Hi, Right now i have some problems with my bank account. But i need to withdraw money from paypal, so i can use my close relation's bank account to withdraw, but according to paypal, the paypal account holder's name and bank account holder name must be same, so i am thinking of changing my paypal account user's name(not user mail id or user name) with my relations name. Is this is acceptable with paypal and i like to know whether i can change back to my name later afterwards. Changing name charges anything ? or will get any problem in future? Pls Help me, i need to withdraw money today itself. Thank you for spending your precious time with the thread.
Paypal Accounts are not transferable.... your only option is to open new paypal account for your relative and then transfer money to him > withdraw...
Thank you lol.. i have understood, what i can do with paypal. And whats the problem is, Still the personal payment to Indian accounts is chargeable. This is the mail i received from paypal. But Three weeks before i have done a personal payment to my friend paypal account, who is also in India. But no charge as been deducted as fee. Don't know what is happening with Paypal.
Even my friends was not charged for personal payment. I wonder how it works sometimes.. Paypal is sometimes mess..
From now on - March 11 2010 onwards, the person who receives a payment in India will be charged a fee - if less than $3000, fee is 3.4% of amt + $0.30. Check the fees section on paypal
always try to obey the rules , make a new account for ur relative, then verify send ur fund to him and withdraw simple
hey there is no personal payment option in Paypal, you can get it if you read "Cool PTC" post reply, we will be charged fee for transfering funds to Indian paypal account.
But the OP says : So, 1. Why was there no charge 2. On top of everything HOW on earth are they making personal payments. The option has been removed right?
Why dont u open a new paypal at that name and transfer funds and then withdraw Paypal allows everyone to have a personal and a business / premiere account
Yeah.. i made the personal payment to my friend on 22 feb 2010, and the transaction is completed successful. But from march 11 2010 as "Cool PTC" says personal payment is completely stopped in Paypal for Indian Accounts you can see my Post date and i mentioned three weeks before i can able to do personal payment, i think the paypal too have some bugs , and i used it. yes.... i will be opening an new account, but it won't be instant or i need some money for initial bal, Now i requested a cheque and it is being processed, hope i get it before this monday. I tried and failed because no PAN number available for that person,
You can add a new bank account in your paypal but remember that the last name should be the same of yours in case of your new account also
No there is no such problem even in my paypal account i have about 5 accounts with different names and all have different last name and I have successfully withdraw this week too and you can change paypal name too check here: http://getsatisfaction.com/paypal/topics/change_name_on_paypal
Thank you lol.. i think i can change the name, but i am waiting for pan number so that i can change the name and enter their Pan Number.