Paypal reversed withdrawaled fund to my paypal balance

Discussion in 'PayPal' started by linkstrade, Mar 22, 2010.

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  1. #1
    Hi guys,

    Yesterday I transferred $6000 from paypal to my indian bank ac but today when I logged into there is reversal of full amount to my paypal. I am not understanding why paypal did so?
    Perhaps I transferred large amount thats the reason or something else?, is there transfer limitation to bank ac?
     
    linkstrade, Mar 22, 2010 IP
  2. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #2
    Why don't you give them a phone call and clarify this thing ?? You will get proper answer that way IMO.

    DON
     
    deluxdon, Mar 22, 2010 IP
  3. abydee2

    abydee2 Peon

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    #3
    Have you tried calling your bank? Maybe it was transferred under your paypal business name? (Im not from India, sorry)
     
    abydee2, Mar 22, 2010 IP
  4. Red_Virus

    Red_Virus Well-Known Member

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    #4
    Now that is strange ! they don't reverse like that. Have you had big transfers in the past ?
     
    Red_Virus, Mar 22, 2010 IP
  5. Bohra

    Bohra Prominent Member

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    #5
    Did they put any limit to your account ??
     
    Bohra, Mar 22, 2010 IP
  6. linkstrade

    linkstrade Active Member

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    #6
    no dear this was my first time.

     
    linkstrade, Mar 22, 2010 IP
  7. techGuide1

    techGuide1 Peon

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    #7
    I think $6K is more than monthly allowed limit. Just check it out.
     
    techGuide1, Mar 22, 2010 IP
  8. linkstrade

    linkstrade Active Member

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    #8
    how can i confirm it??

     
    linkstrade, Mar 23, 2010 IP
  9. linkstrade

    linkstrade Active Member

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    #9
    in fact my paypal ac is limited access but they told me that i can withdrawal my full fund to bank ac.
    still they reversed.

     
    linkstrade, Mar 23, 2010 IP
  10. Bohra

    Bohra Prominent Member

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    #10
    it was limited from before ??
     
    Bohra, Mar 23, 2010 IP
  11. genx20

    genx20 Member

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    #11
    As per RBI regulation the monthly limit is $2500 to avoid money laundering. To withdraw $6000 it will take you 3 months.
     
    genx20, Mar 23, 2010 IP