PayPal Payment Withdrawals

Friends, I want to know 2 things about paypal payment withdrawals:

1) Is it necessary to get verified for payment withdrawal?

2)What could be better option for withdrawals- requesting a paypal cheque or money transfer to bank account?

I will be happy if you could furnish clarifications.

 

to withdraw money ..,you must have to have a varified account..its must..

 

No it's not necessary to have Verified PayPal to withdrawal your money.

I would suggest you to withdrawal by bank transfers as it fast and better way to get money.

 

Withdrawal by bank transfer is better then cheque, as Rohit said its fast and reliable way to withdraw your money.
Its always advisable to get your PayPal verified to avoid any kind of problem in regards to account limitations and funds being held.

Regards

 

So, I can request for a cheque even if my PayPal account is UNVERIFIED?

 

Yes you can..

 

Well Radhika.. Can I verify my paypal account with a ICICI Bank Debit Card?

 

And I am not having a valid credit card. In this case should I proceed for a cheque request?

 

Hello,

There is no problem to withdraw the payment if you have an account in any indian bank, Just try to go for bank transfer all the time, it's easy than getting cheque, It should not take more than 3 days for processing, So you can better go with bank transfers.

And to get verified only you need credit card otherwise there is no need for that. Hope you liked my response.

Thanks
Raj

 

You can still able to do Bank transfer, as you have no problem even you are not with Verified Account Holder. If you have HDFC bank account then you can use NetSafe service to verify your PayPal.

 

I recommend Bank Transfer.

And You dont need to verify for paypal if you want to withdraw.

For Cheque it takes upto 45 days,

 

No, you can't use debit card be it any bank, you need to have CC only to verify your PayPal.

 

You cannot add an Indian debit card, you can only add a credit card. But if you want to withdraw money from paypal add your bank account with the IFSC code of your bank and withdraw money with a bank transfer, Thats safe and easy. Write to your bank for that code they will provide you with. To withdraw money you don't need to be verified.

 

if you transfer the money into bank account then there is no need for the verification if the transection is below 500$ in one year . for above 500$ you must verified it

 

little problem is going on in bank transfer these day

 

It is not compulsory to verify paypal account.
It is good for you if you direct transfer your paypal money to your bank account.
But it takes 5 to 6 days..

 

There are couple of other ways out there also to verify your paypal.
Just have a look around.