today i have requested withdrawing money from paypal to my bank account?as i am need of the money to invest now.how to cancel the withdrawal of money?
As long as it is not completed, you could try calling them and see if you can cancel the withdrawal. If it already is in the process of withdrawal, probably you cannot do anything except to just pay through your credit card which may mean losing a little of foreign exchange.
i doubt will they cancel or not because in paypal faq they have mentioned that they will not cancel once the withdrawal starts and did anybody succeed in canceling it?
Contact customer service via e-mail or phone(preffered) and they will help you. Please remember that you will be charged for this and contact before your status shows COMPLETED .
Cancellation charge is approx $15 as far as i know. And i suggest you to direct call paypal customer and clear your all doubts for quick solution. Don't waste time if you really want to cancell your withdrawal. DON.
since u request for 60$ after canceling the request u might end losing around 5-8 $ as per Conversion Rate. as you have requested to converted 60$ to INR and then after u cancled u wil have to convert again to INR to $ so it varies and depends on the Price of 1 $ to INR
If its only $60 then i suggest you to stick with your withdrawal otherwise you have to loose goodenough cancellation charge as well as delay in refund procedure. DON.
Yes I agree with you DON he should stick to withdraw the funds otherwise he needs to pay 5$ to 6$ cancellation fee.
Don, Thats what even I had on mind. Once requested, the withdrawal cannot be cancelled - though i've never cancelled a request. And also laxmi, one small piece of advice - whenever you request a withdrawal to your bank account make sure its above $160+ ~approx INR 7000+ - this way you can save the INR 50 from being taken as commission.