delay in ICICI bank withdrawal

Discussion in 'Payment Processing' started by olddocks, Feb 7, 2008.

  1. olddocks

    olddocks Notable Member

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    #21
    PP involves NEFT (national electronic funds transfer) which is intra-india. Tell them it is coming from citibank under NEFT. TT involves international.

    i am still waiting for my funds which i initiated on 5th feb.
     
    olddocks, Feb 9, 2008 IP
  2. deluxdon

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

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    #22
    Just for the testing purpose for all of you i have initiated one small amount bank withdrawal to my ICICI bank as on 7th Feb. Status is completed since 8th Feb. Today is 10th Feb but maybe delay due to weekend so hope for the best. Let you know all once i get funds in my ICICI bank account.

    DON.
     
    deluxdon, Feb 9, 2008 IP
  3. mohitkumar

    mohitkumar Peon

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    #23
    Same here, I withdrew $1500 on 2nd feb and it reached on 4th feb to my ICICI bank account. I again withdrew $2000 on 5th feb, status is completed from paypal side but I am still waiting $2000 to my bank account. I also recently see my limit of $2500 per month in paypal. so my total withdrawl amount is $3500 thats already crosses the limit at the current month. Now this is really getting me worried, will I lose this $2k. Why didn't paypal stop me then at the point when I was trying to withdraw more then their limit. Also I am a verified premier member. What should I do guys. :mad:
     
    mohitkumar, Feb 10, 2008 IP
  4. varkeytech

    varkeytech Banned

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    #24
    I had intiated a withdrawal on the 6th and still its not credited. Anyway as you said it may be because of the weekends. Hopefully it will come tomorrow.
     
    varkeytech, Feb 10, 2008 IP
  5. deluxdon

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

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    #25
    It will reach to bank account on 11th or 12th IMO.

    Hope for the best :rolleyes:

    DON.
     
    deluxdon, Feb 10, 2008 IP
  6. aspire

    aspire Well-Known Member

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    #26
    There's some problem with the ICICI accounts. I have also not received the funds initiated on 6th. I hope they sort if out fast.
     
    aspire, Feb 10, 2008 IP
  7. olddocks

    olddocks Notable Member

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    #27
    did you open your PP account between those dates? I think your account should have resetted the monthly withdrawal limit between those dates. As otherwise PP will not allow withdrawal more than that of specified limit.
     
    olddocks, Feb 10, 2008 IP
  8. mohitkumar

    mohitkumar Peon

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    #28
    My paypal account is more then 1 year old.

    Now below is what I see:-

    Withdrawal Limit
    Your Monthly Withdrawal Limit is the maximum of money you can withdraw monthly from your PayPal account.

    Your Monthly Check Withdrawal Limit is: $2,500.00 USD per month

    $0.00 USD Remaining


    Is this withdrawal limit for both both paper check and bank transfer combined or only paper check ?
     
    mohitkumar, Feb 10, 2008 IP
  9. 28081981

    28081981 Well-Known Member

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    #29
    Me got no issues with PP

    I recently w/drawed to my BOI ac on 6th Feb. took 3 days as usual...

    So Chill !
     
    28081981, Feb 10, 2008 IP
  10. rohit147

    rohit147 Well-Known Member

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    #30
    Well this is now concerning me. I had initiated a bank withdrawal to my ICICI Bank on 5th Feb - the amount was a moderate amount and still no signs of money in my account. The transaction is showing completed since 2-3 days now. I am not getting a bit worried.

    I have been using Bank TRansfers from paypal about 5-6 times in total and this has never happened. But atleast i am not the only one having this problem.. Will be waiting till Tuesday and then give a call to paypal.
     
    rohit147, Feb 10, 2008 IP
  11. SticKer

    SticKer Well-Known Member

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    #31
    i feel its some problem with icici bank. i had some money transfered to my icici account 2 days back, it shows in the ledger balance but in available balance it doesn't show the amount. its the same problem for the past 2 days.
     
    SticKer, Feb 10, 2008 IP
  12. reachpradeep

    reachpradeep Well-Known Member

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    #32
    No need to panic. RBI stopped the EFT


    I know paypal is doing NEFT transfer. But problem because of EFT closed. Just my assumption.

    what you guys telling regarding this
     
    reachpradeep, Feb 10, 2008 IP
  13. 28081981

    28081981 Well-Known Member

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    #33
    hm... may be problem is with ICICI then , better contact them clarify the issue .
     
    28081981, Feb 10, 2008 IP
  14. olddocks

    olddocks Notable Member

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    #34
    exactly the same thing happened to me. That is why i started this thread :( dont know whether this is a problem with PP or icici?
     
    olddocks, Feb 10, 2008 IP
  15. microsites

    microsites Peon

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    #35
    paypal sucks these dayz
     
    microsites, Feb 10, 2008 IP
  16. arjun316

    arjun316 Active Member

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    #36
    problem not with icici bank i think its paypal my bank hdfc waiting for funds completed on 7th still waiitng.........

    i am waiting till 12th then i will contact my bank and paypal
     
    arjun316, Feb 10, 2008 IP
  17. deluxdon

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

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    #37
    So that means its not problem only related to ICICI but its related to paypal. Let us know your feedback here please. BTW sent ICICI email about this and let you know all their reply for sure.

    DON.
     
    deluxdon, Feb 10, 2008 IP
  18. bloggerclub

    bloggerclub Banned

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    #38
    Any one who applied on 5th of feb received payment to bank account
     
    bloggerclub, Feb 10, 2008 IP
  19. olddocks

    olddocks Notable Member

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    #39
    hey :) got my money today @ 3PM from ICICI. I did withdrawal on 5th

    no need to worry guys!
     
    olddocks, Feb 11, 2008 IP
  20. varkeytech

    varkeytech Banned

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    #40
    Even my account was credited today. I initiated the withdrawal on 6th. :)
     
    varkeytech, Feb 11, 2008 IP