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PayPal started Bank Transfers in INDIA

Discussion in 'PayPal' started by Abhik, Oct 30, 2007.

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  1. deluxdon

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

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    #101
    Can someone tell me current exchange rate paypal giving while transfer to indian bank account :confused: (Asking to those who already requested withdrawal to their bank account)
     
    deluxdon, Oct 31, 2007 IP
  2. MeetHere

    MeetHere Prominent Member

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    #102
    How can you say that ?:)
     
    MeetHere, Oct 31, 2007 IP
  3. deluxdon

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

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    #103
    We all getting check from paypal (citi bank) so may be citi bank is their indian disburshment partner IMO. May be abhik think same way as i :)
     
    deluxdon, Oct 31, 2007 IP
  4. hmpargi

    hmpargi Active Member

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    #104
    yea dis is great for all our indian webmaster... i hope they soon start deposinting fund into paypal...direct :D
     
    hmpargi, Oct 31, 2007 IP
  5. Abhik

    Abhik ..:: The ONE ::..

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    #105
    Thats right.. :)
    anyway, PP is giving the conversion rate of INR 39.15 for USD 1 at this moment. Just checked it.
     
    Abhik, Oct 31, 2007 IP
  6. Indian_Webmaster

    Indian_Webmaster Banned

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    #106
    Do this requires to have a same Bank Account Name as appear on the PayPal Account?
     
    Indian_Webmaster, Oct 31, 2007 IP
  7. deluxdon

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

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    #107
    Yes. But i think they are giving option to change first name while withdraw funds through bank transfer (same as withdraw through check) so we can change that as well. Last name remain same there.

    @Abhik - INR 39.15 for USD 1 is good IMO ;)
     
    deluxdon, Oct 31, 2007 IP
  8. Indian_Webmaster

    Indian_Webmaster Banned

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    #108
    Are you sure DON?
     
    Indian_Webmaster, Oct 31, 2007 IP
  9. deluxdon

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

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    #109
    Just see that option while trying to withdraw through bank transfer. You can also check it yourself there.
     
    deluxdon, Oct 31, 2007 IP
  10. Freewebspace

    Freewebspace Notable Member

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    #110
    I think it's a good move by paypal ,It is going to benefit lot of us.
     
    Freewebspace, Oct 31, 2007 IP
  11. Abhik

    Abhik ..:: The ONE ::..

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    #111
    Yeah.. Thats for sure.
    BTW, my funds got deducted from PayPal but still not appeared in my Bank account.
    Probably I really need to wait for a week or so.
     
    Abhik, Oct 31, 2007 IP
  12. deluxdon

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

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    #112
    BTW its already mention there that it'll take 5 to 7 working days so you have to keep pations there ;)
     
    deluxdon, Oct 31, 2007 IP
  13. Indian_Webmaster

    Indian_Webmaster Banned

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    #113
    It will take 2 days to get money into your bank Account. I have read this on Amit Patel's Blog
     
    Indian_Webmaster, Oct 31, 2007 IP
  14. KMKM

    KMKM Peon

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    #114
    Strange in my withdrawl it shows

    1 U.S. Dollar = 38.0542 Indian Rupees

    Has the rupee gone down by 1 this day?


    Regards,
    ~KMKM
     
    KMKM, Oct 31, 2007 IP
  15. Minterest

    Minterest Well-Known Member

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    #115
    Yes,, I just received the mail from PayPal regarding this..... Its a welcome to all INDIAN Webmasters..........
     
    Minterest, Oct 31, 2007 IP
  16. qualityhostings

    qualityhostings Well-Known Member

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    #116
    qualityhostings, Oct 31, 2007 IP
  17. deluxdon

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

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    #117
    If you go through this thread properly you can find that i have already said before that for ICICI,HDFC,IDBI banks IFSC code you have to just check your cheque book because it is already printed there. :)
     
    deluxdon, Oct 31, 2007 IP
  18. dotcompals

    dotcompals Prominent Member

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    #118
    This is really great news. Thank you paypal.

    One think, i 've noted is that, on the 'Add a bank account in India" page of paypal , they say as follows:

    But strangely there is no col for typing in your account name!

    [​IMG]
     
    dotcompals, Oct 31, 2007 IP
  19. Indian_Webmaster

    Indian_Webmaster Banned

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    #119
    This is really a strange fact...
     
    Indian_Webmaster, Oct 31, 2007 IP
  20. Minterest

    Minterest Well-Known Member

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    #120
    Minterest, Nov 1, 2007 IP
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