can i withdraw 4K USD in one shot?

Well, thats what i wanted to ask I've got a premier account, already withdrew 2K USD this month ..Anyone tried such big amount??

Will my bank ( ICICI ) accepts or rejects? I withdrew more than 60,000 INR ( 1500 USD ) in one shot last month ... so under 50K INR per transaction is out of question

 

Of course.There is no limit.

 

There is no harm in withdrawing large amounts... it is just that you got to be ready to produce the supporting documents of your income as and when called for... by Indian authorities!

Regards,

RightMan

 

If you have your PAN card added in your account then there won't be any problem.
You will just receive a call from ICICI regarding it.
Some guys even withdraw more than 10lacs in one go.

 

better if u withdraw in 50k lots

 

I had withdrawn larger amounts and even recently on 4th Mar, the amount is credited to my bank account no issues...

If you are bringing into books(i mean tax payer) then do not worry about it, just withdraw...

 

Yes you can withdraw but for this big amount you need to registered you PAN no. with the Bank.

 

Well if its premier account, then there is no harm or limit of amounts per transactions. You can withdraw as much as you want provided you have required documents to be submitted to authorities.

Thanks

 

50k INR looks fine ,

 

Yes,you can withdraw as much money as you want through your PAYPAL account.

 

I have withdraw 5k two time in one week and I have no problem at all.

 

any amount u can withdraw

 

no problem dude...

just hit a shot...

 

No problem but you will end up being noted by RBI officials. Now that you enter your PAN card details in Paypal RBI will have a closer look on all your transactions

 

if you're verified there is no limit.. but don't withdraw full amount leave at-least $50 in your paypal. then paypal doesn't get a chance to limit your account.

 

How do you make so much money from internet, May i ask as i am trying to make money too. Thanks

 

Well for your kind information, RBI always have our details due to Pan Card attached with our bank accounts! Nothing new.

 

There is no limit. However, I have on occasion got a call from PayPal to verify it was me when I withdraw large amounts. (I'm in the US)

 

I did once 4k USD with no issues at all.
I did it on November and got money in just 3 days also to my SBI.

But I was a stupid to do that. DANG!

Never withdraw more than 49k INR.