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Limited PP account - can i transfer to banks ( india )

Discussion in 'Payment Processing' started by chandan123, Apr 23, 2008.

  1. #1
    My PP (indian unverified) reached 100$ sending limits

    can i receive money now from others ?

    now if i got funds what happens ?

    can i transfer my money to my bank ( SBI , canara , SBM i am having accounts)

    all infos are real and i am waiting for CC :(

    thanks.
     
    chandan123, Apr 23, 2008 IP
  2. anthonyn

    anthonyn Well-Known Member

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    #2
    In such a state, you will be able to continue to receive and accumulate paypal funds into your account but you will never able to withdraw fund since you have reached the limit. If you are a student, you cannot get a credit card since you need to be employed. Howevr, ICICI Bank account ( India) issues a credit card if you can open a fixed deposit account by depositing a particular sum of amount. Once you do that, you will be eligible to get a credit card. Ask your dad to help you in opening a fixed deposit account.
     
    anthonyn, Apr 23, 2008 IP
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  3. chandan123

    chandan123 Prominent Member

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    #3
    i am not working thats the problem to get cc card. and my dad also cant get it seems. as he retired from job :(

    seems need to wait another 1-2 months :(

    thanks anthony +rep for you :)
     
    chandan123, Apr 23, 2008 IP
  4. wwwANONDEBITCARDScom

    wwwANONDEBITCARDScom Peon

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    #4
    Why don't you try a reloadable physical Visa card, we have them available.
     
    wwwANONDEBITCARDScom, Apr 24, 2008 IP
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  5. ientrepreneur

    ientrepreneur Banned

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    #5
    Try Virtual Credit Card.
    I'm using it for more than 6 months and I'm satisfied with it!
    Once my account was limited and I sent my driving license and it was activated after 1 day. So there will not be any problem using a VCC unless you provide any wrong info.
    With an unverified account you can send upto $100 but you can still accept payments. For credit card payments you'll be forced to upgrade your account to premier acc.
    It better you can use a VCC and upgrade your account to premier.
     
    ientrepreneur, Apr 24, 2008 IP
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  6. Rohit patel

    Rohit patel Prominent Member

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    #6
    Well your sending limits is now $0 but you can still able to transfer funds to your bank account too.

    But you can't withdrawal more than $500/month.

    Maximum limit of US$500 per month for UNVERIFIED PayPal accounts.
     
    Rohit patel, Apr 24, 2008 IP
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  7. perfectknight

    perfectknight Well-Known Member

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    #7
    chandan123 im in the exactly similar situation but my account hasn't been limited ( well not yet )

    Being a student I too can't get a cc and i am trying to get one on the basis of my dad's CC as an add on card.

    Also i think one can open a FD with icici and get a cc but you must have that much amount to block.

    Vcc seems to be very attractive but i think we would be in trouble if paypal asks us to show some document proof for the cc statement.

    Also all official processes will take 20 days according to my info.

    Lemme know what you are doing or contemplating to do.

    Goodluck.
     
    perfectknight, Apr 24, 2008 IP
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  8. goforhunt

    goforhunt Banned

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    #8
    You have to have your account verified, if you want to raise the withdrawal limit.
    No other option mate.
    Or other option u can open second paypal account (like if u have personal you can opne one premier or business account but u need to know that incur fees wen u recieve money.

    cheers!
     
    goforhunt, Apr 24, 2008 IP
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  9. Rohit patel

    Rohit patel Prominent Member

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    #9
    Well if you have HDFC bank account than you can use VCC card of HDFC which also knowen as NetSafe, part of Online Banking. Most of VCC sellers use NetSafe to generate VCC card. In this card, you would provide same information as your bank have so if any problem occurs, you can submit your bank statement.
     
    Rohit patel, Apr 24, 2008 IP
  10. haritr

    haritr Active Member

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    #10
    Kotak mahindra bank also has an online credit card as well
    www.kotak.com
     
    haritr, Apr 24, 2008 IP
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  11. chandan123

    chandan123 Prominent Member

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    #11
    cool i just need to transfer money to my bank accounts only :p

    i havent linked my bank so let me try now thanks

    thanks will let you know buddy infact i am interested in real cc

    mine is personal account well thats sufficient for time being i think :p

    this sounds cool but anyway i have to get CC real :D

    thanks guys rep added :)
     
    chandan123, Apr 24, 2008 IP
  12. roger123

    roger123 Active Member

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    #12
    roger123, Apr 24, 2008 IP
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  13. chandan123

    chandan123 Prominent Member

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    #13
    relative no idea :D

    what about friends will it work ? my friend is having hdfc card :p
     
    chandan123, Apr 24, 2008 IP
  14. Rohit patel

    Rohit patel Prominent Member

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    #14
    Well it will come as VCC so you can fill name insted of your ferind's name. NetSafe is Online Banking realted service which only generate a VCC card number which you can easy to shopping online.
     
    Rohit patel, Apr 24, 2008 IP
  15. arjun316

    arjun316 Active Member

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    #15
    you can withdraw money in your account better add your bank account into the paypal

    so even if your paypal account got limited you can withdraw after 6 months

    and yeah hdfc vcc works like charm you will get your account verified in 5 mins with it
     
    arjun316, Apr 24, 2008 IP
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  16. chandan123

    chandan123 Prominent Member

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    #16
    so if i add funds to PP then i need to wait for 6 months to transfer to my bank accounts :eek: if i am not verified :confused:
     
    chandan123, Apr 24, 2008 IP
  17. saurabhj

    saurabhj Banned

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    #17
    Why don't you remove your limitations ?
     
    saurabhj, Apr 24, 2008 IP
  18. chandan123

    chandan123 Prominent Member

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    #18
    need to wait for CC :D :(
     
    chandan123, Apr 24, 2008 IP