Anyone else got the email alert after withdrawal (Indian Paypal Users) ??

yes mine happened tonite after several hours of waiting. it will surely happen

 

I got my refund fees from Paypal finally

 

Now we can withdraw thru CC or Echeque.


Dear BK,

Thank you for contacting PayPal.

Regarding your concern, as of the moment, we cannot give a definite date when this will be resolved. We will be contacting you in the next few days with an update and, if the issue has been resolved. In the meantime, you can have your funds transferred into a credit card or request a check from PayPal.

To withdraw funds by requesting a check:
1. Go to the PayPal website and log in to your account.
2. Click "Withdraw."
3. Click the "Request a check from PayPal" link.
4. Enter the required information.
5. Click "Continue."

To withdraw funds to a credit card:
1. Go to the PayPal website and log in to your account.
2. Click "Withdraw."
3. Click the "Withdraw funds to your card" link.
4. Enter the required information.
5. Click "Continue."

You can view your withdrawal options by logging in to your account and going to the Withdraw tab on your Account Overview page.

Note:
* Members in Argentina, Brazil, Bulgaria, Chile, Cyprus, Estonia, Gibraltar, Iceland, India, Indonesia, Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Philippines, Romania, San Marino, Slovakia, Slovenia, Turkey, United Arab Emirates, and Uruguay, can transfer funds using eligible credit cards. Allow 5-7 business days for your funds to post to your card, depending on your bank's policies.
* Members in the U.S., Argentina, Brazil, Chile, China, Ecuador, India, Jamaica, and Uruguay can request a check. Allow 4-6 business days for your check to be processed and mailed.

I'll be glad to hear from you if you need clarification, just contact us as we try our best to give you immediate answers or you can also visit www.PayPal.com/101. Thank you for choosing PayPal for your online payment needs. We appreciate your business.

 

With the exception of the last couple of days, I was generally impressed with the efficiency of Paypal but I never expected them to first pass on the currency conversion charge to the customers and having done that... they would oblige to refund the same!

But having refunded back the currency conversion charge, they have surely followed a good business practice! Way to go... Paypal!
I surely loved your gesture

Regards,

RightMan

 

PayPal has surprised me with its refunds of our currency fluctuations. And I am starting to love them for this fair gesture on their part. I just hope they solve the issue with the banks and start the withdrawal service as soon as possible. As far as I know Paypal was the most hassle free option for me to withdraw money to my bank without a hitch.
You rock PayPal!

 

An article in The New York Times today;

http://www.nytimes.com/2010/02/11/business/global/11paypal.html?hpw

 

I got my refund as well....
now i am waiting for my clients to pay me...

 

Looks like RBI screwed up the whole system and not PayPal. Poor PayPal had no choice but to comply to stubborn RBI's directions. Our Indian Govt Sucks big time.

 

i got mail from paypal

 

I got my refund also and now the things are moving fine we can hope the paypal withdrawals with 2 or 3 days...

 

I had got my money refunded, waiting for 3 days to see where the problem goes.

 

Ah, glad I scanned the thread before posting. Just saw the same thing online. What a hassle!

 

I haven't got any email but i tried to contact them and my problem was solved in 24 hours.

 

My 'lost' $22 credited to my account now. Something to cheer up this morning.
Regarding check payment.... what if SBI still refuses to accept the check? So, I think, its better to wait for 2-3 days so that the 'smooooooth' transaction operates normally.

 

Just got all the fees reversed! Something to appreciate about Paypal! Just hoping that resume the withdrawal soon!

 

I got my PP's fee reversed to my account thats great from paypal....

 

Not good news. All of 'budding' freelancers including me have to think again about using PP, due to our govt. policies. Hardest thing is that which payment option will be suitable for us? The same problem may be occur to 'alternate' payment systems also. Feeling helpless

http://www.ft.com/cms/s/0/3a62d6d8-1671-11df-bf44-00144feab49a.html

Hey dumb Indian financial regularities, if freelancing is a crime, then ban us and issue an arrest warrant against all of us.. or apply heavy taxes on online payment so that your relatives can travel on luxury business class or can spend their holidays in Pattaya on our hard earned money, but do something for us.

 

Its becoming very tough to do business n India! We pay 30% IT 10.3% service tax 4% Vat and still they are not satisfied. Ours is a money hungry govt. Why do they not have the guts to get back the black money of the ministers enriching the Swiss. The either dont have the guts or they are purposefully not taking a step as probably the tp officials have share in it. We common people are suffering for tiny amounts! How ironical.

 

These idiotic govt regulators don't mind a minister pocketing Rs 4000 crores through Bribes and corruption. But they do mind, us getting a few thousand rupees through our hard work.
Just see even smaller countries like Taiwan and Thailand are popular with AlertPay and all other providers and have no problems. But India is not .. Why? Because of our stupid regulators...Our corrupt Govt and their so called "politicians" working for the people...

 

Alpana Killawala
Chief General Manager
Department of Communication
Reserve Bank of India
Central Office Building
Mumbai 400 001
Tel: 22660502
Fax: 22660358, 22658269

“Providers of cross-border money transfer service need prior authorization from the Reserve Bank under the Payment and Settlement Systems Act,” a spokeswoman for the Reserve Bank of India, Alpana Killawalla, said in an e-mailed response to questions. “PayPal does not have our authorization.”