Hi, I know there are many indians in this thread who have very good experince in paypal. I am a newbie. Thats why I am asking all of you for advice. I have an account with HDFC. I don't want to use that account. But I am planing to open a new fresh bank account + credit card just for paypal. Which bank account is good? I am going to use this for business account and NOT for basic usage. Any advice appreciated.
All the banks are good but the personal preference should base on the easy proximity as well as your personal rapport with the bank staff. I have found HDFC to be the best for me.... in both the aspect and ICICI to be the worst! SBI comes close second for me after HDFC... though I must admit I have no personal experience of banking with either Citi, Kotak, HSBC or Axis. Regards, RightMan
All banks are good for PayPal but I preferred SBI the reason is, I got my payments withing 3 days in to my account and their service is really smooth.
HDFC allows you to verify through VCC virtual credit cards and also allows to add money from main bank acc to VCC and not paypal but is best in INDIA for online transactions
There is nothing like that. Every bank is working absolutely well so there is no way to choose. I'm using SBI and HDFC BANK for my account and I never get a single problem with them.
deutsche bank is perhaps Best as its used by paypal for NEFT.Did not try that but may be if you have deutsche bank account you will get funds instantly paypal give it to their bank and not via NEFT through RBI
That may be because Paypal's bank account is with Deutsche bank. Intra-bank transfers are faster. I have an account with ICICI. Whenever I transfer funds to other ICICI accounts, the transfer happens instantly. For all other banks, the transfer happens at NEFT timings.
I have HDFC, SBI and Axis accounts but i love Axis bank ! I found these people very professional, transparent and straightforward. It is a neat and clean bank with no hassle at all.