Hi, i have currently $160 in my paypal, and i live in india...the minimum withdrawal is $150 and i want to withdraw it via a check.... Is this the best option that i have....? or should i wait for more cash to accumulate....plus i want to ask is there any limit to how much you can withdraw from a personal account(not premium)???
PayPal will charge you $5 for check withdrawal. If your account is verified then you can use xoom.com to withdraw your funds directly to your Indian bank account. Visit xoom.com for fee and details. You can withdraw maximum $500/month from your personal account.
Xoom charges $9.99 for transfer between $25 to $500 and $14.99 for transfer between $501 to $1000. Infact you can get some discount in their fees by using coupon codes which are available. Search more for coupon codes in this section.
thanks m8, just one more question.... if i update my account to premium....i get charged to accept payments via paypal, rite?? also, is there a way to verify account..without using credit card...i have an sbi debit card..but am planning to make an icici account....any suggestions or recommendations??/
You can use VCC for verification of your paypal account but still i prefer that apply for any credit card and verify through it.
You can't use Indian debit cards to verify your paypal. You can use VCCs which will cost about $10 (search this forum). But it's not recommended. Yes, but there are other benefits that you will also get. Like in personal account you can't accept CC payments (Max 5 time with higher transaction fee) and withdrawal/spending limit will also increased.
yes VCC is not recommemded though, I am from India too but if you are interested in VCC, PM me. I can help you withdraw your paypal to cash. Thanks
BTW just to let you know of exchange rate if you thinking to withdraw through xoom. Current Exchange Rate: US$ 1.00 = INR 38.1094