Withdrawing funds to Indian bank from a VCC verified paypal

Discussion in 'PayPal' started by ientrepreneur, Dec 6, 2007.

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  1. #1
    Is it possible to Withdraw funds to Indian bank from a VCC verified paypal.
    I have account with ICICI. Since I'm a student they rejected my credit card application. I verified my paypal with a VCC. Withdrawing is possible with this? Any risk involved in this?
     
    ientrepreneur, Dec 6, 2007 IP
  2. deluxdon

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

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    #2
    Don't think so that there is any problem if you withdraw funds to Indian Bank account as you have VCC verified paypal account IMO.
     
    deluxdon, Dec 6, 2007 IP
    rubeina likes this.
  3. abinesh

    abinesh Banned

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    #3
    no.... there should be no problem . i verified mine with a VCC as well but have successfully withdrawn 2ice. just make sure you put in the correct details of the bank etc
     
    abinesh, Dec 6, 2007 IP
  4. izeaus

    izeaus Banned

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    #4
    What is the Problem with you ? Are you having any doubts regarding the Bank transfer ?

    Well I even do not have credit card in My Name and verified my Paypal using VCC and have withdrawn more than once from the same paypal account. So do not worry. Nothing would happen.

    Just withdraw it using correct IFS codes of your ICICI bank otherwise paypal would charge your INR 250 for returning fees.
     
    izeaus, Dec 6, 2007 IP
  5. ientrepreneur

    ientrepreneur Banned

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    #5
    Thanks for the replies guys!!
     
    ientrepreneur, Dec 6, 2007 IP
  6. Hellfire81

    Hellfire81 Peon

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    #6
    There is absolutely no difference between a VCC verified and a "real" CC verified account.
     
    Hellfire81, Dec 7, 2007 IP
  7. Indian_Webmaster

    Indian_Webmaster Banned

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    #7
    Yes he is 100% correct so don't worry just go for it :)
     
    Indian_Webmaster, Dec 7, 2007 IP
  8. ven123

    ven123 Banned

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    #8
    Has anyone checked about tax?
     
    ven123, Dec 8, 2007 IP
  9. Pervert-For-Life

    Pervert-For-Life Banned

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    #9
    you can withdraw to your bank except you cannot withdraw to your card since it is VCC not CC....
     
    Pervert-For-Life, Dec 8, 2007 IP