hi i have 1 query reg. papal. i have account in paypal in favour of my name along with some fund. now i have given my local bank account detail of other person. so when i transfer this fund to local bank, it came return and deduct amt. so what can i do, can someone explain me procedure.
You can withdraw your paypal funds only to your own bank account...and so the name as it appears on your Paypal account should exactly match..letter by letter with that of your bank account name, in order to successfully complete the transaction. Since in your case, the names did not match up, the money was returned with PP debiting your account with their return charges/fees. Regards, RightMan
Well, its not allowed to withdraw money in the account of anybody else. If the other person has same name exactly like you then only you can withdraw. Otherwise its not possible i think. - Digital -
In order to withdraw money from paypal to your bank account your paypal name should match with your bank account name. Otherwise you cannot.
Your paypal and bank account name should be matched. If it is not matched then the transaction will get reversed and you will bare some fees for it.
I am in India .. When I opened my first Paypal account .. It was on my fathers Names and I wanted to Withdraw my funds on My Bank account .. Than I called Paypal with skype and asked them If I am eligible to do that .. They told me like this "In India yes.. Last name have to be same" So I am thinking that it depends on country as the representative Focused on "India" Regards RG
also i think if u change your account to bussines a/c then u can edit the bussines name beause i also added my partner name in my paypal as bussiness name and withdraw the funds before i dont know now it may work or not