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Direct Withdrawal from paypal to indian bank works now?

Discussion in 'PayPal' started by sologame, Feb 10, 2010.

  1. #1
    Do any one had succeeded in withdrawing directly from Paypal to Your Indian Bank accounts?
    I don't want to do Xoom transfer as i have to go through several new steps which i may do some mistakes and it also has little more commission rate even after paypals low exchange rate.

    If any one had succeeded in withdrawing directly from paypal to your bank accounts, please post it here. Or please tell me from what day onwards we can withdraw directly.

    Thank you.
     
    sologame, Feb 10, 2010 IP
  2. deluxdon

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

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    #2
    Nope. Not yet. As paypal said at another blog below given.

    DON.
     
    deluxdon, Feb 10, 2010 IP
  3. kdsshare

    kdsshare Active Member

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    #3
    Why don't you try to withdraw first ? It's not working till date. PayPal will make an announcement pretty soon or it might take a lifetime to announce depends on our RBI. God knows.
     
    kdsshare, Feb 10, 2010 IP
  4. Jayacheelan

    Jayacheelan Peon

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    #4
    Hi there,

    I every week make withdraws to my icicibank a/c and sbi a/c. it works perfectly

    Make sure that your name in paypal and the bank a/c should match correctly.

    thanks
     
    Jayacheelan, Feb 10, 2010 IP
  5. Moses8595

    Moses8595 Peon

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    #5
    No, not this moment.
     
    Moses8595, Feb 10, 2010 IP
  6. cottonian_2005

    cottonian_2005 Peon

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    #6
    It certainly isnt going to take lifetime, paypal cant afford that to happen. Its reputation is under the scissors and making the users wait for "lifetime" will destroy their reputation completely.
     
    cottonian_2005, Feb 10, 2010 IP
  7. sologame

    sologame Guest

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    #7
    As cottonian_2005 they wont leave this problem for long days, and more over im posting this thread because i had tried to withdraw money which was reversed with some fee. so i dont want to loose again thats is why am asking others experience.

    As Moses8595 said, definitely you cant atleast at this moment.

    Exactly, but this waiting kills me :(
     
    sologame, Feb 11, 2010 IP
  8. agnivo007

    agnivo007 Peon

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    #8
    I had a bank withdrawal request made on Jan-27 which got stuck and yesterday, it was reversed and funds deposited back into paypal balance. So, they are still not processing any bank withdrawals...
     
    agnivo007, Feb 11, 2010 IP
    Sid_who likes this.
  9. anildewani

    anildewani Peon

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    #9
    I have requested a withdrawal 3 days back, status at paypal shows "completed" but i haven't received any amount in my bank account yet. I will update if i get it. :)
     
    anildewani, Feb 11, 2010 IP
  10. olddocks

    olddocks Notable Member

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    #10
    This month all our money got stuck on paypal and we are out of money for expenses. still no word yet. For me the most important thing is withdrawal and i would only sleep better once i have money in the bank.
     
    olddocks, Feb 11, 2010 IP
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  11. cottonian_2005

    cottonian_2005 Peon

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    #11
    Relax. Take a deep breath. I can understand the urgency. Be positive, there will be some solution to it.
     
    cottonian_2005, Feb 11, 2010 IP
  12. arrow11

    arrow11 Well-Known Member

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    #12
    Babus are a stumbling block to all progress, they should put their house in order before troubling PayPal. Babudom at its best, maybe next they will trouble Moneybookers too. In my country no issues like this.
     
    arrow11, Feb 12, 2010 IP
  13. narayananblaze

    narayananblaze Well-Known Member

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    #13
    You're the man.. Any updates now? :)
     
    narayananblaze, Feb 12, 2010 IP
  14. ebiztrendz.com

    ebiztrendz.com Well-Known Member

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    #14
    I can understand the feel of urgency as i went through the same situtation many times. BUT this time i have no money in PayPal and i would direct my customers to pay through direct bank transfer or xoom or moneybookers.com
     
    ebiztrendz.com, Feb 12, 2010 IP
  15. anildewani

    anildewani Peon

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    #15
    Nah, not received yet. Not reversed to my paypal account too. No emails by paypal either. :p
     
    anildewani, Feb 13, 2010 IP
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  16. jackoobe987

    jackoobe987 Peon

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    #16

    same with me also. where is my hard working money.
     
    jackoobe987, Feb 14, 2010 IP
  17. pranshukakarot

    pranshukakarot Peon

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    #17
    Don't worry mate, Your money is safe. paypal will either transfer it to ur bank account in few days or you will see the money in ur paypal account.
    But plz update us with the status.
     
    pranshukakarot, Feb 14, 2010 IP
  18. sologame

    sologame Guest

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    #18
    I like your attitude, by the way i have no other way than waiting, i dont want to screw again with Xoom ;)
    Lets hope for the best.
     
    sologame, Feb 14, 2010 IP
  19. Sid_who

    Sid_who Active Member

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    #19
    I have applied for withdrawal to my bank account as well. It said payments are likely to be there till 18th of Feb. I hope I do not have to pay unnecessary fees for bounce back, if any !

    Will keep you guys updated. Transaction shows completed.. !
     
    Sid_who, Feb 14, 2010 IP
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  20. leroyvflopez

    leroyvflopez Peon

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    #20
    Still I dont want to take risk of 25$ fees from the paypal so I am using xoom right now, which is giving even better conversion rate then paypal so its better to do xoom
     
    leroyvflopez, Feb 14, 2010 IP