PayPal balance was auto withdrawn

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

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  1. JoomlaDesigner

    JoomlaDesigner Active Member

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    #41
    This applied to business accounts as well... Autowithdrawal is enabled in my Business account since 12th September.


     
    JoomlaDesigner, Sep 13, 2011 IP
  2. olddocks

    olddocks Notable Member

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    #42
    If you have multiple bank accounts added to paypal, you can select another bank account as primary and stop auto withdrawal.
     
    olddocks, Sep 14, 2011 IP
  3. rajamanickam.a

    rajamanickam.a Well-Known Member

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    #43
    It seems there is one important issue with this auto withdrawal due to exchange rate difference. I had shared my experience in my blog post.
     
    rajamanickam.a, Sep 14, 2011 IP
  4. karthimx

    karthimx Prominent Member

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    #44
    The amount has not auto withdraw for almost 40 hours. any one?
     
    karthimx, Sep 14, 2011 IP
  5. radiotiger

    radiotiger Peon

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    #45
    This is too ridiculous! See if I earn 10 USD that day, will they withdraw this amount and charge 250 INR Transfer charges.
    Rs.250 is levied for withdrawals less than 7000 INR.
    Any one got response from paypal regarding this?
     
    radiotiger, Sep 14, 2011 IP
  6. deluxdon

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

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    #46
    Amount withdrawn in my paypal account just 12 hours back.

    @radiotiger - There is no charge for withdrawal below 7000 Rs. as well. And btw it was 50 Rs. not 250 Rs. earlier.

    DON.
     
    deluxdon, Sep 14, 2011 IP
  7. karthimx

    karthimx Prominent Member

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    #47
    oh, so it is withdraw 2 days continuously for you ?
     
    karthimx, Sep 14, 2011 IP
  8. deluxdon

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

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    #48
    Yes 2 days continuous withdrawal from my paypal account due to this new rule.

    DON.
     
    deluxdon, Sep 14, 2011 IP
  9. karthimx

    karthimx Prominent Member

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    #49
    both withdraw on same time?

    if yes what time?
     
    karthimx, Sep 14, 2011 IP
  10. deluxdon

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

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    #50
    One on 1.40 am and another one on 3.45 am IST.

    DON.
     
    deluxdon, Sep 14, 2011 IP
  11. Card

    Card Well-Known Member

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    #51
    Well,My funds which I recieved yesterday at my Paypal account was automatically withdrawn to my ICICI bank account at 12 pm today :)
     
    Card, Sep 14, 2011 IP
  12. karthimx

    karthimx Prominent Member

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    #52
    I got auto withdraw at 3:15 am day before yesterday but nothing yesterday.

    May I know how much it automatically withdraw, just to know what is minimum for auto withdraw.
     
    karthimx, Sep 14, 2011 IP
  13. Card

    Card Well-Known Member

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    #53
    My amount which got withdrawn automatically was 341$ but if the amount is below 10$ will that also be withdrawn or not as minimum withdrawl for Indians is 10$ :)
     
    Card, Sep 14, 2011 IP
  14. deluxdon

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

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    #54
    Both above $100.

    DON.
     
    deluxdon, Sep 14, 2011 IP
  15. abiji

    abiji Active Member

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    #55
    Another scenario i was thinking of.

    Lets say person x (a hacker) gets access to person y paypal account. He sends us $500 for services and it gets auto withdrawn the same day. Later person Y files a complaint for unauthorized activity. What will happen then ?
     
    abiji, Sep 14, 2011 IP
  16. Card

    Card Well-Known Member

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    #56
    If like that happens,as Paypal holds payment when a dispute happens at your Paypal account so,either 500$ will be deducted from your CC limit or if you dont have cc limit that much,your withdrawl will be stopped and your PAypal balance will be gone to Negative :)
     
    Card, Sep 14, 2011 IP
  17. raoraj

    raoraj Well-Known Member

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    #57
    so how much time it has taken to come to your Bank AC.?
    is it still taking 2-3 days to come to bank ac?
     
    raoraj, Sep 14, 2011 IP
  18. deluxdon

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

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    #58
    Yes there is no any change in it.

    DON.
     
    deluxdon, Sep 14, 2011 IP
  19. Ragu_007

    Ragu_007 Well-Known Member

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    #59
    For me the amount is not auto withdraw for more than 48 hours and it is never happened before.
     
    Ragu_007, Sep 14, 2011 IP
  20. jackpot12

    jackpot12 Guest

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    #60
    Is there any minimu amount for which withdraw will be done? For example if i have less than 5$ what will happen?
     
    jackpot12, Sep 14, 2011 IP
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