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PayPal balance was auto withdrawn

Discussion in 'PayPal' started by karthimx, Sep 12, 2011.

  1. DumpPaypal

    DumpPaypal Peon

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    #121
    When does it transfer the money usually? Any fixed time or time zone? If not, still can you share when were your payments processed and how many times (or days actually)?
    Does it even process if account balance become 0.01 ...i mean for 1 cent too it issues a NEFT automatically? What was the least amount, for which, it occurred in your account?
    Other guys also share the info you have this activated already!
    SEMrush

    JUST TO SHARE, They are checking fake pan no.'s too and limiting the account for receiving any payment (all other functions work) and ask for new VALID PAN's to remove this limitation.
    So be ready if you are still below on the list.
     
    DumpPaypal, Sep 16, 2011 IP
    SEMrush
  2. watermelon

    watermelon Peon

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    #122
    I hope paypal will set atleast minimum amount of money to withdraw atleast 10 bucks or something.
     
    watermelon, Sep 16, 2011 IP
  3. watermelon

    watermelon Peon

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    #123
    My paypal have done automatic withdrawl already for three times so I am facing this problem too
     
    watermelon, Sep 16, 2011 IP
  4. DumpPaypal

    DumpPaypal Peon

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    #124
    @watermelon
    Care you share some juice?
    I mean about the info i asked above your post?
     
    DumpPaypal, Sep 16, 2011 IP
  5. DumpPaypal

    DumpPaypal Peon

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    #125
    MotherF***kers .... Money-looters....Plunderers PAYSHIT
    Sending 2.5 bucks too (proof in a post, by another person, before)

    HORRIBLE!

    I sincerely pray PP dies and something else takes its place!
    RBI shit is fine... but this PAYSHIT is making things really difficult with weird, un-necessary rules

    I also ain't allowing anyone to send/receive PAYSHIT payment. I am using everything possible to use other ways and payment methods and PAYSHIT is last on list of preference now.

    Call this PAYSHIT instead of PP from now on!
     
    Last edited: Sep 16, 2011
    DumpPaypal, Sep 16, 2011 IP
  6. unna

    unna Well-Known Member

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    #126
    Buy 2 center fresh with this bucks. One for you and one for your girl friend/wife.
     
    unna, Sep 16, 2011 IP
  7. qwertykris

    qwertykris Active Member

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    #127
    So, without a warning they implement this rule?! Lol, that is pretty unprofessional of them. Besides, what do service providers do if there is a customer who wants a refund as someone said. I do not own a credit card presently so what happens if a refund is requested? Do I need to create a VCC from my debit card to be able to pay back someone who demands a refund?


    It is getting tougher and tougher for the average freelancer to conduct business. Hmmm, wonder if people are noticing the growing number of obstacles for Indians.
     
    qwertykris, Sep 16, 2011 IP
  8. mridula46

    mridula46 Peon

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    #128
    They did not do this without any warning. They had sent an email a couple of months earlier that we were not going to be allowed to keep our money in the accountbfor longer than 7 days. The only difference is that it is mow a daily withdrawal.

    They are not at fault, these are RBI guidelines. Too much unaccounted for money was being moved via Paypal.
     
    mridula46, Sep 16, 2011 IP
  9. mridula46

    mridula46 Peon

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    #129
    Paypal withdrew all the money I had in my account and now I have a nil balance. The rules state that no daily payment should be more than $50 and thatbwithin 24 hours it should move to your Indian bank account.

    Paypal asked me to confirm my PAN numbers and account numbers a few months earlier.
     
    mridula46, Sep 16, 2011 IP
  10. karthimx

    karthimx Prominent Member

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    #130
    End of t he day your Paypal balance should be $0.00 :)
     
    karthimx, Sep 16, 2011 IP
  11. nihangshah

    nihangshah Prominent Member

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    #131
    I had only 5 cents in my PayPal account and they issued NEFT transfer to my Bank account. Screenshot over here.
     
    nihangshah, Sep 16, 2011 IP
  12. sweatlana

    sweatlana Well-Known Member

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    #132
    No, this process already started by today. because paypal has automatically withdrawal my funds to my bank account today. rather in mail they were mentioned the effective date by 26th sep. then why they are doing it right now. I am shocked.
     
    sweatlana, Sep 16, 2011 IP
  13. sweatlana

    sweatlana Well-Known Member

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    #133
    Yes Paypal implemented this rule already, today my funds automatically transferred to my bank account. I think this is bad. because now we cant choose the highest conversion rate for transfer.
     
    sweatlana, Sep 16, 2011 IP
  14. major9

    major9 Peon

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    #134
    It has already started. My Auto Withdrawal happened on 14th Sept. (yet to receive the cash though)
     
    major9, Sep 16, 2011 IP
  15. Dhaval1983

    Dhaval1983 Peon

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    #135
    FRIEND,

    This morning I have received an email from PayPal that:

    Your PayPal balance was automatically transferred to your Bank of XXXXXX in India, x-8842 on Sep 14, 2011.

    Your balance is automatically withdrawn daily.

    Yours sincerely,
    PayPal

    Does this mean Indian user cannot keep their balance in their PayPal account? Please clarify
     
    Dhaval1983, Sep 16, 2011 IP
  16. RightTurn

    RightTurn Active Member

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    #136
    You have to accept the rate of that particular date and i dont understand the govt of India logic behind this.
     
    RightTurn, Sep 16, 2011 IP
  17. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #137
    Yes. As an indian paypal account holder you can't keep balance in your paypal account at the end of each day.

    DON.
     
    deluxdon, Sep 17, 2011 IP
  18. Ragu_007

    Ragu_007 Well-Known Member

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    #138
    Finally for the first time i got an auto withdrawal today morning.
     
    Ragu_007, Sep 17, 2011 IP
  19. hatimyal123

    hatimyal123 Member

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    #139
    So do they charge any fees or its free transfer.
    This is getting really bad and out of hand.
    Paypal sucks big time now.
     
    hatimyal123, Sep 17, 2011 IP
  20. Ragu_007

    Ragu_007 Well-Known Member

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    #140
    There is no charge for withdrawal.
     
    Ragu_007, Sep 17, 2011 IP