Hi, I Have A Paypal Premier Account And Since Last 2 Years I M Using It. However Before I Used To withdraw Funds to my bank account without any hassles and withing 2 days it was credited into my account. But Since Last 1 month whenever i withdraw funds to my bank account, it takes around 7 days and payments gets reversed and fees gets charged( for eg: i withdraw $100 to my bank account after reversals only $85 gets reversed) . I Tried To contact Paypal customer care by email they dont reply to this query. I Tried To Contact bank They Dont Have Any Information In This Regards. I Checked My Statement There Also It Doesn't Show Anything. Can Anybody Help Me In This Regard.
are you using indian paypal or other country? which bank is it? may be the bank have changed their bank code. did you check with them?
the details mentioned in paypal do not exactly match with the details mentioned in your bank account. that's the transaction is cancelled and reversed. even a single spell mistake leads to this kind of problems. check everything properly. including the bank code...... I think its called ifsc or something like that. check that properly. find your branch code . this will solve your problem. if you are from bangalore I can help you out.
Check out this site: http://indian-banks.info and see whether you have correct details of your bank IFSC code.
Check out this site: http://indian-banks.info and see whether you have correct details of your bank IFSC code.
One of my friend is having the same problem. Out of four transactions he made to withdraw paypal balance to his bank account three have reversed and only once he was successful. It might be some fault from the end of Paypal I think
Everything is Correct. I Check Twice. Not Even a single Spelling Mistake.. I checked IFSC Code Of My bank It Is Correct Only. Same Thing Is Happenning Since Last 1 Month Tried 4 Times. Yeah I Think It's Paypal's Fault.
As I said before just change your bank account. It is the easiest and fastest way. Don't worry about other things. Once you get the new bank account you'll be on your way to get your money.
check your bank account details listed with paypal. paypal on reverse charges calculates the reverse dollar rupee conversion rates also. you loose 2 Rs. on the first conversion and 2 Rs. on the second reverse conversion. you also loose $5 on the bank transaction denial. hope this answers...