AXIS bank or ICICI Bank or HDFC they are all same. Only HDFC is worst of the lot. All banks are that way and they are not tech savvy at all like you guys are . Your guys should have been highly paid consultants by these banks but do they care!
Just checked AXIS bank again for money transfer initiated on night of 18 FEb but still no funds! Shame !
How shameful is it, we are struggling to get our money from so many days. Almost 12th day is on the verge of ending, still no sign of money. Is paypal hearing us ? At least they should act on it, its not one person, they should know there must be something if so many people complaining. Apart from that our Banking systems they are worst to act smartly.
I also want to clarify that I made two transfers on the night of 18th Feb one was in Euro and one in USD. Both funds are not reflecting in my accounts.
I had made 3 transactions on 19th feb, 21nd feb and 24th feb and I have not received any money in the bank account. Hopefully we all should receive our money by tomorrow. On 19th February, RBI was on strike so no work happened, 20th , 21st were saturday and sunday. 22nd was shivratri so again the RBI was closed.......But then I am writting all this maybe to be hopefull...12 days my god that really speaks of our system and our banks efficiency. Today I was hoping that it would come but.....now i think i better wait for tomorrow as "NEFT is settled in 6 batches at 09.30, 10.30, 12.00, 13.00, 15.00 and 16.00 hours on weekdays & 09.30, 10.30 and 12.00 hours on Saturday". Lets hope for the best tomorrow and A BIG THANK YOU TO ALL THE PEOPLE WHO HAVE BEEN POSTING AS IT FEELS GOOD TO KNOW THAT YOU ARE NOT ALONE.
Its pretty ridiculous, how could RBI staff forget about 19th & 20th clearance and moved on to start from 21st.
Guys, I have a question to you all. Have you had this kind of problem before? I've been using PayPal for the past four years and this is the first time I'm facing this problem. Has anyone got any experience with such issues here? Please share it here.
This one is my first time too! May be some else here have past experience too. I read it somewhere last year in feb too, this thing happened
The same problem was also in October 08, But it was only a delay of 6 days. This time delay period has made another record.
Yes i was one of the victim on last occasion in Oct08 and as magicworld said it was delay for not more then a week but this time!!
Im really pissed this time. Its more than 12 days,no money yet in my HDFC account. Not going to use PayPal anymore. Best is Western Union . Thanks to Western Union..
I have an impression that I can not use "Western Union" in India for Business If that's true we should make a "Small Software developers association Of India" and present our case to RBI and finance ministry to allow easy transfer of Funds in India through WU etc... any takers? If we make a platform like that we can atleast Complain to Higher authorities in India of such problems we face from paypal,banks beside other issue each software developer face.
WU is best a bit costly, but its not the proper way to receive money from abroad for business purpose, WU can be used only to receive funds from our relatives/friends living abroad, just for family expenses etc... MB is very good alternate to paypal but 99% of my clients do not have account with them...
People over here, can any one say me how to contact RBI. The staffs in HDFC bank does not know about Paypal. Its useless to contact them. Is it possible to get RBI reference number for the transaction?
Well, I am not sure If, RBI can update us, until we provide them transfer ID, which paypal have to provide us. I am myself not sure,whats the best way though!
Even I was thinking of this though I am not a software developer but an exporter. I use paypal very frequently. When things go smoothly it is alright but once in a while something really irritating just happens and spoils my whole bloody mood.
The major thing is you feel annoyed, when no one is damn caring about this. Paypal hasn't acted yet and no convincing reply to anyone.
Paypal should show NEFT reference number in the payment detail page. Becuase if its our concern after making withdrawal then we should know reference number.