Help to Withdraw paypal money to indian bank

Discussion in 'PayPal' started by Alex129, Aug 3, 2009.

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  1. #1
    Hello friends. I have business paypal account and one bank account in Bank of Maharashtra. My paypal business name is say "Y" and my bank account is under my name say "X". So, will paypal send me money to bank account though business name is different from bank account name??
    If not, what do I do???

    Also, do you have any additional suggestions or rules which are to be obeyed while withdrawing money to bank account. If so, please mention them to help me out.

    Thanks in advance...
     
    Alex129, Aug 3, 2009 IP
  2. Moses8595

    Moses8595 Peon

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    #2
    I think you can not get the money..you had better contact paypal in advance....
     
    Moses8595, Aug 3, 2009 IP
  3. coolamazer

    coolamazer Peon

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    #3
    coolamazer, Aug 3, 2009 IP
  4. marshalprince

    marshalprince Peon

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    #4
    I think for Withdraw, your lastname in Bank and paypal should be same. If you have same lastname in both then you can update the profile in Paypal and change firstname similar to that in bank.
     
    marshalprince, Aug 3, 2009 IP
  5. byyp

    byyp Active Member

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    #5
    Yes, for withdrawing money from PayPal, you need to have identical "last name" on your PayPal and Bank account. Say you have your last name "A" on PayPal and the same last name "A" on your bank account, then you can withdraw the money easily. If this is not the case, either contact PayPal or open a new bank account with the PayPal name-whatever suits you.
     
    byyp, Aug 4, 2009 IP
  6. blogsrate

    blogsrate Active Member

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    #6
    Contact Paypal and I think you can change the Paypal name ...

    Click Support at the end of the page and select name change and give a short description and then submit to paypal..
     
    blogsrate, Aug 4, 2009 IP
  7. iwillguide

    iwillguide Peon

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    #7
    hi,
    i will give an idea! just change your names of your paypal account that can match ur bank name ..u can do it in profile by editing then add your bank account to your paypal .it ask IFSC (some code that u can get from RBI of different bank branches in india) then u can request payout from paypal .it normally takes 48 business hours ..if there is any problem paypal will let u know..i hope this is best way to get ur money
    good luk!
     
    iwillguide, Aug 4, 2009 IP
  8. Dhaval1983

    Dhaval1983 Peon

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    #8
    In short, in order to withdraw money to your bank account, your bank and paypal name must match.
     
    Dhaval1983, Aug 4, 2009 IP
  9. Alex129

    Alex129 Peon

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    #9
    Thanks for the info... Does business name have any relation to bank account. Like business name should match bank account name or so. I am having business account type for paypal.
     
    Alex129, Aug 4, 2009 IP