New Bank Withdrawal Instructions for Our Customers in India - thepaypalblog

Do we need another thread? Can't you find this one?:
http://forums.digitalpoint.com/showthread.php?t=1715778

We already had a thread, no need to open it again.

 

We have to use P0805 since we are freelancer/Blogger and link selling, Blog posting fell in this area.

 

I think, link building, seo, publisher networks, affiliate networks would fall within the ambit of 'advertising'

 

I wonder what is the code for webhosting?? I am contacting paypal for the issue.

 

Well we are selling links as individual not dealing any company so it should be fall in Freelancing and Blogging. We are selling things with specific network then it should be Advertising.

By the way we will collect money from different services and only we will know about payment nature, PayPal never know it. I think they just want to show our payment nature, they can't check our earning source.

 

I think that will go for 803 not clear though, can anyone suggest me what code I should use for the domain I use to buy and develop a website and sell it out.

 

DD,

I think the best thing to do is contacting paypal and asking the solutions for this. Because if these purpose codes are going to be validated seriously we may get into trouble then.

 

I can't see any way PayPal knows about payment nature. They only force us to do it as they can show RBI about Payment nature. We only people know our source and we can use any codes which we like as we collect money in several services and we can't use single code to cover all payments.

 

So does Referrals Fall under P1007 category or 0802 I earn from Rapidshare and Hotfile And selling Amazon Vouchers? Can anyone tell the best code which suites it

 

Somewhat relief we got for the withdraws but still there is lot of confusion is there..what we have to do if we are getting the money from different sources like seo services, affiliate programs, ebooks selling etc., can someone clarify how to handle this?

 

They have also said that You bank may ask for Invoice or details of the withdrawal you are processing.

What to do if PayPal passes the withdrawal but our bank ask fro invoice or details.
How to submit them and when to submit them?

 

Does the Affiliates Comes under the same Advertisement CODE .

T_D

 

what type of documents we need to submit to the bank as i dont have any documents related.

 

Please note that according to Indian law, based on the value of withdrawal and the purpose code in your declaration, your bank may require you to provide documentary proofs such as invoices / goods receipt forms as applicable to reconcile with your withdrawal.

The above mentioned issue published in the blog is still confusing to me. How can we show any other invoice other than PayPal invoice to our bank? Please discuss on this, if you have any idea.

 

Maybe proofs are only needed for high amount transcations

 

This may be true too.

 

Yes true, but we freelancers sometimes earn big amounts. So, we must know all the details. Please suggest.