Paypal is withdrawing funds automatically daily. Sometimes twice in a day. The +ve thing is only that we dont have to pay any fee and also money is transferring very fast in the account.
Hi, i have heard that paypal have started doing automatic daily withdrawals to bank account for the users in india. whatever amount you have in paypal, they will not keep it and will transfer to your bank automatically on daily basis. is this true? does anybody knows anything more about this?
Yes,its true what you heard.The funds will be withdrawn automatically to your bank account and Many Indian Paypal users have faced this problem yet
Yes it will be automatically withdraw to your bank account if you have added your bank account and also added the purpose code. But this will happen anytime in a day.
Auto withdraw is already started 3 days before. From sep 26th you can't receive payment more that $500 per transaction.
I am facing any such auto withdraw in my account.... can anybody guess why? anything wrong with my account? Mine is a business account
Go to Bank Account settings in PayPal, select your preferred bank account and click the 'Make Auto Withdrawal' button.
Ahhh, seems lots of ppl facing this problem. what happens if you dont have bank account added in paypal?
I think there has been an ongoing topic about that. You can check it here: http://forums.digitalpoint.com/showthread.php?t=2279515