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

You sure you did transactions after feb 20 ??

 

Now, this was my question for you all.
VCC lasts for 24 hours & then its cancelled automatically.

Withdrawal from PAYPAL takes longer then 24 hours & when money arrives.
The VCC is not there cause its cancelled..

Now, tell me where the money will go, i suppose in AIR.

Frustrated but this is the reality.
Am i wrong somewhere..??

Please correst.

 

I did it on 23rd Feb. And so far the status is deposit in progress. SO I guess its working. IF it hadn't then it would have got canceled right after Xoom processing stage.

There are very few who have tried withdrawing to VCC. SO the answer to your question will be left unanswered I guess..

 

I tried XOOM to my friends account, which failed..

Then i tried to do this to my own account, it failed too & this time it didnt even take an hour.
It failed in 10 minutes.

So, i dont think it will work.

Regards.

 

Well then Lets see what happens..

But then for my past transactions I never got a Transaction completed status. The Last and final update was "Deposit in Progress-Final update" for my previous 2 transactions which were successful...

Well you were right.. Xoom doesn't work now... The status changed to Cancellation started" just now.

 

That is what we were telling, it is no more working in India.

 

Thats more bad news for us... When is this Hell gonna end ??

Also does anyone know for sure when does our month end for limits to be renewed? Is it from the date of our PayPal account opening? I never had to face any limit issues before.. So I'm just curious... But now there is a $2500 limit for check withdrawal...

Any comment is appreciated.

 

Yes but we had that limit for many years just lift it for while, although their is no limit in Premi PayPal account for me.

 

Premium PayPal account? whats that? I think the business account is the most upgrade...you can do..

 

premier and not premium...

 

LOL. OK ok. Premier account. I have a business verified account.. And I have a limit for check withdrawals. I don't think there was a limit for bank account transfers. They even have my PAN card details etc... I don't know what else they could want from us ...

 

If the USD and INR is a issue.
like as someone says paypal converts the USD to INR in US itself and then brings in the INR, whereas india wants to have the USD here and wants them to convert it here.
Well at some point of view, Indian government is correct i guess, India does lack USD, that's the reason india wants more USD to come in, so that they can offer exchanges for foreginers or buy foreign goods.

Why's paypal so much interested in bringing in the Rupee and not USD? Do they have too much of INR or what? lol

 

paypal stoped paying to Indian bank due to some problem with RBI if you guys are from Chennai then u can reach at there office and ask them about more

 

Hello DP Users,

I have withdraw my fund on 8th feb but still it is not reverse back to my paypal account any one is facing this prb. ? i have emailed to paypal team several times they said it will reverse back to my paypal account but they are not sure when it happen. i think it is usually take 8 days to reverse the fund to paypal account.

 

I have heard xoom payment being canceled. I have a query, if payments from xoom gets canceled, then will PayPal cut fees for that.

 

Of course India needs Foreign Exchange and since PP converts it in INR first before sending money to India and then it is a probable reason why RBI must have stepped in But then why did XOOM stopped its operations, it was sending USDs to India right?

 

You can't withdraw money to your VCC.i have tried 2 years back.but return my money back to paypal account with $10 deduction.so you will loss $15 for this transaction.
so don't do.

 

you can't withdarw to VCC.so you will return back money to your pp account with $10 deduction.