Paypal Withdraw to India Delayed again (Feb. 2009)?

Please post here, they have 5 paypal reps on this forum answering queries.
Make it popular to bring this in their notice.

http://getsatisfaction.com/paypal/t...k_transfers_done_during_18thfeb_25th_feb_2009

 

Well I do not remember. I just googled. Quickly went to the links and did copy/paste.
Anyway it is useful if it is posted to different forums

 

Just checked my AXIS bank again but still no money for Feb 18 withdrawal!

 

My transaction is also pending

On 23 Feb I had initiate 1 paypal transfer but I didn't get the payments in my bank account yet. Day after transaction I got email from paypal in which they mentioned you will expected to get your payment by 2 march.

 

Just joined there and participating in the conversation!

 

I withdrew some more funds on the 1st of March, still no sign of money in my bank account.

 

has anyone recieved payments in normal way after march 1st

 

No yaar, i transferred one on 28th n didnt got yet it shud have been credited on 2nd of march !! But didnt got yet !! and another on 2nd of march which shud be credited on 4th of march.. but nothing yet !! usually it takes just 24 hours to get credited in account as soon as it gets completed in Paypal.. !!

 

Hi Guys,

I am really f***d up by PayPal. I did the withdrawal on 23rd February and it is still not credited to my bank account. It usually takes only 2 days but it is almost 11 days now.

I contacted several times to reach their customer support by phone with no use. I also send around 5 emails and only got template based reply. Only thing I can do it hope and pray which is ridiculous. I just received an email from their so called customer support in which they have knowingly removed the sent date and amount from my sent email.

Please check the response below:

-------------------------

Dear Ajesh,

Hello my name is Judith, I am sorry to hear about the situation
regarding withdrawn money not showing on your bank statement, and
understand your frustration and concern over this issue. I am happy to
assist you with your questions.

Ajesh, as I carefully review your account, I did see that you have
completed the withdrawal on Feb. 23, 2009 for Rs.18, 371.78 INR. Though
the transaction has been initiated on your PayPal account and it was
showing completed on the transaction. The money will not be showing
automatically on your bank statement as it usually takes a couple of
business days.

Electronic transfers to your bank account usually take 5-7 business days
to process. Holidays and weekends are not recognized as business days
for most banking facilities, which may result in a delay in your banking
transactions.

The status of your withdrawal is 'Completed', which means it has
completed through the PayPal system. Please note:

* PayPal has no control over the length of time it takes your bank
to post their credits, and we do not receive confirmation when your
credit has been received by your bank
* Usually, if there is a problem with the transfer completing, it is
rejected back to PayPal and the funds are reversed back into the PayPal
account
* At this time, this transaction has not been rejected back to us.
Therefore, we suggest that you contact your bank and ask to speak with
someone who works with Electronic Funds Transfers. This Department
should be able to verify that your deposit was received.
* If you are unable to locate the deposit at your bank, and the
status of the transaction is still listed as completed, we can initiate
a trace on these funds once 14 business days have passed. In this case,
please contact us and our Customer Service will provide all the
information to initiate the trace procedure.

Thanks for your patience and collaboration.

I would like to let you know that you are valuable to us, and it is
always my priority to help you resolve your concern. If you do feel that
this information is not enough, please do not hesitate to email us back.

Sincerely,
Judith
PayPal, an eBay Company

Copyright © 1999-2009 PayPal. All rights reserved.
Consumer advisory - PayPal Pte. Ltd., the holder of PayPal's stored
value facility, does not require the approval of the Monetary Authority
of Singapore. Users are advised to read the terms and conditions
carefully.

Original Message Follows:
------------------------
Form Message
customer subject: Funds still not transferred to my bank account even
afrer ## days!!!!!!!!!!
customer message: Additional Information: 'Hi,

I have send several messages with regards to my funds transfer from to
my bank account. The details are as below:

Withdraw Funds to a Bank Account (Unique Transaction ID
############)

>Total Amount: Rs.##,###.## INR
>
>I made the transfer on ##rd February and the funds are still not
appearing in my bank account. I contact the bank and they say they
haven't received any communication from PayPal. I am really worried
about the situation as I have no clue where my funds have gone. I
received an automated response from you which is of no help. I trusted
your service and I am paying the price for it.
>
>Please contact and clarify about the situation, if you really care
about your customers. It is already ## days and there is a problem
somewhere in your system.
>
>Please Please Please Help!!! My family is starving last two days and I
have no money left. I am badly in need of the funds, Please help and
make arrangements to transfer money to my bank account.
>
>Please Help!!
>
>Ajesh

 

this is really getting frustrating ....infact i am not feeling to continue with the work till i recieve the funds......

 

Hi guys,
I just added a post to the thread in that Get Satisfaction forum. It should be made popular. I urge everyone in this thread to go visit that forum and add your votes to make it popular.

 

Okay, this is what i got as a reply. atleast paypal is confirming a glitch.

 

here we go the most indepth details to help you out.

Lets forget about paypal, they are showing in their website the transaction is under done list or a completed list.

Now friends can you open up all your account history in your bank account you will check a IFSC code "DEUT0784BBY"

This ifsc code is belongs to

Deutsche bank ltd
222, Kodak house, Dr D.N road, fort mumbai-400001

If any body who are facing pritty to hard to trace route then just contact this bank branch and ask them about paypal .

I am sure if some body legally and force fully do it , some thing def come.

Or

If nothing works, then contact local Federal bureau of investigation department which is american embassy here in new delhi, just file suit a case aganist "Paypal" under international arbitration.

 

What do you mean by "legally and force fully "

and can you provide more details about "american embassy here in new delhi" ?

What I understand is we can't do a damn legally unless 14 business days expire. And from the above post it is clear that Paypal is accepting there is some technical issue. Would it not be foolish to start fighting in the worng hour?

Everyone is tensed and specially because this is the month begining when most people have to pay wages. I feel it would be wise to wait for 14 business days as paypal says and then see where it goes.

 

I am not able to check the IFSC Code like the one you have mentioned. Where is it actually?????

 

14 days are over for a lot of people, so what wait and watch you are telling.

 

..Now that 14 business days are over for some people, can anyone contact PayPal and ask them to initiate trace for the funds?

 

What we would get if they are confirming a glitch

ultimately we are the people who are suffering. And even now they do not have a proper answer like when we would be getting the funds.