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PayPal started Bank Transfers in INDIA

Discussion in 'PayPal' started by Abhik, Oct 30, 2007.

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  1. #1
    Just to let you know,
    PayPal started direct bank deposit here in India.
    Today I was about to withdraw some funds from PP and saw this. Its showing only US and India banks for me.
     
    Abhik, Oct 30, 2007 IP
    Felu, it career, rufh_s and 1 other person like this.
  2. leede

    leede Guest

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    #2
    can i see the link.where you read it
     
    leede, Oct 30, 2007 IP
  3. Abhik

    Abhik ..:: The ONE ::..

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    #3
    Its in the Withdrawl from in PP..
    You can check it there.
     
    Abhik, Oct 30, 2007 IP
  4. leede

    leede Guest

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    #4
    yes i just checked.

    But tthey do not support Kotak.

    I was not able to see the charges also
     
    leede, Oct 30, 2007 IP
  5. deluxdon

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

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    #5
    Their charges are

    Free
    for 7,000.00 INR or more

    50.00 INR
    for 6,999.99 INR or less

    Banks in India
    5-7 Business Days

    Thats really good service for indian paypal users :)
     
    deluxdon, Oct 30, 2007 IP
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  6. FatalError

    FatalError Banned

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    #6
    I just saw it. Its great!
     
    FatalError, Oct 30, 2007 IP
  7. it career

    it career Notable Member

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    #7
    Thanks but where do I get IFSC number for banks?
     
    it career, Oct 30, 2007 IP
    Abhik likes this.
  8. Abhik

    Abhik ..:: The ONE ::..

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    #8
    Yeah.. it is.
    Glad they at last started it. Now, there will be no wait for 25 days to get the check.
    You have to contact your branch for that.
     
    Abhik, Oct 30, 2007 IP
  9. deluxdon

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

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    #9
    I think its SWIFT code

    same as we need to enter in Money Bookers.
     
    deluxdon, Oct 30, 2007 IP
  10. leede

    leede Guest

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    #10
    It really doesn't make sense:rolleyes:
     
    leede, Oct 30, 2007 IP
  11. FatalError

    FatalError Banned

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    #11
    But hey.... you're being watched! I usually use xoom. Transfering money from paypal to my bank account *with xoom* maintained a bit of anonimity, but now with this, you'll have to take special care if you're into cheap tricks to make money online ;) u knw wht i mean!
     
    FatalError, Oct 30, 2007 IP
  12. Abhik

    Abhik ..:: The ONE ::..

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    #12
    No, SWIFT code is different from IFSC Number.
     
    Abhik, Oct 30, 2007 IP
  13. Felu

    Felu Peon

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    #13
    Yes even i discovered it there. Great that Paypal supports Indian banks now.
     
    Felu, Oct 30, 2007 IP
    Abhik likes this.
  14. bobchrist

    bobchrist Active Member

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    #14
    Good news, so who is going to use xoom then?
     
    bobchrist, Oct 30, 2007 IP
  15. kishore415

    kishore415 Well-Known Member

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    #15
    can anyone say me what is this IFSC number,Where can i get it,I have ICICI bank account from India.
     
    kishore415, Oct 30, 2007 IP
  16. leede

    leede Guest

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    #16
    Kotak is missing frm their list.


    And i am not clear abt the charges
     
    leede, Oct 30, 2007 IP
  17. MeetHere

    MeetHere Prominent Member

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    #17
    WOW... great news -- Rocking news :D :D

    Anybody used it ? Hows that ?
     
    MeetHere, Oct 30, 2007 IP
  18. Abhik

    Abhik ..:: The ONE ::..

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    #18
    You have to contact your branch, or you can try googling.
    Will use it tomorrow.. gonna get the IFSC Number for my branch first. :D
     
    Abhik, Oct 30, 2007 IP
  19. Felu

    Felu Peon

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    #19
    If you withdraw Rs. 6,999.99 or less, you will need to pay Rs. 50 as fees. On anything above Rs. 7,000.00, you won't have to pay any fees :D.
     
    Felu, Oct 30, 2007 IP
  20. olddocks

    olddocks Notable Member

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    #20
    You can find IFSC code for Indian banks here
     
    olddocks, Oct 30, 2007 IP
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