is it possible to withdraw cash from paypal to an indian bank account ***experts help

Discussion in 'PayPal' started by jinkajama, Feb 11, 2010.

0
  1. #1
    hi guys...i have a minimum balance to withdraw the cash..can i get the money to my hand in to a bank account...any process
     
    jinkajama, Feb 11, 2010 IP
  2. INDIAN123

    INDIAN123 Well-Known Member

    Messages:
    701
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    110
    #2
    nope u cant
     
    INDIAN123, Feb 11, 2010 IP
  3. jestep

    jestep Prominent Member

    Messages:
    3,659
    Likes Received:
    215
    Best Answers:
    19
    Trophy Points:
    330
    #3
    Not until Paypal and the RBI get things figured out.
     
    jestep, Feb 11, 2010 IP
  4. karthimx

    karthimx Prominent Member

    Messages:
    4,959
    Likes Received:
    127
    Best Answers:
    2
    Trophy Points:
    340
    #4
    Only way is you can request a cheque from paypal till they officially fix the problem.
     
    karthimx, Feb 11, 2010 IP
  5. Moses8595

    Moses8595 Peon

    Messages:
    4,145
    Likes Received:
    153
    Best Answers:
    1
    Trophy Points:
    0
    #5
    Just click this link
     
    Moses8595, Feb 11, 2010 IP
  6. cottonian_2005

    cottonian_2005 Peon

    Messages:
    299
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    0
    #6
    Yes you can withdraw money. But since paypal has temporarily suspended bank withdrawls in India, you wont be able to do the same.
     
    cottonian_2005, Feb 11, 2010 IP
  7. webiedge

    webiedge Guest

    Messages:
    12
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #7
    Hi,

    I have not tried withdraw by cheque method in recent past (for 3 months or so)
    But i can tell you how it works..... (For indians)

    Whenever i withdrew a cheque from paypal -> I got my cheque in 15 Days

    The cheque was of "Citibank"

    This check can be dropped in your local bank just like any other local indian cheques.

    Payment of this cheque will appear in your bank account in 3 days (just like normal cheques)

    This cheue will be in INR. On withdrawing this cheque paypal convert USD to INR on its sucking conversion rate.

    I am pretty sure that this cheque will not be any problem with RBI because
    This cheque can be withrawn at any CITIBANK Branch in india, so you just need to drop this cheque in your bank's drop box .
     
    webiedge, Feb 12, 2010 IP