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Which indian banks accept mismatched/incorrect names for paypal?

Discussion in 'PayPal' started by igotaquestion7, Mar 5, 2014.

  1. #1
    According to this thread. SBI(state bank of india) allow mismatched/incorrect names:

    https://forums.digitalpoint.com/threads/anyone-verify-paypal-account-with-state-bank-of-india.2234020/

    He says:
    Few days later said
    Also here:

    https://forums.digitalpoint.com/threads/anyone-verify-paypal-account-with-state-bank-of-india.2234020/

    It was said:
    So if i verify my paypal with pan card, and I want to attach my friends bank as a second bank to my paypal account. And my name is "Robert Smith" and if the name on his indian bank is "John Brady" , and i tried to withdraw to his indian bank from paypal.

    Which banks would accept the deposit with completely wrong name i.e which bank doesnt care for name, only cares if Account number and NEFT is correct?
     
    igotaquestion7, Mar 5, 2014 IP
  2. humtuma

    humtuma Notable Member

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    #2
    Paypal is not going to see name. They will send two small amounts , your have to enter that amount in your paypal account and if it correct you account will be verified. You did not need to anything else.
     
    humtuma, Mar 5, 2014 IP
  3. igotaquestion7

    igotaquestion7 Peon

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    #3
    I dont want bank to reject deposit from paypal

    Which INDIAN bank will accept deposit even if name is completely different?
     
    igotaquestion7, Mar 5, 2014 IP
  4. Achievement Firm

    Achievement Firm Member

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    #4

    No bank will accept if names are completely different .. but almost all banks will accept if there is slight difference in name like "Web Dev" instead of "Dev" etc. .
     
    Achievement Firm, Mar 5, 2014 IP
  5. eric_wahlberg

    eric_wahlberg Well-Known Member

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    #5
    You can do one think, open a current account with name written on cheque and then deposit money into it.
     
    eric_wahlberg, Mar 6, 2014 IP
  6. igotaquestion7

    igotaquestion7 Peon

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    #6
    But in the first thread I mentioned. Some guy said he used SBI and used different name and still got 2 deposits from ebay. Can anyone confirm if SBI allows paypal deposit even if paypal name is wrong

    Also can you tell me did you try to withdraw to a bank with different name
     
    igotaquestion7, Mar 6, 2014 IP
  7. igotaquestion7

    igotaquestion7 Peon

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    #7
    i dont get what you mean
     
    igotaquestion7, Mar 6, 2014 IP
  8. igotaquestion7

    igotaquestion7 Peon

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    #8
    What does this guy mean:

    https://forums.digitalpoint.com/threads/plz-help-paypal-withdrawl-issue.1131727/page-3

    So does it mean I can have different name on paypal and compeltely different bank name and withdraw it so long as account number and NEFT is correct? But I need to tell bank about this
     
    igotaquestion7, Mar 6, 2014 IP
  9. igotaquestion7

    igotaquestion7 Peon

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    #9
    From the reserve bank of india 2010:


    http://rbi.org.in/scripts/NotificationUser.aspx?Id=6043&Mode=0

    So which banks dont care for name and dont use name matching software?

    Also here there are more than 3 people stating they wanted to send money to their family member but typed bank account number wrong but ICICI still deposited the money to wrong bank account of random person even though name obviously didnt match. ICICI then told them the money was credited to incorrect bank because they dont care for name of IFSC code. They only care for account number
    http://forum.indiaconsumercomplaints.com/Thread-NEFT-Money-by-Mistake-Credited-to-Another-Account#.UxjBBfnV_aQ
     
    Last edited: Mar 6, 2014
    igotaquestion7, Mar 6, 2014 IP