withdraw to bankaccount...

Discussion in 'Payment Processing' started by vitrag24, Nov 21, 2007.

  1. #1
    I'm going to withdraw funds from paypal to my icici bank account..

    Worried if payment returned then it'll charge payment fee..

    it'll written that Please enter your name exactly as it appears on your bank account.

    I've First Name "VITRAG" Last Name "SHAH" in my paypal and in bankacocunt also it must be same ..they wrote name from my passport.. in passport it is written as name "Vitrag middlename" Surname: "SHAH"

    is it ok? will it conflict?

    and one more question.. IFSC code of branch in which i created account or ifsc code of any branch of icici in my city will be ok?

    Anyone please if you have tried then solve my query. :) so i can withdraw without fear.
     
    vitrag24, Nov 21, 2007 IP
  2. eddy2099

    eddy2099 Peon

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    #2
    As to your first question, you might want to ask Paypal about it.
     
    eddy2099, Nov 21, 2007 IP
  3. deluxdon

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

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    #3
    There is no problem if your paypal account having First Name and Last Name while your bank account name having First Name,Middle Name and Last Name.

    Regarding IFSC code you can easily find it on your ICICI bank account's cheque book leaves.

    DON.
     
    deluxdon, Nov 21, 2007 IP
  4. vitrag24

    vitrag24 Active Member

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    #4
    Yeah.. my name and spelings are simila...i fear just whether it'll recognise or not and accept patments or not.. actually i'm a medical student and dumbo in commerce :D that's y much fear..

    ==============

    In cheque book where to find ifsc number?
    i've cheque book in my hand rightnow..guide to find ifsc number..
     
    vitrag24, Nov 21, 2007 IP
  5. deluxdon

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

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    #5
    On each cheque leaves there is left side your bank branch's address specified and just below that you can find 'IFSC Code : ICIC0000xxx' where xxx is your branch code. Hope this helps you.
     
    deluxdon, Nov 21, 2007 IP
  6. vitrag24

    vitrag24 Active Member

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    #6
    :(
    unable to find.
    below address there is nothing like icici0000XXX not able to find even word ifsc code or any number starting from icici***
     
    vitrag24, Nov 21, 2007 IP
  7. Indian_Webmaster

    Indian_Webmaster Banned

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    #7
    Yes I don't think all cheque books having IFSC codes printed there. I am not having Exp with ICICI though but It is happened to me with SBI
     
    Indian_Webmaster, Nov 21, 2007 IP
  8. YIAM

    YIAM Notable Member

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    #8
    It's clearly printed In 2nd page of your checkbook where your name and address is printed.
     
    YIAM, Nov 21, 2007 IP
  9. vitrag24

    vitrag24 Active Member

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    #9
    NOT IN MY CHEQUE BOOK..
    :(
    i called to cc they gave number ICI0000***.it isnt accpeting in paypal..i think it's lacking in number..it should be of 11 digits..
     
    vitrag24, Nov 21, 2007 IP
  10. deluxdon

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

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    #10
    BTW its not ICI0000*** but its like ICIC0000***

    DON.
     
    deluxdon, Nov 21, 2007 IP
  11. YIAM

    YIAM Notable Member

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    #11
    Normally (at least in my case) it is ICIC000XXXX where xxxx is first four digit of your account number.
     
    YIAM, Nov 21, 2007 IP
  12. Welldoneguy

    Welldoneguy Banned

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    #12
    he is true that last four digit is first 4 digit of your account number

    i have confirmed this with bank

    thanks
     
    Welldoneguy, Nov 21, 2007 IP
    YIAM likes this.
  13. vitrag24

    vitrag24 Active Member

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    #13
    thanks to all.

    i called to bank again and they told IFSC number..first time they forgot C.
    IT's ICIC000**** [**** is first for digit of account number]

    Have withdrawn from paypal..hope i'll get it in my account soon...

    but paypal charged more then current conversion rates. :(
     
    vitrag24, Nov 21, 2007 IP
  14. eddy2099

    eddy2099 Peon

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    #14
    Paypal charges 2.5% additional for foreign exchanges to protect them from the constant fluctuations and also to pay for various bank charges. The exchange rates which paypal quotes comes from their bank at that point of time.

    Currently, the US$ is very unstable and you really do not have very good rates. The thing is that if you do not need the money now, you can wait till it stabilizes probably by the end of next year.

    If you are concerned about that, you might want to set your currency balance as EURO so at least you get the stability of that currency and when you withdraw it would be from EURO to Indian Rupees. There will still be the 2.5% which is levied to your customers and when you withdraw but at least the EURO is more stable compared to the US$.
     
    eddy2099, Nov 21, 2007 IP
  15. vitrag24

    vitrag24 Active Member

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    #15
    withdrawn today.. hope i'll get it successfully till weekend.
     
    vitrag24, Nov 21, 2007 IP
  16. Welldoneguy

    Welldoneguy Banned

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    #16
    i got the fund in 5 days
    it was my first withdraw, so may it take a long time.

    PPL are akso getting fund in 2 or 3 days

    I hope if all thing goes in right direction you will get it soon
    :D


     
    Welldoneguy, Nov 21, 2007 IP
  17. deluxdon

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

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    #17
    You will get your funds in your bank account as on Saturday or lately Monday for sure IMO.
     
    deluxdon, Nov 21, 2007 IP
  18. izeaus

    izeaus Banned

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    #18
    Don I got in 3 days .. Withdrew it on Monday and Got on Wednesday .. Hope he gets by Saturday or Monday...
     
    izeaus, Nov 21, 2007 IP
  19. deluxdon

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

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    #19
    Thats what i said mate. He will mostly get his money on saturday but due to sunday maybe delay for another 2 days.
     
    deluxdon, Nov 21, 2007 IP
  20. sauravgr8

    sauravgr8 Peon

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    #20
    Well, the name wont create any problem , u just need to give the name exactly mentioned im your ICIC bank account. Once i have withdrawn my paypal balance in to my BOB Card....its not a big deal...
     
    sauravgr8, Nov 22, 2007 IP