Paypal to ICICI Transaction (Direct Online Trasfer)

Discussion in 'PayPal' started by rose77mary77, Jan 16, 2008.

  1. #1
    Hello friends,
    Is here anybody successfully Transfer money from Paypal to ICICI via Online Transfer,
    Recently Paypal Introduced Bank Transfer (SBI,ICICI,Indian bank,UTI etc..)
    Any body Transfer money using the new option, Before I use paypal Cheque payment it takes at least 20+ days to credit in my account..

    If you use the new way means help me to get the new way,

    Advanced Thanks,
     
    rose77mary77, Jan 16, 2008 IP
  2. 28081981

    28081981 Well-Known Member

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    #2
    bhaya way is baby easy :D

    goto -> withdraw -> withdraw to ur bank ac -> add bank ac -> add IFSC code (check ut cheque book - its written over it - something like ICIC00001234) -> done :D

    request withdrawal -> get it in 4-5 working days in ur bank ac :D

    i got BOI... i got paid 4 times within 4 days.. just make sure ur name , ac no n IFSC code r correct.

    cheers !
     
    28081981, Jan 16, 2008 IP
  3. deluxdon

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

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    #3
    Its very easy to use this new features of paypal for indian paypal account holders. You just need to enter correct name, account number and IFSC code at the time of withdrawal through bank account in paypal. For icici bank your IFSC code is like 'ICIC000XXXX' where XXXX means your branch code. You can find this code on every cheque leaves or else you can ask your bank for this.

    DON.
     
    deluxdon, Jan 16, 2008 IP
  4. rose77mary77

    rose77mary77 Peon

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    #4
    Thanks for your help ,I will try it when I withdraw amount next time, Sure I will give my proper name and account number and now I know how to identify the IFSC code, thanks a lot, I hope this information will help many Indian people,,,
    Regards,
     
    rose77mary77, Jan 16, 2008 IP
  5. Mobifrendz.Org

    Mobifrendz.Org Banned

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    #5
    Where can i get the IFSC code of the new banks..
     
    Mobifrendz.Org, Jan 16, 2008 IP
  6. deluxdon

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

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    #6
    You have to ask your bank for IFSC code as its different from each bank to bank and each branch to branch.
     
    deluxdon, Jan 16, 2008 IP
  7. 28081981

    28081981 Well-Known Member

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    #7
    bhaya IFSC code is written on your check book... check any 'check' :D
     
    28081981, Jan 16, 2008 IP
  8. peepin2me

    peepin2me Well-Known Member

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    #8
    I've used it 4-5 times now and have had no issues at all till now.
     
    peepin2me, Jan 16, 2008 IP
  9. miner

    miner Active Member

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    #9
    I get credited to my ICICI account in 2days max...

    This is a dream come true waiting fo such a long period for paypal to implement it...
     
    miner, Jan 16, 2008 IP
  10. Rohit patel

    Rohit patel Prominent Member

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    #10
    Well go for it with PayPal to ICICI Bank account. It takes 48 hours max in business days. Best time to take money is Monday evening.

    Make sure you withdraw it more than 7000 INR to aviod 150 INR fees and nore more than 50000 INR othewise bank may ask PAN number.:)
     
    Rohit patel, Jan 16, 2008 IP
  11. deluxdon

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

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    #11
    Little bit correction in your post Rohit. Its not 150 INR fees but its only 50 INR fees if you withdraw less than 7000 INR :p

    DON.
     
    deluxdon, Jan 16, 2008 IP
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  12. 28081981

    28081981 Well-Known Member

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    #12
    also u got some desi ads that reads -
    PAN Card banao - sirf 100 rs mein :p
     
    28081981, Jan 16, 2008 IP
  13. Red_Virus

    Red_Virus Well-Known Member

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    #13
    I also get credited in 2 days time to my Icici acct, this is far more better than the earlier Xoom transfers.
     
    Red_Virus, Jan 16, 2008 IP
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  14. Rohit patel

    Rohit patel Prominent Member

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    #14
    Hey DON!

    It's a typo mistake from Num Keys.:D

    Yeah I seen many ads in Surat and Pune too for PAN cards.:D It's a new bsuiness.:D
     
    Rohit patel, Jan 16, 2008 IP
  15. datahost

    datahost Peon

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    #15
    I've personally transferred $900 to an Indian bank account. Everything went fine but the exchange rate appeared to be low.
     
    datahost, Jan 17, 2008 IP
  16. rose77mary77

    rose77mary77 Peon

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    #16
    Hello datahost,
    I think now USD rates are down so you may get low rates, Now 1USD=39Rs can you tell me the Exchange rates for your last transaction in the Indian bank, ICICI rates are now around 37.5 to 39
     
    rose77mary77, Feb 2, 2008 IP
  17. deluxdon

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

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    #17
    If you withdraw funds from your paypal account to your Indian Bank account now then current exchange rate giving by paypal is around 38.07 INR = $1.

    DON.
     
    deluxdon, Feb 2, 2008 IP