I deposited my paypal check yesterday in UTI bank....and today i got message from UTI on my mobile that my check has been rejected.I will contact my bank tomorrow cause now its closed for today. Anyone faced this problem?
There is something problem from your side for sure as never had any problem with encashing paypal check till now. If there is any mismatch of name at check and bank account then its possible or else go to your bank personaly and talk with them regarding specific issue.
Never had any problems like this but still I always go and check in bank after 3 days if the balance is in the account or not. Plus till then keep the cheque details safe somewhere it might come in handy sometime, who knows.
just email paypal checque not received and all your amount will be credited to paypal with $15 fees! I deposited paypal citibank cheque to Dena bank account within 7 days i got money! it's definately name mismatch problem!
Thanks for your feedback.....but my name is exactly same in UTI bank and on paypal check...... Whether i needed to deposit the whole page including mine and paypal address? or i just needed to deposit the check attached at the bottom of the page....i just removed the check attached at the bottom and deposited that...
PayPal Checks are account payee only. You can't encash it without a bank account, But it doesn't mean that you must have account in citibank, You can deposit it in any bank where you have account.
I contacted my bank and they told me that check was rejected cause there was no endorsement on my check. Sorry to sound stupid but what is this with endorsement on paypal check? Shall i need endorsement/seal from paypal or i just need to sign on the the back of my paypal check?
just check with your bank and confirm that why the check is rejected then only you can confirm that what is the exact reason behind it and then only you can get a right suggestion from here.
Never had any problem related to this endorsement thingy Also my bank never want me to sign on the back of check. Which bank ask you to sign on the back YIAM ?
They just told me that it was rejected cause "no endorsement" was found with the check.... Mine is UTI bank.....
Then ask them what to do next ? If they want you to sign back of that check then do that or if you have any other bank account like hdfc or icici then try to deposit there. Never had any problem with hdfc till now.
Suppose my name is "rock rahul" and check is issued with that name..whether i need to write "rock rahul" on the back of the check or my signature is required. Mine is UTI bank....
As deluxdon said, you should ask bank what to do next. I just deposited my adsense check and asked a bank staff about endorsement thing, they said its done by your bank where you are depositing your check.
Talk to them personally and double check on everything from name o account details. I am sure you will find the missing link.
My friend just try to deposit in some ther bank, if you havene. If you dont have then try to find out what exactly do the bank wants, in the name f endorsement.Lastly, if you can request paypal to cancel/ block this cheque and then once the paymet comes back into your paypal account, just try to exchange it with any reliable DP member. e or she will transfer INR directly into your bank.You will save all hassel.You can sed a DP if you need any kind of assistance with reagrd to exchanging your paypal for INR.