worth 5000 Rs yesterday, can confirm that no fees was charged. Now how do we stop this nonsense system of auto-withdrawal??

    We need atleast 7-10 days to decide our best day and max funds!
     
    humm, Sep 13, 2011 IP
  14. deluxdon

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

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    #34
    I don't think so that we can manually stop this auto withdrawal in our indian paypal accounts.

    DON.
     
    deluxdon, Sep 13, 2011 IP
  15. unna

    unna Well-Known Member

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    #35
    Now bank will also asked about whats going on in our account and may be RBI will take some action about this...........
     
    unna, Sep 13, 2011 IP
  16. karthimx

    karthimx Prominent Member

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    #36
    Monthly Account Statement will be a long chart every month if daily transaction took place :D
     
    karthimx, Sep 13, 2011 IP
  17. Ragu_007

    Ragu_007 Well-Known Member

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    #37
    You are not doing anything illegal. Just you are getting NEFT transfer. They wont consider this because there are many other people who are doing large number of transactions a day. Also if you withdraw the amount daily, you will get only small amount from PayPal. If you do large transactions daily then they may ask you the details. Or else, no worries :)
     
    Ragu_007, Sep 13, 2011 IP
  18. unna

    unna Well-Known Member

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    #38
    I am feeling just like a daily wages employee (Dihadi Majdoor). Really Paypal knows that Dihadi Majdoors are very popular in India.
     
    unna, Sep 13, 2011 IP
    s_pop and deluxdon like this.
  19. s_pop

    s_pop Greenhorn

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    #39
    This is really terrible - I sent email to Paypal about this & still no reply from them... I guess Everything can be accepted except situation of refund.
     
    s_pop, Sep 13, 2011 IP
  20. deluxdon

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

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    #40
    Nice one unna :D At least they need to turn this to 7 days withdrawal instead of current daily withdrawal. Everyone needs to request them through their email support system and hope for the best IMO :)

    DON.
     
    deluxdon, Sep 13, 2011 IP
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