How to send $10000 from India through paypal in single transaction??

Discussion in 'PayPal' started by sunny553, Jan 6, 2014.

  1. #1
    Hi friends,
    I recieved email from Paypal that Indian paypal customers can send upto $10000 in single transaction.But some credit cards in india such as (ICICI B2 E-wallet card,VISA gift cards etc) do not allow making payments more than Rs 50,000 (around $800) in single transaction.
    So,which credit card in India allows to send upto $10000 in single transaction through paypal?Please help.

    Thanks,
    Sunny
     
    sunny553, Jan 6, 2014 IP
  2. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #2
    I don't think so that any bank's CC allowed to send $10000 in single transaction in india.

    DON.
     
    deluxdon, Jan 6, 2014 IP
  3. raoraj

    raoraj Well-Known Member

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    #3
    use wire transfer
     
    raoraj, Jan 7, 2014 IP
  4. sunny553

    sunny553 Greenhorn

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    #4
    Here,is the e-mail from paypal:
    --------------------------------------------------------------------------------
    "Dear Sunny Heracleas ,
    Thank you for contacting PayPal Customer Support. My name is Kuldeep and
    I am happy to assist you with your concern regarding sending limit.
    Mr.Heracleas, I understand your concern and based on that would like to
    inform you that your sending limit per transaction is $10,000.
    My focus is on resolving your concern. Please let me know if you need
    further assistance. Thank you for choosing paypal"
    --------------------------------------------------------------------------------
    So,as per paypal reply,how it's possible to send $10,000 in single transaction from India through paypal?

    Sunny
     
    sunny553, Jan 7, 2014 IP
  5. Active

    Active Well-Known Member

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    #5
    Not possible in India, but you can at least receive $10000 to your PayPal. :D
     
    Active, Jan 8, 2014 IP
  6. sunny553

    sunny553 Greenhorn

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    #6
    ok,what is the maximum amount we can send through credit card through paypal is single transaction from India ?
     
    sunny553, Jan 9, 2014 IP
  7. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #7
    It depends on your credit card limit.

    DON.
     
    deluxdon, Jan 9, 2014 IP
  8. sunny553

    sunny553 Greenhorn

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    #8
    Which credit card in India allows sending maximum amount?as i need to send atleast Rupees 2 lakhs through paypal in single transaction.

    Sunny
     
    Last edited: Jan 10, 2014
    sunny553, Jan 10, 2014 IP
  9. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #9
    Bank provide you credit limit based on your financial condition so contact any bank nearest to you and ask for the same yourself.

    DON.
     
    deluxdon, Jan 11, 2014 IP
  10. SpyShifu

    SpyShifu Well-Known Member

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    #10
    no, you can send transactions. Open account to "City Bank" they allow such transaction with your own CC. ( you need to open "Fix Deposit" for equal or more than 5L )
    To apply to "City Bank" you need minimum amount 2.5L ( they only accept check - no cash ) Or either you can apply as salary account ( if you do job - more than 50,000 INR / Month salary )
    Hope it help.
     
    SpyShifu, Jan 11, 2014 IP
  11. nihangshah

    nihangshah Prominent Member

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    #11
    $10000 is huge money to send to someone. Bank will check whether you're able to re-pay back, before issuing credit card
     
    nihangshah, Jan 13, 2014 IP
  12. SpyShifu

    SpyShifu Well-Known Member

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    #12
    City Bank won't! You already invest 5L as fix deposit, they know that, if you unable to re-pay then they have secure source.
     
    SpyShifu, Jan 13, 2014 IP
  13. ash1ey82

    ash1ey82 Active Member

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    #13
    10000 Dollars is a lot of money, and I would doubt if many banks would.
     
    ash1ey82, Jan 13, 2014 IP
  14. humtuma

    humtuma Notable Member

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    #14
    Bank will check the portfolio before issue credit card. Some of the banks provide unlimited use of credit card.
     
    humtuma, Jan 13, 2014 IP
  15. SpyShifu

    SpyShifu Well-Known Member

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    #15
    Indian debit not work with PayPal :( I think just only ICCI bank debit does work, but "currency conversion" charges are much higher than Credit Card.
     
    Last edited: Jan 14, 2014
    SpyShifu, Jan 14, 2014 IP
  16. SpyShifu

    SpyShifu Well-Known Member

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    #16
    I got my first CC, just 7 day after my 18 birthday from AXIS Bank. I don't think, their was anything to check for my portfolio.
     
    SpyShifu, Jan 14, 2014 IP
  17. Advert78

    Advert78 Member

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    #17
    Just deposit $10000 in your Credit card and when its credited your card limit will increase automatically and you can send as much you want in one transaction..
     
    Advert78, Jan 14, 2014 IP
  18. mrgadget

    mrgadget Well-Known Member

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    #18
    Dear, I think for transaction over $5000, you should use Escrow for safety, never use anything else. Just my opinion!
     
    mrgadget, Jan 14, 2014 IP
  19. humtuma

    humtuma Notable Member

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    #19
    It depend on location well bank check my portfolio. I am also having axis bank account only.
     
    humtuma, Jan 14, 2014 IP
  20. rajanurs

    rajanurs Well-Known Member

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    #20
    This problem can be easily overcome if the credit card issuer allows to increase the limit by prefunding the account for the required amount.

    This is really such a simple solution...unfortunately the banks are managed by people with no brains.
     
    rajanurs, Jan 19, 2014 IP