Answers to Common Paypal Check Withdrawal Questions for Indians

Discussion in 'PayPal' started by olddocks, Jul 29, 2010.

  1. #1
    Time after time, i have seen many many indians asking the same questions again and again regarding check withdrawal from paypal. Despite using paypal for so many years from the start and having experienced various check related issues, i decided to compile pretty useful questions to clear your doubts for all Indians in the forum.


    How does paypal cheque look like?

    paypal_check.jpg

    What currency the cheque will be issues USD or INR?

    INR only, just like google cheque issued from citibank.

    How long will it take for paypal to issue a cheque?

    It will take 3-5 days for paypal to start sending the check plus 2-3 weeks to receive it. You will see check issued status in your paypal account.

    How long will it take for people in India to receive checks? Do you think its wise to cancel my check now or should i wait for it?

    usually 15-30 days, depending on your location, whether its suburbs or metro. Just WAIT patiently!! i have sometimes received paypal checks, even after 1 month. You will quite often see the Sweden stamp on letter with from address NY,USA. My guess is that checks are sent from sweden instead of US to reduce the transit time.

    How long will it take for the paypal check to clear?

    If you have a citibank branch in your city, your cheque will clear in just 2-3 days. If not it may take some more days.

    How does paypal send these checks? Do they send them via express courier service or do they send via normal post, Is it registered mail?

    ONLY by ordinary postal mail with priority. Paypal doesnt use courier or registered post.

    Will the check be a crossed check on my name? So that only i can encash my check to my bank account?

    yes it will be AC payee only, you can ONLY cash it by depositing in bank account.

    How do i know if my check is stolen or still in transit? If stolen, what should i do then?

    you dont. if your check is lost or stolen, wait for 45 days and then you can contact paypal to cancel the check. Paypal may deduct a $15 fee to cancel the cheque.

    What are the withdrawal limits imposed by paypal for checks?

    the minimum amount is $150 and the maximum is $2500 monthly.

    How do i cancel my check? What will happen if i do cancel my check now?
    Like i said, wait for 45 days or even max 60 days. you never know when it will come, but it will come for sure. Once you put a cancel request, then check comes, it will bounce. So give 45 days for delivery.
     
    Last edited: Jul 29, 2010
    olddocks, Jul 29, 2010 IP
    Hmmm.. likes this.
  2. Hmmm..

    Hmmm.. Peon

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    #2
    Thanks a lot man :)

    This information will be useful for many people.
     
    Hmmm.., Jul 29, 2010 IP
  3. dreamshaper

    dreamshaper Greenhorn

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    #3
    a common question now can we purchase anything using paypal? like ebooks etc

    and can we receive affiliate payments or we cant? answer these 2 questions pls!!
     
    dreamshaper, Jul 29, 2010 IP
  4. sweatlana

    sweatlana Well-Known Member

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    #4
    Very useful Information, specially for Indians. thanks to provide us.
     
    sweatlana, Jul 29, 2010 IP