Well from now PayPal will use Indian bank transfer I guess since DEUTSCHE BANK already available in India to reduced NEFT Service. This would be big reason behind dealy payments since it is Bank To Bank transfer it takes more times then NEFT service. NEFT service was tool 24 hours while Bank To bank tooks 2 to 3 days depends on your bank. So don't worry about payments!
Don't worry I also faced same problem once it was taken unusual Time some time it's takes soem extra time. If all the detaisl is the saem means you are using same bank account where you bring money earlier then just wate. With in 2-3 dasy hope you can see the amount cr. in ur bank account.
You are lucky at least eventually! I think the pain of waiting was just too much. I on the other hand is not that lucky an waiting for my transfer to hit the bank. By the way mine was done on 04.06.2008 night so the next available NEFT cycle should have been 05.06.2008. Going by the delay then I can expect mine to hit the bank on 12.06.2008 thats tomorrow. Any body from the 04.06.2008 or 05.06.2008 lot who has received their payment? My bank is HDFC Bank.
Well most of payments are now comming for Deutsche Bank! which makes process slower to get funds because in needs bank to bank transfer without using NEFT.
Hey You received 6th June's and not 4th's!!! Can you tell me which bank the payment came from? Is it Deustche Bank as the general consensus on this forum is for latest lot of PP payments? I made a request on 4th June night and still not received it. If the 2nd June lot is getting cleared now as they are saying.........one guy did post that he got his 2nd Jun payment yesterday night, that means we are due for tomorrow or may be day after........good luck and do reply.............thanks.
at least if PP tells us that they have changed the bank and the forwarding procedure from NEFT to Bank2Bank we would not have sleepless nights. I saw someone transferred 1.5 K dollars, I am waiting for my 800 odd dollars. never waited this much even for my gf . I wonder if there are any better services than PP in India. Have used Moneybookers and they are even more scarier.
Well best thing about is PayPal is use legal way to transfer funds and RBI approved company so your transfer will be safe and follow RBI guidlines. Otherway might be creat problems. So I suggest you to stick with PayPal.
Well, I received the transfer from deutsche bank, but it's clearly mentioned as NEFT. IFSC : DEUT0784BBY 222, Kodak House, Dr. D.N. Road, Fort, Mumbai - 400 001. Yes, I guess some changes are going on at citibank. The google check I received recently had a different authorised signature this time.
I don't think that there seems to be any change in the remitting bank. I have been receiving PayPal NEFT transfers since February 2008 and all the transactions are received from DEUTSCHE BANK, Dr. D.N.Road, Fort, Mumbai, India 400001. I got this information from RBI website when I cross checked the remitting bank ISFC number that usually accompanies all NEFT transactions. The ISFC number in this case is DEUT0784BBY and the MICR number of that bank is 400200002. Can anybody confirm if their payments received on HDFC Bank during the last month bears anything different? If there is no change in the bank then the glitch appears something else than what they are saying...........ahh when will my money hit my bank
I also checked in my netbanking for the NEFT transaction on 11Feb I got it from DEUT0784BBY which makes me think they are sending from Deutsche Bank... I never knew it..
If this happens we guys will rock out! Just we have to hope for the best and we should do the things which leave good impression of Eastern countries . M Brain
Well yes, we must do honest business and build good rep; else most merchants and services would block us like they do for China!