Has PayPal started Bank withdrawals??

Hi everybody,

paypal policy has been dwindling for some weeks now.
from what I can recall, withdrawals to local banks, particularly Asian and Indian banks had been suspended.
has the situation been rectified?
can we debit money to our local banks now?

Regards,
anubhavk

 

Yes the issue is resolved .. the first batch of transcations hasnt still reached banks though

 

I am too expecting successfull withdrawals! I hope I don't get my money stuck in air.

 

i have withdraw 500$ on 4th March 2010, let see when it credited to my bank account. I hope i will get the fund on 8th March.

 

Hi Raj what purpose code u had used while withdrawl the money .As i am providing blocommenting service and content writing service can any one please tell me the purpose code.

After receiving money in your account please update it .

 

In malaysia, there is no problem on withdrawal the paypal to our local bank.
It take about 2 days with NO fee if the amount is more than $120++

regards,
a3d

 

Yes the problem has been solved - as per Paypal officials. Lets see if money reaches our banks or not. I have withdrawn today, so it should reach in next 3-4 days .

 

no not yet...i requested a withdrawal of 600$ on 4h march...it got reversed again

 

that's strange ? did you contact PayPal about it? You withdrew on 4th, then did it get cancelled after reaching the "completed" status?

 

may they limted due to any invoice confermation

 

why paypal needs invoice confirmation when buyer have no problem, do't you think they are asking more information than they are suppose to get, are they not aware that every services payment is not through invoice.

 

Yes this issue is resolved now and you can withdrawal the amount in local bank of india with new instructions of paypal.