Can i withdraw money for two paypal accounts to same bank account number?

Discussion in 'PayPal' started by createrk, Oct 24, 2008.

  1. #1
    Hello Friends,

    I have a two paypal account. One as a personal one and other premier one.

    I verifed my personal account long before with ICICI credit card and started withdrawing the amount to my ICICI bank account.

    Now today i verified my premier paypal account with another credit card from Axis bank. My question whether i can withdraw my money in same ICICI bank account for this premier account or do i need create a Axis bank account and withdraw there?

    Please advice. I heard that personnal and premier account should be totally different and dont know whether even the bank account for withdrawal should also be different.

    Plaese advice.

    Thanks.
     
    createrk, Oct 24, 2008 IP
  2. eddy2099

    eddy2099 Peon

    Messages:
    8,028
    Likes Received:
    568
    Best Answers:
    0
    Trophy Points:
    0
    #2
    You must have different credit cards and bank accounts for your two paypal accounts. The purpose for allowing you to have one personal and one premier account is so that you can separate your business activities from your personal spending activities and as such, you cannot share financial accounts.

    Officially speaking, since you cannot use your personal account for business purposes and that you cannot redirect some transactions to your personal account and others to your premier accounts, there is really no need for a bank account with your personal account at all as you would not be able to use it in any capability.
     
    eddy2099, Oct 25, 2008 IP
  3. nitinleew

    nitinleew Well-Known Member

    Messages:
    4,533
    Likes Received:
    271
    Best Answers:
    1
    Trophy Points:
    165
    #3
    I think you can add same card in two paypal accounts but not at the same time.
    Why not send the money from premier to personal acccount?
    then you can withdraw the money at a time..
     
    nitinleew, Oct 25, 2008 IP
  4. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #4
    From my point of view its better for you to withdraw your personal account papal funds to your ICICI bank account and withdraw your premier paypal account funds to your Axis bank account.

    DON.
     
    deluxdon, Oct 25, 2008 IP
  5. magicworld11

    magicworld11 Well-Known Member

    Messages:
    1,310
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    105
    #5
    Well it is not safe to add same bank account in two accounts. If any one account will be on hold they may hold ur another a.c too. So better to open no frill account from any bank in india and go on withdrawal
     
    magicworld11, Oct 25, 2008 IP
  6. getjimmy

    getjimmy Prominent Member

    Messages:
    17,260
    Likes Received:
    1,005
    Best Answers:
    0
    Trophy Points:
    360
    #6
    Good point,also i dont think u can add same bank account to another paypal account.
     
    getjimmy, Oct 25, 2008 IP
  7. Chancey

    Chancey Well-Known Member

    Messages:
    3,933
    Likes Received:
    24
    Best Answers:
    0
    Trophy Points:
    130
    #7
    You cannot do that!
     
    Chancey, Oct 25, 2008 IP
  8. amazingserviceprovider

    amazingserviceprovider Peon

    Messages:
    395
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    0
    #8
    No, you cant do withdrawl from two accounts into one bank account

    Only One Bank account per One account.
     
    amazingserviceprovider, Oct 25, 2008 IP
  9. uzair21

    uzair21 Peon

    Messages:
    502
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    0
    #9
    Withdraw money from your other account via the Xoom services. Works great.
     
    uzair21, Nov 1, 2008 IP