a few questions before adding a bank a/c to paypal

Discussion in 'PayPal' started by Skullborg, Jul 1, 2008.

  1. #1
    Im about to add my bank account (state bank of india, nri branch) at Paypal.. So..


    1) What are the chances of getting my account limited like before? (Before I had 2 accounts from same ip, one for me and one for my dad, since paypal doesn't want two personal accounts from one ip, it limited and locked both.. so here I am, everything renewed.. started a new paypal account and am about to add a bank account..)
    2) Will I be verified forever.. As long as I follow the paypal rules and regulations ?
    3) Can my paypal cash be successfully withdrawn to my bank account within 5-7 days?
    4) Will my sending limits lift?

    edit: one more question.. when my paypal was limited and locked before, I was using this same address Im using now.. Will my a/c get limited again??
    :)
    Will add rep for all helpful replies..
    thanks.
     
    Skullborg, Jul 1, 2008 IP
  2. getjimmy

    getjimmy Prominent Member

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    #2
    2>U will be verified as long as your CC do not expite.
    3>Yes
    4>Yes,just verify your account and your sending limit will be increased.
     
    getjimmy, Jul 1, 2008 IP
  3. chandan123

    chandan123 Prominent Member

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    #3
    why you havent verify your old account (it was better IMO but it seems u created new account now better stick with new accounts :) )

    3) you can withdraw fastly in weekdays and may get delay if u withdraw in weekends no problems as i withdraw few times ;)
     
    chandan123, Jul 1, 2008 IP
  4. Skullborg

    Skullborg Guest

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    #4
    getjimmy: sorry but they haven't given me a cc.. they said come back after 10 days for a 'debit/atm card' .. can only bank accounts (without any cards) verify paypal forever?

    @chandan123: thanks.. i'll stick to this if this doesn't get limited..
     
    Skullborg, Jul 1, 2008 IP
  5. Skullborg

    Skullborg Guest

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    #5
    And hey guys.. I opened the account at the NRI branch, (thiruvananthapuram) State Bank of India at kerala.... What name should I enter as bank name? while adding a bank account at paypal.. I need a quick answer please..
     
    Skullborg, Jul 1, 2008 IP
  6. getjimmy

    getjimmy Prominent Member

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    #6
    Your name on bank should match name on your paypal,so enter same name.
     
    getjimmy, Jul 1, 2008 IP
  7. Skullborg

    Skullborg Guest

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    #7
    I mean for the bank name.. Ah well.. I entered 'State Bank of India'.. hope all goes well.
     
    Skullborg, Jul 1, 2008 IP
  8. getjimmy

    getjimmy Prominent Member

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    #8
    I think paypal has list of banks and u need to select from it?
     
    getjimmy, Jul 1, 2008 IP
  9. Skullborg

    Skullborg Guest

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    #9
    No.. It asks me to enter the bank name manually..

    "You have successfully added a bank account."

    I hope everything goes fine hereby..
    Now, to withdraw the money. :D
     
    Skullborg, Jul 1, 2008 IP
  10. rajanurs

    rajanurs Well-Known Member

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    #10
    The IFSC code is unique to each bank and branch so as long as you entered that correct you will do fine.
     
    rajanurs, Jul 1, 2008 IP
  11. lightningzeus

    lightningzeus Peon

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    #11
    yea adding a bank should not cause any hurtful things to happen to ur account
     
    lightningzeus, Jul 1, 2008 IP
  12. anil595

    anil595 Active Member

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    #12
    To withdraw from paypal to bank account need 8000 RS in your paypal,That's know so far.
     
    anil595, Jul 1, 2008 IP
  13. Skullborg

    Skullborg Guest

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    #13
    Huh? But I did a 5000rs withdrawal last night and its in pending status..
     
    Skullborg, Jul 2, 2008 IP
  14. Rohit patel

    Rohit patel Prominent Member

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    #14
    Well you can withdraw any amount over $15. But you should withdraw more than 7000 Rs to save fees otherwise some fees will be deducted. Your payment will be come in your bank in 3 to 4 days.
     
    Rohit patel, Jul 2, 2008 IP
  15. getjimmy

    getjimmy Prominent Member

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    #15
    I think he need to withdraw more than 7000 INR to save fees.
     
    getjimmy, Jul 2, 2008 IP
  16. rajanurs

    rajanurs Well-Known Member

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    #16

    Yup!

    Free
    for Rs.7,000.00 INR or more

    Rs.50.00 INR
    for Rs.6,999.99 INR or less
     
    rajanurs, Jul 2, 2008 IP
  17. chandan123

    chandan123 Prominent Member

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    #17
    it takes min 2 days man
     
    chandan123, Jul 2, 2008 IP
  18. Rohit patel

    Rohit patel Prominent Member

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    #18
    Sorry for my mistake, I corrected it and thanks for correction for it. I had $150 in mind because check payments.:D
     
    Rohit patel, Jul 2, 2008 IP
  19. Skullborg

    Skullborg Guest

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    #19
    Okay.. its been 3 days since I made the transfer.. the transfer status says 'completed', but when I called the bank and asked for the balance, they said there is no cash .. :/
     
    Skullborg, Jul 5, 2008 IP
  20. eddy2099

    eddy2099 Peon

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    #20
    Technically, it is 5 to 7 working days (minus holidays and weekends) after it shows 'completed' in your status. Completed only means that paypal complete the paperwork on their end for the transfer and now it depends on the banking system to complete the work.
     
    eddy2099, Jul 5, 2008 IP