Hello friends , I have a question and thought anyone would help me out . What my problem is , how should i withdraw my money from paypal to my icici bank ? well i know there is a option but the problem is , i am not over 18 and also dont have a bank account , however my father has a icici bank account , is there any way , my paypal is on my name , so what should i do ? is there any other option ,please help me , appreciated . Thanks
Ask your dad to open up a PayPal account and in turn you can send him the money from your PayPal account to his , In Turn, Your dad can withdraw the same to his bank account...... Also, You can open up a bank account with HDFC or ICICI bank,it will take hardly a day and would not cost you much, Age is no bar from opening up a bank account, After this,You can withdraw your PayPal balance to your own bank account
You can have a saving account in SBI even thought you are below 18. And I think you can use other's bank account to withdraw money from paypal. You should contact paypal for this.
You can easily add your name in your dad's account as a minor and then withdraw money from your paypal account to yours IMO. Don't know that it is legal way so you have to find out more before doing this. DON.
Thats the other option jimmy. BTW can you confirm that we can do below given also as i am not 100% sure about this DON.
jimmy please can u give me more details , i dint understood , i can also use XOOM , whats exactly is that ?please share with us some info , thanks friends
Yes u can do that,it will be called Joint account,then he can withdraw to bank account Go to www.xoom.com ,register there and u order cheque/bank transfer to your dads name, U will get cheque in 3-4 days,bank transfer is much quicker though.Search XOOM here in this section,u will get more info.
Well , i dont have money in XOOM , i want to withdraw from paypal ( maybe i still dint understood u ) ?
U dont need money in XOOM man,register to XOOM (free) and then u select payment mode and then transfer from ur paypal to XOOM.
Hi , follow the steps.. 1.) Simply Go to http://www.Xoom.com 2.) Register there with one of your valid e-mail (it is free) 3.) once you'r Logged in to your Xoom Account click the Send money Button. 4.) Fill up the amount you want to transfer to any person's account. 5.) there are four options to get your money see which one suits you best. 6.) just choose the option click continue. 7.) Then Xoom will ask for "Choose a Payment Method" Choose Paypal 8.) Continue then and you are done.. Note : Does not matter whether you are 10 yrs. or 100 yrs. old while transferring your funds from PayPal to some bank account or better you choose an option to get an account payee cheque to some one name (your dad) It will take hardly 4 to 5 days to receive your check at the provided address given by you. Remember the name should be exactly the same as your father has in his bank record. Cheers- Umesh
I think its not called Joint account jimmy because joint account holders need to be 18 years IMO. Its called minor account holder name adding in main bank account. Am i right DON.
Yes, deluxdon you are right. The best way for him to get his funds to the Bank account is Xoom. instead of opening another account and documentation and all that stuff will be difficult for him so better he use Xoom. Cheers - Umesh