Hi, I just receive e-mail about that Indian pp account holder needs to withdrawn funds to bank in 30days and may not use to make payment from balance. As soon as i receive that e-mail i dumped all my paypal into my forex broker. Is everything okay still. can i remove my hidden in broker paypal out into the account, Is coast is clear to do freewill transactions? regulations in effect or not? I'm thinking of moving back to Liberty Reserve now with all these paypal tensions and high drama. Any comments welcomed. Thanks.
Why are you faulting Paypal? Are you sure it's not a regulation put on them by the INR currency? You may not be aware of this when dealing with a client side FOREX broker. I work for an institution and I can tell you that exotics often have interesting regulations. So, it's very possible that India has told PayPal that they need to do this.