How to pay a person 10k USD through paypal?

I am going to do a slightly big transaction soon through paypal.I have 10kUSD in my bank account but do not have a credit card.If i want to send a person 10kUSD through paypal,how can i do that guys?

Since "add funds" service is not available in india,i cannot just add funds to my account.Is there any way out?

I found this thread that says there is no need to add funds and that paypal will just take money off my bank account.Is that true?
http://in.answers.yahoo.com/question/index?qid=20100201033436AA93l8s

thanks a lot.Please help me with this.it would be great for me.

 

I suggest u to better go wih escrow.com or pay through Western union.

 

how is it possible through escrow?I just checked it and it does not seem to say anything about adding funds or so.Please note that i am in India.And thanks very much for the help above

 

Unfortunately... there is no other alternative source available for adding funds to an Indian paypal account... other than a credit card!
You will just have to request your regular banker to provide you a credit card... if you intend to pay using Paypal.

Regards,

RightMan

 

thanks so much for the help rightman.So i think i would have to go for a credit card.This is unbelievable.I thought i will be do fine with a yuva card.

 

If i plan to use escrow for buying a site,how do i do it?I just got registered and could not see how i would be able to pay escrow as i do not have a credit card.

 

Why dont you just send a wire?

 

Just wire it dude, you'll save a lot in fees for 10k.

 

Paypal is not allowed in Bangladesh.

 

Do a wire transfer. It is much more secure and costs about $20 - $50 (international) vs. $300 for Paypal.

Make absolutely sure you trust the person on the other end though. Once it's gone, there's no way to reverse it.

 

It's better not to rely on paypal for such big transactions....better use Western union or escrow....It's safe and secure than paypal.

 

i am thinking of wiring it to escrow instead of sending straight to the seller.Is that good?

 

Yes, nothing better than that.

 

@ Don and Helvetii,

thanks very much guys.I have an account in SBI loaded with slightly more than 10k USD.I think i will use it.I heard that you got to submit some documents or something for wire transer.Is it true?And i have not got a pan card yet.

 

You need to quote PAN for transactions above 50,000, so I don't think you can do it without a PAN number, other than that there are no other documents. The bank people will give you a form where you'll enter your Account#, recipient bank details and signature.

 

well,i think its time to get a PAN then.Never thought i will get it so soon.thanks guys.Do give me any other suggestions if you have.

 

Unless you have a verified account you cannot transfer more than $400 USD per month via paypal. PayPal will also look extremely closely at transfers over $1000 USD so I recommend multiple transactions over time after verifying your account or you will not have luck disputing the transfers if they go sour basically.

The safest method for a large paypal to paypal secure transfer is to send a USD$ gift request (Request money tab on PayPal control panel) to the other paypal e-mail as this cannot be refunded to the giver(scammed). But PayPal may have a limit to gift amounts. Note that a gift $ could avoid the transfers fees as well so it's a win win. Please +rep xD

 

You can do it , There is a exchanger site , exeauto.com where you can sent them $$$ or Local Currency > and they pay to your client . or Your PayPal . Like Bank to PayPal service