In my paypal I have got $200 and I am planning to withdraw it. Since I am from India I am looking to transfer it via xoom. How long it takes to reach here ??? How much each (paypal and xoom) charges for the whole transaction ???
In Paypal, the one paying does not pay any fees like paying someone on Paypal. Xoom however would charge you $8 for the transfer to your Indian Bank account . Use the Xoom calculator to check the fees https://www.xoom.com/fees?disb=deposit&co=IN&amount=200 It should take a few days before you get your money. Like what the rest said, select 'Bank Deposit' as the option and not any other methods and they would be illegal in your country.
Xoom isn't ( if you choose bank deposit), and check will take you anything between 3-6 weeks, depending on the postal services in your area
No, not on the Paypal side. Because you (buyer) are paying Xoom (seller). Treat this like a normal sale which you would make. In Paypal, buyers don't pay charges, the seller does that. Xoom is not an official withdrawal method offered by Paypal.
From the other posts by your fellow Indians here have mentioned, it would take about 3 to 5 days to your account. Do not take checks unless you order it direct from Paypal.
There is nothing much you can do about it really. That's just part of foreign exchange. The other option would be through Paypal which would take up to 45 days and there is also the additional 2.5% foreign exchange fees. Take that as a business expense. Alternatively, don't withdraw anything from your paypal account and spend it all from there. The last time I withdraw from paypal, the exchange rate was US$1.00 = SGD$1.47 , the official rates are about US$1 = SGD $1.53.
Nobody works for charity eh Paypal will give you a better rate, but the check will take time to arrive and you are charged $5 per check, regardless of the amount. Your choice of what you want, to the OP
Well if you can wait for sometimes than you should hold this amount because exchange rate is too low at the moments. US$ 1.00 = INR 40.8130
Withdraw you funds via paypal, paypal and only paypal.Dont go through any other website.Just make a withdrawl request and ask them to send a cheque. Once you get it, you can deposit the same in your bank account and there you go!!!! All this sounds good but the fact is its time consuming. Why dont you exchange some of your funds bit by bit through a trusted DP member who may be willing to pay you by online bank transfer ?Example, ICICI Bank or HDFC Bank?