There are a lots of experienced guys here. Pls. tell me some way to withdraw money from paypal to my Indian bank account or by cheque to India in US$. Right now, Paypal converts the US$ to INR. Paypal's conversion rates are quite low. They are eating almost INR1.5 per US$. Thanks for your support in advance.
What exactly is the problem ? How to withdraw or Low conversion rate ? Yes, Paypal now supports Indian Bank accounts. It takes around 2-3 days to credit in the account. The charge is nil if above 7k INR and Rs%0/- if below that. Yes, Paypal's convertion rate is always less. It doesn't matter how many times you call them or mail them, its going to stay the same. There probably making millions with just that small amount of C Rate.
Keep your money inn a USD paypal account besides having your own account in local currency. Do WD while you have money in USD. If that doesn't work, then perhaps mail paypal and ask whats the best option for you, if you need money sent in $... Another viable option is xoom.com if all other fails.. Regards DL
In this thread my problem is how to withdraw in US$ instead of INR So that I can copeup with low conversion rates of paypal.