Withdrawing funds from Paypal through Xoom

Discussion in 'PayPal' started by shriti, Mar 13, 2007.

  1. #1
    Hi,

    I m planning to withdraw money from my paypal account through xoom.
    Xoom will charge me $15 as their fee.Will paypal also charge me something in withdrawing my funds through xoom ???
     
    shriti, Mar 13, 2007 IP
  2. edy

    edy Peon

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    #2
    I don't think so. Because you are making the payment to Xooms payapl account. You are not making a withdrawal from paypal account.
     
    edy, Mar 13, 2007 IP
  3. psyberweb

    psyberweb Peon

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    #3
    nope you will only pay the normal fee for sending money from one party to another. :)
     
    psyberweb, Mar 13, 2007 IP
  4. arvind_srivastava

    arvind_srivastava Well-Known Member

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    #4
    Paypal doesn't charges you any amount to send funds to anyone(read even Xoom)
    Also to avoid paying Xoom fees of $15 use the code "XOOMLATINO"

    Just make up your mind and use the code fully as this code can be used only once.Better to use the code for large value transactions.


    Al
     
    arvind_srivastava, Mar 13, 2007 IP
  5. webspider2005

    webspider2005 Well-Known Member

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    #5
    Can anyone use that code regardless of fund destination?
     
    webspider2005, Mar 14, 2007 IP
  6. arvind_srivastava

    arvind_srivastava Well-Known Member

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    #6
    I have used this code for my transaction from mu PP account to my Indian Bank account. I don't see any reason why others can't use it.

    However this code can be used once only.

    Al
     
    arvind_srivastava, Mar 14, 2007 IP
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  7. shriti

    shriti Well-Known Member

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    #7
    Thankyou Arvind for such a useful information. I completed the transaction succesfully without spending a single penny:D .Thanks a lot;)
     
    shriti, Mar 14, 2007 IP
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  8. arvind_srivastava

    arvind_srivastava Well-Known Member

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    #8
    I feel glad that I could help in some way.


    Al
     
    arvind_srivastava, Mar 14, 2007 IP
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  9. intex

    intex Active Member

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    #9

    Hey thnx
    I hope it will work... :)
    I didn't use xoom yet but in future I will give it a try for sure.
     
    intex, Mar 14, 2007 IP
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  10. pulikuttann

    pulikuttann Banned

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    #10
    Friend !

    Can u plz give me one code for me also ???
    If I am not using the code what can be the charge of xoom ?
     
    pulikuttann, Apr 23, 2007 IP
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  11. deluxdon

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

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    #11
    XOOM charge $8 for transaction <= $500
    and $15 for transaction between >=$501 and <=$1000.

    :)
     
    deluxdon, Apr 23, 2007 IP
  12. arvind_srivastava

    arvind_srivastava Well-Known Member

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    #12
    Sorry to say but the codes arer not working anymore.
    You can register and make a transfer using my affiliate link, in the process I would be able to make $5 and would be happy to pass on $3 to you.
    PM me for the affiliate link.

    That's all I can do as of now.
    No other codes are available as of now.


    Al
     
    arvind_srivastava, Apr 23, 2007 IP
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  13. deluxdon

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

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    #13
    Thats great arvind.

    BTW how much we have to pay if we transfer using your affiliate link :confused:

    :)
     
    deluxdon, Apr 23, 2007 IP
  14. humm

    humm बहादुर बच्चा

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    #14
    I just used first time xoom yesterday... I ordered things via bluedart, let see how fast I get it. :eek:
     
    humm, Apr 23, 2007 IP
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  15. arvind_srivastava

    arvind_srivastava Well-Known Member

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    #15
    Bro basically, you pay $8 or $15 depending on your transaction amount to xoom.
    Now when you initiate a transaction and it gets completed, I get $5 from Xoom -- now I pass on $3 to you.

    To explain the procedure in detail, modus of operandi is as follows:

    Suppose you need life insurance.
    Then you contact LIC and can get it done or you can contact the agent of LIC.
    If you get it done through LIC directly then you don't get any rebate and pay them fully, however if you get the same life insurance cover through an agent, he gets some comission from LIC, which he passes on to you.

    Same is the case with xoom.You can pay directly to xoom if you feel like else you can register via my link and get some cash back ;)
    (I don't know whether it is appropriate to paste my link in this section basically)

    Now some Indian brains might have thought about this too:
    If they initiate a $1000 transfer (actual cost of transfer comes out to $12)
    If they initate a $500 transfer (actual cost comes out to be $5)

    Why not initiate 2 $500 transfers and save the $2???;)
    Well it can be done, you just need to register twice.

    Also keep in mind that as per current rules, you can only initiate 3 transfers of any amount via Xoom.
    So Dp members who make $1500 per month should initiate 3 transfers per month of $500 each and others making more should go for higher amounts else in trying to save costs, you wonn't be able to initiate a payment itself for the current month.

    Hope this helps

    Bro, good to see that you initiated a transfer yesterday, however just check your mail box and tell us have you recieved an email from xoom with the subject line "Your transfer id underway" or not.


    Al
     
    arvind_srivastava, Apr 23, 2007 IP
  16. humm

    humm बहादुर बच्चा

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    #16
    Email says: Your Xoom Transaction is Underway :eek:
     
    humm, Apr 23, 2007 IP
  17. deluxdon

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

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    #17
    As far as i know about Xoom is they allow to transfer $1,000 per 24 hours period, and $3,000 per 30 day period. And based on your transaction history with Xoom, may be they raised your limit in the future.

    BTW thanks for info regarding your affiliate link.
     
    deluxdon, Apr 23, 2007 IP
  18. Miss Miaow

    Miss Miaow Active Member

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    #18
    I tried to do this but my Paypal got refunded. Toinks!
     
    Miss Miaow, Apr 25, 2007 IP
  19. deluxdon

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

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    #19
    Can you tell us more about this ? Why they refunded your money to your paypal ? Reason :confused:
     
    deluxdon, Apr 25, 2007 IP
  20. Bondat

    Bondat Peon

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    #20
    Does this affiliate link works on any country?
     
    Bondat, Apr 25, 2007 IP