Paypal To Bank Account - Verified with VCC

Discussion in 'PayPal' started by The Rock, Jan 16, 2008.

  1. #1
    Hello All,

    I want to withdraw my Paypal funds through bank transfer. I want to know is this possible to get funds through bank transfer in following conditions:-

    1. I have verified my account through VCC
    2. My Name in Paypal a/c is same as in my Bank Account

    How much PP charge per withdrawal?

    Thanks in Advance,
    Rock:)
     
    The Rock, Jan 16, 2008 IP
  2. kdsshare

    kdsshare Active Member

    Messages:
    509
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    80
    #2
    Are you Indian ? If then INR 50 will be charged for withdrawing amount less than INR 7000 and No Fees for INR 7000 and more.
     
    kdsshare, Jan 16, 2008 IP
  3. The Rock

    The Rock Well-Known Member

    Messages:
    2,618
    Likes Received:
    74
    Best Answers:
    0
    Trophy Points:
    138
    #3
    Yes I am Indian.

    Okay, it means 50 rupee fee if less then 7k withdrawal and no fees if more then 7k withdrawal
     
    The Rock, Jan 16, 2008 IP
  4. SEOptimize

    SEOptimize Banned

    Messages:
    182
    Likes Received:
    4
    Best Answers:
    0
    Trophy Points:
    0
    #4
    yes, also it supports many major banks of india. like, SBI, ICICI, HDFC, CANARA Bank etc..
    but IDBI is not there:(, and unfortunately i m having account with them
     
    SEOptimize, Jan 16, 2008 IP
  5. deluxdon

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

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #5
    You just have to add your bank account number properly and IFSC code properly while bank withdrawal for smooth withdrawal. You can find IFSC code on your each cheque leaves or contact your bank branch for the same and they provide you.

    @SEOptimize - Open an account with SBI,HDFC or ICICI because its not that much hard :D
     
    deluxdon, Jan 16, 2008 IP
  6. prudence

    prudence Guest

    Messages:
    347
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    0
    #6
    i also wanna knw abt this my a/c in SBI
     
    prudence, Jan 16, 2008 IP
  7. Anil Pandey

    Anil Pandey Active Member

    Messages:
    367
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    95
    #7
    India seems to be the only country accorded the privilege of withdrawing money directly to your bank account in India.

    Most of the public sector banks along with major private sector banks like HDFC are supported. But please ensure that you put the correct codes otherwise they would deduct Rs. 250/- from the transaction. And it may also put your funds in jeopardy, at least it may take some additional time.

    Overall, it is a good opportunity.

    Anil Pandey
     
    Anil Pandey, Jan 16, 2008 IP
  8. Rohit patel

    Rohit patel Prominent Member

    Messages:
    15,771
    Likes Received:
    735
    Best Answers:
    0
    Trophy Points:
    310
    #8
    Well you can tarnsfer your funds in both of your condition. I have also VCC Verified account since two and half year and I had no problems with PayPal to ICICI Bank transfer. Last was tooks only 48 hours.

    You should withdraw your funds over 7000 INR.
     
    Rohit patel, Jan 16, 2008 IP
  9. Mobifrendz.Org

    Mobifrendz.Org Banned

    Messages:
    320
    Likes Received:
    4
    Best Answers:
    0
    Trophy Points:
    0
    #9
    Is VCC verified accounts going to thrive for a long time for use??
     
    Mobifrendz.Org, Jan 16, 2008 IP
  10. FreelanceFirm

    FreelanceFirm Banned

    Messages:
    1,058
    Likes Received:
    46
    Best Answers:
    0
    Trophy Points:
    0
    #10
    So why don't you go and open up a new account with the major banks? lol :D
     
    FreelanceFirm, Jan 16, 2008 IP
  11. williamjack

    williamjack Notable Member

    Messages:
    2,189
    Likes Received:
    324
    Best Answers:
    0
    Trophy Points:
    225
    #11
    i think this PAYPAL service rocks i got mu funds in my account in less then 3 days. Too fast then normal wire transfer i get from other companies
     
    williamjack, Jan 17, 2008 IP
  12. samlocalguy

    samlocalguy Active Member

    Messages:
    1,297
    Likes Received:
    34
    Best Answers:
    0
    Trophy Points:
    90
    #12
    I used PP to my account 2 times
    and I got my money safely in my account :)
     
    samlocalguy, Jan 18, 2008 IP
  13. getjimmy

    getjimmy Prominent Member

    Messages:
    17,260
    Likes Received:
    1,005
    Best Answers:
    0
    Trophy Points:
    360
    #13
    Yes u can withdraw money to ur bank account even if ur PP is VCC verified.

    Even USA members can withdraw to their bank accounts.
     
    getjimmy, Jan 18, 2008 IP
  14. 28081981

    28081981 Well-Known Member

    Messages:
    1,047
    Likes Received:
    17
    Best Answers:
    0
    Trophy Points:
    150
    #14




    yes i referred a friend to SBI n in half n hour he good the passbook n ATM as well :D

    the best sarkari gesture witnessed by me til date :D
     
    28081981, Jan 18, 2008 IP
  15. eddy2099

    eddy2099 Peon

    Messages:
    8,028
    Likes Received:
    568
    Best Answers:
    0
    Trophy Points:
    0
    #15
    Well that is true, no other country paypal members can withdraw to their Indian bank accounts but they can always withdraw to their local bank account. There are 23 other countries including the US that can do the same.

    However, India seems to be a late comer to have that ability. I am from Singapore and ever since I had my Paypal account years ago, I was able to withdraw to my Singapore bank account.
     
    eddy2099, Jan 18, 2008 IP