can i withdraw 4K USD in one shot?

Discussion in 'Payment Processing' started by nareshrevoori, Mar 10, 2010.

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  1. armmanarun

    armmanarun Peon

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    #21
    Rs. 50,000,000 i.e. 50 billion is transferred daily through NEFT. Why are you so worried with transfer of 2-4 lakhs?
     
    armmanarun, Mar 14, 2010 IP
  2. linkstrade

    linkstrade Active Member

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    #22
    yes, thats right as all guys suggesting, there is not problem to transfer such a large amount but we have to provide pan card for that coz RBI keep track on those high value transations.

     
    linkstrade, Mar 14, 2010 IP
  3. kollam003

    kollam003 Well-Known Member

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    #23
    You will be able to withdraw any amount but you will need to produce the documents and pay your taxes because at the back of huge transactions RBI and Income Tax comes in for free
     
    kollam003, Mar 14, 2010 IP
  4. unna

    unna Well-Known Member

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    #24
    have u made the withdrawal?
     
    unna, Mar 14, 2010 IP
  5. keerthi143

    keerthi143 Well-Known Member

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    #25
    yes you can withdraw money with no problem... ICICI bank is best bank ever in india for paypal
     
    keerthi143, Mar 14, 2010 IP
  6. beaman4

    beaman4 Greenhorn

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    #26
    withdraw in multiples of 49k
     
    beaman4, Mar 14, 2010 IP
  7. checkblog

    checkblog Well-Known Member

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    #27
    Keep it below 50k. Good for your account.
     
    checkblog, Mar 14, 2010 IP
  8. keerthi143

    keerthi143 Well-Known Member

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    #28
    all monthly withdraw should be equal to 2500$ (paypal withdraw limit for indians) .. you cant withdraw 4000$ at a time..
     
    keerthi143, Mar 14, 2010 IP
  9. Axus Technologies Inc.

    Axus Technologies Inc. Peon

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    #29
    WRONG!
    I have done 4000$ 2-3 times. :D

     
    Axus Technologies Inc., Mar 14, 2010 IP
  10. nareshrevoori

    nareshrevoori Peon

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    #30
    lol... why is that?? what happened ?

    I was about to withdraw 4K but hold my horses when asked for PAN info. at paypal :)

    BTW.. did anyone of you get the money deposited on Saturday?
     
    nareshrevoori, Mar 14, 2010 IP
  11. Hosting24

    Hosting24 Member

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    #31
    The largest withdraw amount was about $8000 for me, it was just fine. Usually I withdraw from $2000 to $5000 every month without any problems
     
    Hosting24, Mar 15, 2010 IP
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