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

I hear the same 2-3 days back on This forum too!

 

Have they returned those $109 to your account?

 

Maybe this explains the reason why "Transfer Status is "Completed" and transfers not reaching banks..

 

my balance goes negative again..fedup with there system.

 

What do we do abt the reversals then?

 

NEFT Transfer

EFT or NEFT (National Electronic Funds transfer) is basically bit delayed transfer takes 1 or 2 days to complete. There is no minimum or maximum limit to do the funds transfer. The settlement takes place 6 times a day and 3 times on Saturdays.

 

No. They took everything from his account and locked it for no reason

 

I feel the same and who is responsible for the loses ?

Does paypal will pay us ??

 

guys im going to on bank..just cheking for any update ...

 

HOPE. Everywhere it is that only. I think whatever may be the issue with withdrawals, it should not impact transfers. And this is what is actually causing a lot of worry for us. Last time around withdrawals were affected, but today its a new thing and more terrible. Similar to the 2012 debacle.

 

Is it happening to India or the entire Asia????

 

Once issue is resolved..The Negative balance will become Zero or Positive...They have not refunded all payments to senders...They have transferred to some senders and the rest is put on hold, maybe, till the issue resolves...

That is what I feel...

 

How come we imagine that? Rather I think they will take from us.

 

payment from goods mode is also reversing...

 

if you right (hope so) then we need patience nothing else

 

Any idea if they would clear all pending withdrawals at one go??

if we had 3 withdrawls on 27th Jan, 1st Feb and 3rd Feb, when can we expect the payment in our bank account? All three at once or will it take some more time for the second and third?

Is anyone aware of this??

 

Take My Word that No Payments are on Hold by PayPal. I mean the buyer will get it back. And about the negative balance, I read somewhere that they are taking money from credit card. About myself, I did make a withdraw, but it was of a paltry amount and didnt make use of the funds of the past few days for anything, other than making payments. So, as soon as the reverse is going into my account, it is going off... This system is actually damn confusing....

 

There are so many people assuming all sorts of things about documents not submitted by PayPal to RBI etc.. In reality no one knows for sure and no one's ever had an official reason from either PayPal or RBI. So I guess we should stop speculating. We have no way of knowing what internal problems they have and there's no way Paypal will tell that to us or anyone. SO lets just pray and hope this gets resolved sooner than later.

 

i hv just got this mail from a buyer

"" it says that ***the address of the receiver does not exist.""

wt the hell is going there.

 

yes paypal is scamming indians its best to use alertpay , moneybooker etc other payment processors