withdrawing paypal money to indian banks

Discussion in 'PayPal' started by bushes, Mar 26, 2008.

  1. #1
    i have account in hdfc bank india. my paypal account is business account. i withdraw money from paypal and it was cancelled because my paypal a/c had a business name and my bank account was in my personal name.

    now what do i do

    option 1. change my paypal business account to premier account so that i withdraw money in my name from hdfcbank india?

    option 2. create a current account in the business name in any indian banks and withdraw money from paypal.

    which one is a easier process?
     
    bushes, Mar 26, 2008 IP
  2. mohsin_al1

    mohsin_al1 Well-Known Member

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    #2
    option 1 is esier that wil save time and money
     
    mohsin_al1, Mar 26, 2008 IP
  3. deluxdon

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

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    #3
    If you run a business then why don't you open a current account in the business name in any indian banks and withdraw money in that bank account from business paypal account.

    DON.
     
    deluxdon, Mar 26, 2008 IP
  4. Aemc310

    Aemc310 Well-Known Member

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    #4
    I think you should go for first option.
     
    Aemc310, Mar 26, 2008 IP
  5. NiyazK

    NiyazK Banned

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    #5
    well i can help u fix this just change the business name it can be changed instantly even i had this problem before do change the business name and the add the bank account.. hope u getting it leave ur reply
     
    NiyazK, Mar 26, 2008 IP
  6. digiguy

    digiguy Banned

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    #6
    well option 1 would be lot more easier.
    I have HDFC bank account just as you, but my paypal was premier account so i never had a problem in withdrawal.
    usually the withdrawal request goes to complete from pending in about 3 hrs from the time of request, but it takes more than 3 business days to get the cash into hdfc bank.

    hope that helps

    digiguy :)
     
    digiguy, Mar 26, 2008 IP
  7. saurabhj

    saurabhj Banned

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    #7
    I will prefer to do option 1.
     
    saurabhj, Mar 26, 2008 IP
  8. sar420

    sar420 Notable Member

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    #8
    Option 1 sounds far easier and uncomplicated. Best of luck
     
    sar420, Mar 26, 2008 IP
  9. bushes

    bushes Peon

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    #9
    how to change my paypal business account to paypal premier account?
     
    bushes, Mar 26, 2008 IP
  10. getjimmy

    getjimmy Prominent Member

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    #10
    Downgrade ur business account to premiere account and withdraw.
     
    getjimmy, Mar 26, 2008 IP
  11. bushes

    bushes Peon

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    #11
    how to do that?

     
    bushes, Mar 26, 2008 IP
  12. getjimmy

    getjimmy Prominent Member

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    #12
    Call them,it will be done in 5 minutes.
     
    getjimmy, Mar 27, 2008 IP
  13. alokverma

    alokverma Peon

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    #13
    You should switch your account on paypal from Business to premier account type
     
    alokverma, Mar 27, 2008 IP
  14. sam07

    sam07 Peon

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    #14

    I don't think downgrade is possible.Correct me if i am wrong.
     
    sam07, Mar 27, 2008 IP
  15. getjimmy

    getjimmy Prominent Member

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    #15
    Its possible,u can downgrade only once.
     
    getjimmy, Mar 27, 2008 IP
  16. ManKat

    ManKat Banned

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    #16
    bt option 2 seems to be better....why dnt u hv a separate account for paypal....
    i'd prefer this if i were on your place
     
    ManKat, Mar 27, 2008 IP