Can Indians invest in Paypal money market?

Discussion in 'PayPal' started by nihangshah, Aug 21, 2008.

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  1. #1
    I have some paypal funds and interested in investing in PayPal Money Market Fund.

    Can Indian paypal account holder invest?

    To which people is it open for?
     
    nihangshah, Aug 21, 2008 IP
  2. eddy2099

    eddy2099 Peon

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    #2
    The Money Market Fund is exclusively for the US Residents. They do not have the legal rights to market this outside of the US.
     
    eddy2099, Aug 21, 2008 IP
  3. goforhunt

    goforhunt Banned

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    #3
    Yup, as eddy aid, Unfortunately we being Indians do not have this opportunity.

    cheers!
     
    goforhunt, Aug 21, 2008 IP
  4. sar420

    sar420 Notable Member

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    #4
    Sad sad, would have been a ood money spinner. Why are some things still not globalized!
     
    sar420, Aug 21, 2008 IP
  5. eddy2099

    eddy2099 Peon

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    #5
    The trouble is that financial products are very heavily regulated items as it can be a means of money laundering. However, the good news is that Unit trusts such as the Paypal Money Market Fund can be found locally through your local banks which may or may not be similiar to that of Paypal.
     
    eddy2099, Aug 21, 2008 IP
    sar420 likes this.