Hi members I wish to ask this question only to Indians.My younger brother went to India few months ago for Studies.He has few questions to ask but he has no account here.That is why i am asking .So, he has Verified Paypal through VCC(Is it ok??) and got an account in some ICICI Bank as he told me.My question is, does ICICI Bank transfer the money properly via Paypal Withdrawal?? Is there any Bank verification too? I read somewhere that ICICI Bank does not support Paypal Payments for some accounts.Is it true?? Is it allowed to withdraw money form PP every 2 days or so?? Lastly, how many days on average does ICICI Bank take to deposit the money and how much per day can be Withdrawn from Paypal every week?? Thank you all.
Well, there won't be any problem. He can transfer money from PayPal to bank anytime he wants. And it generally takes 3 days to get money from PP to Bank. And one can withdraw 50K daily via a Debit card. - Digital -
Hi Digital I am lucky that you first replied in my thread .Can he later on add a Real CC along with the original VCC dude?? I am asking because sometimes he may want to Buy something online, so he can transfer some $$ from bank to PP .Also, Can he start withdrawing form today itself without Verifying Bank account? This looks nice .So is it in $$$ or local currency?? Thanks
Well ya you can add a real CC anytime ! And there is no need to verify bank to withdraw. You can do it directly. And that 50K is in INR. - Digital -
Excellent friend Your replies have cleared so many questions.Please feel free to post some more Tips as i enjoy reading them . @Others : The discussion is still open.Ask or answer similar questions here