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Can I use SBI bank account to verify paypal account,Indians plz help

Discussion in 'PayPal' started by valentinagomas, Jan 9, 2010.

  1. #1
    Hi frnds,

    I'm valentia gomas from goa.I have an unerified paypal account. So I started an account in SBI.Now my qstn is

    I dont want to use cc or debit cards for pp verification. I just want to get it verified with any indian bank account

    1) can i use this SBI account to verify my paypal account??
    i'v read some posts in DP that SBI accounts are no more valid for pp verifictn..

    2)Can I withdrw money in paypal to SBI account? Remember I just want to withdrw, dont want to deposit or send money

    3) How much It remain(apprx) in my bank account if withdrw $100 from pp, after all charges from both sides?

    4)If I cant use SBI for this purpose, which is the best bank in india to withdrw money from paypal? HDFC or ICICI?

    Im wating for your replies...Hope u'll answr separately

    thanks in advance, Valentina
    valentinagomas, Jan 9, 2010 IP
  2. hostinindia

    hostinindia Peon

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    #2
    Hi

    you can withdraw paypal even if u r unverified account.

    verification is only required if u want to lift limits .

    even with unverified account u can recevice funds & withdraw fund to ur bank account.

    how ever unverified accounts are in higher risk of being limited if u get large quantity of fund in one trasnaction or if anyone pay u with hacked funds.


    TIP : always send invoices to ur payer "as Service"
    hostinindia, Jan 9, 2010 IP
  3. boomer_mitra

    boomer_mitra Member

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    #3
    NO


    YES


    SBI does not take any charges. just paypal will take.


    You can use SBI for withdrawing money.
    best one is HDFC
    boomer_mitra, Jan 9, 2010 IP
  4. hostinindia

    hostinindia Peon

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    #4
    hi again

    u can withdraw to all banks.

    i get my funds to my sbi in max 2 days.

    even one time i request fund on morning & i got in eveing in 6 hours.

    even ur paypal got limited & u have valid bank account u can withdraw fund to bank .

    so if ur not doing any fraud then even with unverified account u can live happily :)
    hostinindia, Jan 9, 2010 IP
  5. venkatreading

    venkatreading Peon

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    #5
    hey valentina , since you just wanna withdraw your earnings , don't verify you can do it even without verifying


    and the rates are like htis

    below 7000rs = cost 50 rs
    above 7000rs= no cost
    venkatreading, Jan 9, 2010 IP