Only 3 options to withdraw $ to indian bank account..

hi Friends... We have only 3 option to withdraw $ to indian bank account..

1)
we can withdraw as check but it will take around 20 days..After that you can see ur money in your bank account..

2)
we can withdraw funds to your credit card.. it will take around 3 to 4 days from paypal to credit card.. And it will take one or two days from credit card to bank account..
Two limits are here.. cash limit and CC limit.. if cash limit is over then u cant transfer funds from cc to bank account..
Instead you can buy any things..

3)
if you people know anyone from abroad just link their abroad bank account in your paypal and withdraw.. Later ask them to send the money to your bank account through western union money transfer or some other money transfer...They will charge some $40 for $1000...You calculate for your amount..

if i did anything wrong in the above info please mention below..

Thank you...

 

If the account holder in USA is ABC and the paypal holder is XYZ, still can link accounts ?

Please let me know !

 

Well you can only link bank account of India or USA. You can't add bank account of any other country.

- Mr.President -

 

I think if you are an Indian paypal user, you have to first transfer your fund to a Non-Indian paypal user and once it is done, the Non-Indian Paypal user can withdraw in his own bank outside India and can wire it.

 

oh, that involves one more paypal commission,

 

But why not to add an Indian bank account and withdraw it?

 

4) Exchange your funds for MB and request a bank wire at MB.. though i didnt try this yet but ppl say it works

 

Exchange?But we have to find a trusted person first....
It's very hard...

 

Where can we exchange our PP funds to MB?

Even MB has been very lethargic in their support

 

cant we link the abroad bank account in indian paypal account???

Because RBI only making this problem not paypal..

 

Name in your paypal account and name in the bank MUST match in order to withdraw money from paypal to bank.

 

@nikvn

how mate??? my paypal name and bank account name are different but i made withdraw so many times..

 

Even surname

 

Some people are increasing their posts here.. please don't do that..

 

yes it depends on your bank but for check this name issues will arise

 

ICICI bank gave rate of Rs 45.35 = $1
So you if you request check & you can wait for 20 days then it would be the best deal as paypal gives you rate of $44.50 which sucks.

the best & safest method is paypal check as of now. Only thing you will have to wait for 21 days time

 

I regularly withdraw funds from moneybookers to my bank account..takes only 2-3 days..

 

If you are looking to receive money from your PayPal, you can use MDCC and exchange to LR, get cash via ATM card

 

That means, you have funds at your moneybookers. Ppl are asking, if they have funds at paypal, then how can they transfer to MoneyBookers ??

 

google up and you will find lots of currency exchange forums/services..