PayPal temporarily suspends electronic withdrawal in India, only cheque/check

Just received this email from PayPal:

Longer delays for getting funds from PayPal now

 

Yes just now saw that mail and what the fuck they are planning to make. Now need to think of an alternative.

 

Yes i also received the same. I think we Indians will face more trouble now...

 

OMFG..Not again!

 

I received the same e-mail too.

 

I think paypal is going into 19th century instead of 21st century.

 

Oh... again! Got mail from paypal. Probably we have to stop online business.

 

so sad......

 

they have some bunch of idiots with their company who dont have work to do. so they are assigning cheques distribution to those useless employees to save bandwidth cost in electronic transfer.

 

In accordance with regulatory instructions, we would like to notify you about a change in our withdrawal functionality in India starting on August 1, 2010. At present you can request for either an electronic or cheque withdrawal of funds from your PayPal account if you are an India user.

From July 29, 2010 onwards, you will only be able to request for a cheque withdrawal of funds from your PayPal account.

While we are working hard to restore the electronic withdrawal service, in the meantime, we are bringing this matter to your attention so that you can plan your future withdrawal activities accordingly.
To request for a cheque withdrawal:

1. Log into your PayPal account, click on 'Withdraw'.
2. Click on the 'Request a cheque from PayPal' link.
3. Enter the withdrawal amount and select your mailing address, then click 'Continue'.
4. Click 'Submit' to confirm your request.

In order to help you with this change and until further notice, we will refund the $5 USD cheque withdrawal fee to you for cheque withdrawals made on July 29, 2010 onwards.

For any questions, please log into your PayPal account and click 'Contact Us' at the bottom of the page.

The thing i am most worried is the checks sent in ordinary postal mail are no way secure and takes more than 20 days or so to arrive.

 

yeh me too got this
Change in Withdrawal of Funds from PayPal Accounts for India Users
this is soo bad for us again
indian gvt sucks big time

 

BOY-O-BOY This had to be because of issue with RBI again and their stupid regulations.
All i ask our govt just leave us alone.

This is where paypal asked us to look for updates: https://www.paypal-apac.com/india/

 

How many days does it normally take for cheque to reach after requesting? Is it sent from PayPal US or India or any other location?

 

or may be RBI issue again... I guess RBI...
Same paypal pain twice this year.

 

This is really a big pain in the a**e. Already, Paypal to Xoom-Xoom to Bank was stopped for Indians. Now, what are the options do we have now? :-s

P.S: Are we in some third world country? I'm afraid.

Google, Where are you?

 

what happens if we withdraw today ?

 

I think RBI gave them some more time to get their acts together and when they failed to comply with policies even at the end of first quarter, RBI asked to stop some operations. I guess the day is not far when they'll stop the outgoing payments using PayPal balance for Indian accounts... or maybe suspend everything again ?

 

wtf these guys assumes our money belongs to them

 

Please be reminded that any payments received into your PayPal account from the export of goods and services cannot be re-used for making purchases or any other payments.

where did you get this line. i havent seen this in the mail. That means we cannot pay OUT from paypal! Its a double blow man!

 

Where do you see that line?