I'm gonna make a withdrawal tomorrow

Discussion in 'Payment Processing' started by narayananblaze, Mar 31, 2010.

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  1. #1
    Guys,

    I'm gonna make a withdrawal probably by tomorrow. I haven't submitted my PAN Card details. Could that be a problem when withdrawing?
     
    narayananblaze, Mar 31, 2010 IP
  2. unna

    unna Well-Known Member

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    #2
    can't say but better if you add Pan card. Who can say that Paypal reverse your account???

    Follow T& C
     
    unna, Mar 31, 2010 IP
  3. njbrodka

    njbrodka Peon

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    #3
    ^ Defintely follow T & C... then you'll be fine
     
    njbrodka, Mar 31, 2010 IP
  4. esidyo

    esidyo Peon

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    #4
    How would you access your account without submitting the PAN card details? Just go ahead and submit it first, or try a PAN card of some other house member
     
    esidyo, Mar 31, 2010 IP
  5. RightMan

    RightMan Notable Member

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    #5
    I think your transaction would go through... but if Paypal decides to implement PAN requirement from 1st of April which is today... then you probably will get a warning for the same... on Paypal page itself! So.. if you do not see any such information, you surely can go ahead and do the withdrawal! :)

    Regards,

    RightMan
     
    RightMan, Mar 31, 2010 IP
  6. nitinleew

    nitinleew Well-Known Member

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    #6
    @Rightman
    April 1st?how do you know?
     
    nitinleew, Mar 31, 2010 IP
  7. blog8491

    blog8491 Notable Member

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    #7
    Still we don't know about it. There are no official announcements.

    Thanks
    Blog.
     
    blog8491, Mar 31, 2010 IP
  8. deluxdon

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

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    #8
    Rightman saying that "but if Paypal decides to implement PAN requirement from 1st of April which is today..."

    Have you noticed that ??

    DON.
     
    deluxdon, Mar 31, 2010 IP
  9. RightMan

    RightMan Notable Member

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    #9
    There is a directive by government of India to implement PAN disclosure in each and every transaction from 1st of April... in the absence of which they intend to charge a penalty tax of 20% on them! I was just putting one and one... together and of course as pointed out by DON, I had stated 'if' paypal decides to toe the line of GOI... you will need it!

    Regards,

    RightMan
     
    RightMan, Mar 31, 2010 IP
  10. narayananblaze

    narayananblaze Well-Known Member

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    #10
    You can access the account by just clicking on the banner on top without submitting PAN details ;)
     
    narayananblaze, Mar 31, 2010 IP
  11. radhika.writer

    radhika.writer Well-Known Member

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    #11
    Well I would suggest you to submit PAN details before you ask for any withdraw. You never know when PayPal gonna start matching the PAN details with bank account and I am sure you dun want to be that unlucky one. :)

    Thanks
     
    radhika.writer, Mar 31, 2010 IP
  12. onetouch

    onetouch Member

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    #12
    I dont think it will create problem you can withdraw it now
     
    onetouch, Mar 31, 2010 IP
  13. rajesh.ejob

    rajesh.ejob Well-Known Member

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    #13
    Are you going to withdraw as a cheque or to direct bank transfer. i have requested a cheque and received it yesterday, without adding my PAN details. So sure u can received cheque, because, once you drop your cheque for clearance in any bank it will be indexed to IT department. I think similar thing to bank transfer, so you will get your money without any trouble. But this won't be going like this for long. Paypal will fix a deadline for adding PAN details. So add it soon...
     
    rajesh.ejob, Apr 1, 2010 IP