Paypal fees for withdrawing to bank account

Discussion in 'PayPal' started by kuttykraze, Jun 25, 2010.

  1. #1
    Can someone tell how much does Paypal charge for withdrawing money to bank accounts. I am from Chennai, India. I know they will reduce 50 rupees for withdrawals less then 7000 rupees. Will there be any other withdrawal fees??
     
    kuttykraze, Jun 25, 2010 IP
  2. infogle

    infogle Prominent Member

    Messages:
    2,732
    Likes Received:
    128
    Best Answers:
    1
    Trophy Points:
    300
    #2
    No other withdrawal fees is applicable. Its just the 50 INR
     
    infogle, Jun 25, 2010 IP
  3. deluxdon

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

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #3
    Nope. There will be no any other withdrawal fees.

    DON.
     
    deluxdon, Jun 25, 2010 IP
  4. kuttykraze

    kuttykraze Well-Known Member

    Messages:
    184
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    103
    #4
    Thanks for your repiles friends.....

    I have another doubt!!...
    I am using a bank account created by my office for me. Will there be any problem using that.
     
    kuttykraze, Jun 25, 2010 IP
  5. deluxdon

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

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #5
    No problem if your bank account name and paypal account name both match perfectly.

    DON.
     
    deluxdon, Jun 25, 2010 IP
  6. kuttykraze

    kuttykraze Well-Known Member

    Messages:
    184
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    103
    #6
    Both match exactly the same except that my bank account name is in CAPS and paypal account name is in normal letters. I think that wouldn't be a problem!!........
     
    kuttykraze, Jun 25, 2010 IP
  7. deluxdon

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

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #7
    Thats not a problem.

    DON.
     
    deluxdon, Jun 25, 2010 IP
  8. kuttykraze

    kuttykraze Well-Known Member

    Messages:
    184
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    103
    #8
    Thanks Don........
     
    kuttykraze, Jun 25, 2010 IP
  9. karthimx

    karthimx Prominent Member

    Messages:
    4,959
    Likes Received:
    127
    Best Answers:
    2
    Trophy Points:
    340
    #9
    No hidden fees unless you withdraw less than 7000 INR. but you have ti check the currency conversion rate before withdraw.
     
    karthimx, Jun 25, 2010 IP
  10. clbyodo

    clbyodo Peon

    Messages:
    3,457
    Likes Received:
    7
    Best Answers:
    0
    Trophy Points:
    0
    #10
    No,there will be no any withdrawing fees when you withdraw your money to your bank account.
     
    clbyodo, Jun 25, 2010 IP
  11. AdWordsTrader

    AdWordsTrader Peon

    Messages:
    28
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #11
    If you are withdrawing more than 7000 INR then you dont have to pay any fees otherwise 50 INR will be fees
     
    AdWordsTrader, Jun 25, 2010 IP
  12. kuttykraze

    kuttykraze Well-Known Member

    Messages:
    184
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    103
    #12
    Hey karthimx thanks for the information you gave on conversion. I will make sure to check that when i withdraw.
     
    kuttykraze, Jun 25, 2010 IP
  13. nintsvn

    nintsvn Guest

    Messages:
    32
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #13
    If names are not same,there will be a 250 INR return fee.There won't be any other fee other than the one you mentioned
     
    nintsvn, Jun 25, 2010 IP
  14. vinith98

    vinith98 Notable Member

    Messages:
    480
    Likes Received:
    11
    Best Answers:
    0
    Trophy Points:
    240
    #14
    Be care full with the name if it mismatches they charge. Though they say Rs250 they deduct more, its happened to me they deducted around 15$
     
    vinith98, Jun 28, 2010 IP
  15. kuttykraze

    kuttykraze Well-Known Member

    Messages:
    184
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    103
    #15
    Thanks for your advice. The only difference is in my bank account my name is entered in caps and in paypal its in normal mode. Will that be a problem?
     
    kuttykraze, Jun 28, 2010 IP
  16. vinith98

    vinith98 Notable Member

    Messages:
    480
    Likes Received:
    11
    Best Answers:
    0
    Trophy Points:
    240
    #16
    I'm not very sure, but I don't think its a problem. Just email them and ask don't take a risk, they usually reply in a day or two.
     
    vinith98, Jun 28, 2010 IP
  17. kuttykraze

    kuttykraze Well-Known Member

    Messages:
    184
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    103
    #17
    ok. I have already placed the withdrawal request, its status is also completed. I will my account tomorrow for cash. Hope for the best....
     
    kuttykraze, Jun 28, 2010 IP
  18. deluxdon

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

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #18
    deluxdon, Jun 28, 2010 IP
  19. kuttykraze

    kuttykraze Well-Known Member

    Messages:
    184
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    103
    #19
    Sorry don, I didn't notice it......
     
    kuttykraze, Jun 28, 2010 IP
  20. johnsonp

    johnsonp Peon

    Messages:
    1,217
    Likes Received:
    4
    Best Answers:
    0
    Trophy Points:
    0
    #20
    No other withdrawal fees. But PayPal conversion rate less when compared to actual rate.
     
    johnsonp, Jun 29, 2010 IP