Because of my foolishness there was around 3.4k $ accumulated in my paypal... I got myself verified today with my new CC..and i wanna meet the deadline of RBI/PAYPAL of the 1st march. Just now i initiated a withdrawl of 500$ still 2.9k $ left in my account... Please tell me how to divide the amount and withdraw so that there wont be any issue like suspicion from paypal and also i want to meet the deadline.
Why dont you contact them to ask about this? I think it's okay, but it's better aksing them before you withdraw.
There is no problem in withdrawing any amount if everything is correct in your account. Better withdraw $1K at a time so that it would be less than 50K when deposited in bank. That way do it 3 times and problem solved.
JUST don't worry and you can do what you think after an asking of the customer services of the PayPal
You have a verified account now! That means no limits to withdrawals! But some tax laws may apply to big amounts depending on source of course..
I dont think there is any risk in withdrawing any amount if your paypal is verified. Just you should shwo your income in tax return thats all
They is no issue with withdrawing funds, we can't receive funds more than 500$ per single transaction from march 1st mate .
Can't take chances. Do it in amounts of 600 or so. Check this link. This person's account was limited http://forums.digitalpoint.com/showthread.php?t=2095472
I don't think that is correct. it's 500$/transaction and not limiting the amount that you withdraw to your bank.
you may get limited for a suspension of "money laundering" but once the limit is dealt with it should be fine.