How to withdraw money without much Fee from Paypal in India

Discussion in 'PayPal' started by vinodis, May 19, 2007.

  1. #1
    I've got some amount in Paypal. Its a premium verified account. But they are charging $5 to send the cheque.
    What kind of a cheque is it?. Which Currency?. Is there a cheaper way to transfer money to your indian(ICICI) bank account?
     
    vinodis, May 19, 2007 IP
  2. inworx

    inworx Peon

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    #2
    The check is in INR.

    You pay $5 flat fee + 2.5% currency conversion fee + Around 50-200 INR fee charged by bank.

    Try Xoom. Cheaper than PayPal checks
     
    inworx, May 20, 2007 IP
  3. getjimmy

    getjimmy Prominent Member

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    #3
    No, i dont think so.
     
    getjimmy, May 20, 2007 IP
  4. Kulwinder

    Kulwinder Active Member

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    #4
    I would also suggest Xoom, as its reliable and fast !!
    Cheques can take more then 2 weeks to arrive, but Xoom can get your money directly to your bank account (bank should have electronic transfer) within 4-5 days. (I got it in 2 days !!)

    If you want to know more about Xom view this thread Clear Your Doubts About Xoom [INDIANS ONLY] - Thanks to Sandrarocks.

    Hope this helps.

    Best Regards,
    Kulwinder.
     
    Kulwinder, May 20, 2007 IP
  5. Rishimac

    Rishimac Guest

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    #5
    I have got some Paypal checks. The check comes in Rupees and bank charges about Rs. 50 on it and it also get clears very fast.

    [ Note: I use an ICICI Bank acc. ]
     
    Rishimac, May 20, 2007 IP
  6. vinodis

    vinodis Peon

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    #6
    Thank you all for the valuable inputs.
     
    vinodis, May 20, 2007 IP
  7. uttoransen

    uttoransen Prominent Member

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    #7
    once you call the check, paypal takes $5, arround 200 INR!
    then, you cash the check, the check is citibank check, the bank takes about 100INR for 6k INR checks! this rate of clearence deponds on banks and ammount also! i have used sbi for the clearence!:)
     
    uttoransen, May 20, 2007 IP