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Paypal FAQs Answered For Users In India

Discussion in 'PayPal' started by aakashshah123, Sep 18, 2006.

  1. tomcatdss

    tomcatdss Peon

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    #321
    Hi,
    My paypal account indicates check issue date as Jan12 (by standard mail). I havent received any check yet. What should I do?
    SEMrush
     
    tomcatdss, Feb 10, 2007 IP
    SEMrush
  2. gr8liverpoolfan

    gr8liverpoolfan Notable Member

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    #322
    The cheque is issued a few days after you request for it. Be patient. It depends on how reliable the postal service is in your area.
     
    gr8liverpoolfan, Feb 10, 2007 IP
  3. mixke

    mixke Prominent Member

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    #323
    Its been a month so I believe you should shortly receive the check . However,as gr8liverpoolfan said ... It depends on services in your area .
     
    mixke, Feb 10, 2007 IP
    YIAM likes this.
  4. tomcatdss

    tomcatdss Peon

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    #324
    The last time I requested for a check, I received it about 21 days after the issue date listed on paypal.

    Does the duration vary from one payment to another?
     
    tomcatdss, Feb 10, 2007 IP
  5. gr8liverpoolfan

    gr8liverpoolfan Notable Member

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    #325
    All on postal services and the load pp has at that time.
     
    gr8liverpoolfan, Feb 10, 2007 IP
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  6. mixke

    mixke Prominent Member

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    #326
    It depends on the services in your area and also on vacations < if any >
     
    mixke, Feb 10, 2007 IP
  7. bilalinamdar

    bilalinamdar Active Member

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    #327
    Consider 45 days as Approx... If u didn't get it go to the postal office.. If they don't have it then Talk to Paypal.....
    Simple.

    Remeber if the cheque failed to reach u PP charges Fees to re issue.. Remember this That will take more 15Days of ur Time. then again 45approx day to reach...
     
    bilalinamdar, Feb 10, 2007 IP
  8. bilalinamdar

    bilalinamdar Active Member

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    #328
    The catch is Exchange Rate People always Ignore it.
     
    bilalinamdar, Feb 11, 2007 IP
  9. tomcatdss

    tomcatdss Peon

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    #329
    What is the main advantage of withdrawing thru xoom rather than paypal?

    How can we order special delivery for paypal checks?
     
    tomcatdss, Feb 11, 2007 IP
  10. gr8liverpoolfan

    gr8liverpoolfan Notable Member

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    #330
    Time is Xoom's advantage.
    No special delivery currently available for Indians
     
    gr8liverpoolfan, Feb 11, 2007 IP
  11. mixke

    mixke Prominent Member

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    #331
    It takes around 25dayz for the check to arrive and it takes around 3-4dayz for bank transfer < when XooM is used > however , XooM dont allow intra-india transactions :) :)
     
    mixke, Feb 11, 2007 IP
  12. aakashshah123

    aakashshah123 Well-Known Member

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    #332
    Please Update me on the following...
    isnt using xoom for transaction in india illegal.
    I found somewhere that remit to india, western union and xoom can be used only if there are personal transaction s like from family members to you .
    Just need a clarification for the purpose.
     
    aakashshah123, Feb 11, 2007 IP
  13. Kulwinder

    Kulwinder Active Member

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    #333
    This is what Bilal answered me :)
    and yes.. remit2india and western union can be used only if there are personal transaction s like from family members to you .

    sorry i have no idea about xoom :(

    Zeazt.
     
    Kulwinder, Feb 11, 2007 IP
  14. tomcatdss

    tomcatdss Peon

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    #334
    which international banks in India permit direct deposit by paypal into our account in that bank in India?
     
    tomcatdss, Feb 11, 2007 IP
  15. aakashshah123

    aakashshah123 Well-Known Member

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    #335
    I dont think that xoom payment is legal.
    If your payment is tracked then you will land into trouble for the same.
    Its a serious offence.
    Correct me if I am wrong.



