Can I withdraw my money??

Discussion in 'Payment Processing' started by Rock_Me, May 1, 2009.

  1. #1
    Hello

    I have a paypal account. I have added my dad\'s bank account to it. Can I withdraw my amount to it. Is is important to have the bank account name and paypal name same??

    Thanks
     
    Rock_Me, May 1, 2009 IP
  2. MayurGondaliya

    MayurGondaliya Well-Known Member

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    #2
    yes, it is necessary that paypal account holder and bank account holder name are the same. Otherwise your bank would reverse the transaction and PayPal will take the return fee.
     
    MayurGondaliya, May 1, 2009 IP
  3. egoldzone

    egoldzone Banned

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    #3
    Yes. must use same name to withdraw
     
    egoldzone, May 1, 2009 IP
  4. Prince The IIIrd

    Prince The IIIrd Well-Known Member

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    #4
    Yes both the names should be same,one more possibility is if your father's last name and your last name is same,then also you can withdraw:D.
     
    Prince The IIIrd, May 1, 2009 IP
  5. justinlorder

    justinlorder Peon

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    #5
    Yes, according to TOS, it must be the same name on both paypal and your bank Acc .
     
    justinlorder, May 2, 2009 IP
  6. RightMan

    RightMan Notable Member

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    #6
    I do not think one can withdraw the money to a bank account, if the last name is the name.
    You got to change the first name on your paypal account, to match it with the one that appears on the bank account, to be able to successfully carry out the withdrawal transaction.

    Regards,

    RightMan
     
    RightMan, May 2, 2009 IP
  7. Prince The IIIrd

    Prince The IIIrd Well-Known Member

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    #7
    I have done that... my sister's last name and my last name is same,i just changed the first name and was able to successfully withdraw money in my sister's account:)
     
    Prince The IIIrd, May 3, 2009 IP
  8. Hearthrobz

    Hearthrobz Well-Known Member

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    #8
    wow thats great.well, i'll try to withdraw some cash to my father's ac.:)
     
    Hearthrobz, May 3, 2009 IP
  9. apr1515

    apr1515 Active Member

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    #9
    where could i get a job online? please PM me hehehe
     
    apr1515, May 3, 2009 IP
  10. geula4

    geula4 Peon

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    #10
    IMHO, the names must match according to their TOS.
     
    geula4, May 3, 2009 IP
  11. elsooq

    elsooq Peon

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    #11
    elsooq, May 3, 2009 IP
  12. Dhaval1983

    Dhaval1983 Peon

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    #12
    In order to withdraw the money to your local bank account, your paypal name and the bank name should be matched. If it is not and you withdraw the money then your transaction would be reversed and you will get the penalty fee by paypal. I dont know the exact amount but the will charge you $1 for this reversal transaction.
     
    Dhaval1983, May 3, 2009 IP
  13. inyx

    inyx Banned

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    #13
    You must use the same name.Make another account with your dad's name...that would work.
     
    inyx, May 4, 2009 IP