In this case paypal funds adjusted with ur outstanding and ur cash limit will be increased as proportionate with ur avaialble balance.
I made CC withdrawal today to my Axis Bank CC. I checked Paypal Exchange rate which was PayPal exchange rate:1 USD = 44.5867 INR. Though Paypal transfer amount in USD $$ and CC bank convert it in local currency in their own rate so lets see how much and @ what rate I am getting money. I will encash it with my friends shop. I will keep updateing. Current Status= Pending
Same for me, one of my withdrawal finished and showing in my CC account and did another withdrawal big amount ...
It took a week to get it,now can u withdraw it without the heavy fee or is there a way to get it in account.
I got another idea. Transfer fund to your credit card from your paypal account & then request for Dial a demand draft for your amount. Just pay DD charges & you can create DD on any one's name. I am not sure but many Credt Card company has got Dial a Draft facility.
Dial a draft facility is available only for the Available CASH limit of your credit card. As both have almost the same charges, One can rather withdraw cash thru ATM instead of awaiting for the draft delivery and crediting it to a bank account for encashment.
Hi guys! I have been doing a lot of thinking and found a good solution to get the paypal funds into our bank account legally. 1. Withdraw the funds to your visa credit card 2. open a moneybookers account (if not already opened) 3. upload funds to your moneybookers account using the same visa credit card where the funds have been previously withdrawn. Moneybookers charges only 1.9% fee to upload funds to your moneybookers account. (still lot less than other illegal methods) 4. withdraw those funds from your moneybookers account to your local bank account. It will only take 4-5 days to get the funds from your moneybookers account to your indian bank account. moneybookers send the money in euros using bank wire (Rs 115 fee) so its never a problem with RBI...good luck everyone!!
after adding a credit card in ur mb a/c that does not means that u have mb funds by recieving. we add cards to paypal is that mean we have paypal balance .. bogus comments.
guys wanted to know if i have already got a outstanding in my credit card will that get automatically adjusted with the paypal balance if i withdraw through CC.also how to link a bank account with the card. p.s first query is more important if they will adjust the amount then no use for me
answer 1 is yes. answer 2 - ask bank for d link so that u can use ur cc as debit card for withdraw funds from ur bank savings a/c .
That is wrong. You can fund your account using a credit card (charge is 1.9% I guess). According to their Terms and Conditions you can withdraw the available funds in your account at any time.
Have you tried it??Coz i tried once and it worked like paypal..You cant deposit funds into your MB account through a cc...However if you want to send payment of 10$ , you can make that with your cc..