    The Answer is NO.
    Though they send it through Citibank cheque even citibank does not provide that facility.
    There were news that Ebay India's Paisapay ( Powered by HDFC ) and Paypal may merge to provide facility for payment. But it still is a dream as of now.
     
    aakashshah123, Feb 11, 2007 IP
  16. bilalinamdar

    bilalinamdar Active Member

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    #336

    Well i guess u are right
    India do allow Inward Remitance the Problem is It should be an NRI Account.. This facility is only for NRI's to send money home.. You will need a IEC code to legalize it. Then u will need to show how u earn.. Sources of income.. How much u earn.. TAX....TAX....TAX well tax for life :D
    If u do it via it there are high possibility of u will get caught sooner or later..All transactions are being RECORDED by RBI..Reviewing of account can go any time.:eek: They will ask question to the bank, Bank will ask question to u and then Income tax dept will be involved.. Well i guess at the end of the story we have to pay TAX :eek:
    Why paypal do not come to Indian Bank ? Well Because of Strict RBI.. it is for protecting against Fraud and scams that the intl banks are also facing.. well it is good / bad but it is safe.
    Well one thing more U can't send money outside india to any foreign country.. Well don't tell me u can ! (You will need IEC) remember RBI do not allow to send money to intl banks.. if u want to confirm go to local bank and ask.. A Inquiry for u will being ... Not easy for india alas.
     
    bilalinamdar, Feb 12, 2007 IP
  17. naif

    naif Well-Known Member

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    #337
    Update

    After reading a few posts on DP and few ones posted on other forums, I contacted Xoom again. This is the mail I sent and the reply I got:

    And this is the reply I have gotten

    If using Xoom was illegal, I am sure this customer care guy would have told me about it... Dont you think so?
     
    naif, Feb 12, 2007 IP
  18. bilalinamdar

    bilalinamdar Active Member

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    #338
    Canned Response...
    Do u think Govt will not ask u from where and why the money is coming to u...
    See let Discuss from the point of view of the Govt...
    Some body from XOOM dept sents u checque Okay...
    Now when the cheque clear in india still XOOM is a foreign company.. Collbrating only with banks.. Anything related to RBI ? no.. They do not say abt TAX rbi or other things..
    So they will ask where the money comes from like always to all the people in all whole world...It is still a remittance.
    Because of Terrorist Activity it is really very strict... A person from Terror Country will send money to a Guy who he set up in india and than that guy will do some thing... So this is the basic Picture behind the Inward remitance Watch ... I guess u can understand.. I have more technical data than this.
     
    bilalinamdar, Feb 12, 2007 IP
  19. naif

    naif Well-Known Member

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    #339
    hmm, I dont mean to argue with you here Bilal but if a bank is involved, the RBI will know about it. And I wont be receiving any cheques from Xoom. The only reason I would use Xoom is because I hate cheques. This is how Xoom works. I send them the payment using paypal and they'll deposit that money into a local Indian bank. It has options for sending money to around 25 banks or so and one of them in the list is ICICI Bank.

    And I am not afraid of the government because I am not doing anything wrong. I work as a freelancer coder and make money on the Internet. Unless its illegal to make money on the Internet here in India, I dont think they can do anything about it. And anyways, I receive money from paypal through cheques. Terrorists could use paypal too, cant they?

    By the way, can I know how exactly the tax system works here in India? Do I need to pay tax if my source of income is a foreign country?
     
    naif, Feb 12, 2007 IP
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  20. bilalinamdar

    bilalinamdar Active Member

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    #340
    Naif read the thread from starting abt iec
    Well naif i know what u mean abt internet income but understand what i am telling i am not argue i am just sharing knowledge the legal issue. Even if u work on Internet YOU WORK! and every earner should pay tax. So u would have to apply for a Iec code and after that u have to show them what u earn how u earn.. I do not want to write anymore abt it coz i know it discourage many people so i would write much..
     
    bilalinamdar, Feb 12, 2007 IP