Paypal Issue Solved!! Check your bank accounts!!

Dear Vernika,
I have received the same message.............it says they are working to address the issue.......................they didn't resolved the issue till yet.....so don't try to make confusions.....................

 

Yep, will have to wait for withdrawals till their new Policy and Terms are announced. It may affect non verified accounts I guess from then onwards, if it was due to some RBI guidelines as is heard by at many places during this prevalent time. If it was pure technical issue pertaining to Paypal itself, life will sail on as it was, of course, with few to many account changeover as per available options of payment transfer and the charges levied on it.

But good news is that this whole issue is moving towards some solution after all the excitement and restless period of around 2 weeks.

Edit :
This sort of official announcement, even in the form of email to individuals is the good sign by Paypal.

 

...Who's responsible for such situation ..

 

Well you should ask your buyers to resend money to recover the money which lead your account towards to Negative.

 

Well I made several requests between 3oth jan - 2nd feb, have not got any such mails

 

Problem is not solved yet, I have checked my bank and paypal both, no funds in any of them. I am really disappointed

 

Better to tell them to send it at other account ..

Yeah right Don bhai ..

 

Here is I received the mail from paypal

Balances Can Now be Viewed in Your Account
Tuesday, February 9, 2010 9:13 AM
From:
This sender is DomainKeys verified
"PayPal" <paypal@paypal.com>
Add sender to Contacts
To:

PayPal

Dear xxxxxxxxx xxxxxxxx,

Thank you for your patience while we work to address the issue of processing withdrawals to Indian bank accounts.

We expect to have this issue resolved within the next few days. In the meantime, we’re going to restore the amount of your recent withdrawal into your PayPal balance so that you can know your money is safe in your account. You should see the balance restored within 24 hours. In addition, you will see a reimbursement of any withdrawal fees charged. We will ensure that you are not adversely affected by currency fluctuations during the last week.

In your transaction log, you will soon see that your PayPal withdrawal request has been reversed. We ask that you wait to submit another bank withdrawal request until we have addressed the processing issue. We will contact you again in a few days with an update and, if the issue is resolved, you can initiate another withdrawal at that time. In the meantime, you will have the ability to spend your balance to purchase goods or services if you choose.

Again, we apologize for the inconvenience this has caused.

Thank You,

PayPal

Copyright © 1999-2010 PayPal. All rights reserved.

Consumer advisory - PayPal Pte. Ltd., the holder of PayPal's stored value facility, does not require the approval of the Monetary Authority of Singapore. Users are advised to read the terms and conditions carefully.

 

Same Here Nothing to do but wait :

 

I got same kind of pyapal mail but does it shows that the problem is solved???? It only shows that the problem is not yet solved and we will have have to wait still and God know How Long????

 

This in Fact Shows there is HUGE problem.
Paypal is not able to solve withdraw to Indian banks and NOR they hope to solve it in coming days.

 

It may take time since it should be some regulator related issue and they surly know the urgency of issue! We will see withdrawal option working find in next few days.

 

Yes, problem is not yet solved. But I saw a good news after a long long time.

 

lets hope that it solved ASAP

 

please read the post clearly its mentioned wait up to 24hours

 

it is not solved still.. Only thing is that money will not remain in Air...

Problem will be solved only if you get the money in your account and you can withdraw it...

 

Is reversal problems sorted out?

 

Same question I wanna ask, can I know receive funds using service option ?

Withdrawl to bank account is still not possible I know.

 

Are you 100% sure? Now can i request my reversed payment + another payment from someone?
How can you say this?