Paypal Withdrawl in form of Cheque

Discussion in 'PayPal' started by needb, May 20, 2009.

  1. #1
    Hi all,

    I want to know is it safe to order a cheque for paypal withdrawal ?
    How many days it will take to reach India and get cleared ?
    I guess PP charges 5$ for it but does It also charge for currency conversion ?

    I've a premier AC and already have lost 10$ as PP fees for receiving fund so don't want to loose more.

    I haven't attached any bank ac to my PP ac yet. Does Uco Bank accepts EFT from paypal ? How to know It accepts ? And what info I need to withdraw frpm PP to my uco bank ac ?

    Doing for first time, so very nervous....:eek:
     
    needb, May 20, 2009 IP
  2. paulnet

    paulnet Active Member

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    #2
    You just need a IFSC code of your branch, just check the CHEQUE LEAF, its written on it, or contact your branch. Just make sure that your name on paypal matches your bank A/c. Cheque from paypal is a long time consuming process. Otherwise open another a/c in SBI, HDFC or ICICI. There service is very fast and your funds will be deposited in your a/c less than 3 days, if everything is ok @ your end. Best of Luck!!
     
    paulnet, May 20, 2009 IP
  3. RightMan

    RightMan Notable Member

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    #3
    You can attach your UCO bank account too and the process is fairly simple.

    As already suggested by a member, you can add a bank account under your profile on PP page and just write in your bank account number along with IFSC code of your bank branch and you are ready to go!!!

    Do remember to double check the account name as appearing in the bank account to be exactly similar to your Paypal account name.

    Regards,

    RightMan
     
    RightMan, May 20, 2009 IP
  4. needb

    needb Peon

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    #4
    @paulnet , RightMan

    Thanks Very much for the info Freinds...Thanks Very Much...

    Seems EFT is better...
     
    needb, May 20, 2009 IP
  5. needb

    needb Peon

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    #5
    I found out name on PP profile should match the name of bank AC's.
    The name on my bank ac is suppose "Mathew Hayden" where as at paypal it is "Mathew H" (the CC I have attached to PP is also like this).

    Will it be accepted or rejected ?
     
    needb, May 21, 2009 IP
  6. EMO_Ralez

    EMO_Ralez Peon

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    #6
    paypal will first send an verification ammount $.xx , $.yy
    if that succeeds your withdrawal succeceeeds, just copy the name EXACTLY as stated on your bankstatements
     
    EMO_Ralez, May 21, 2009 IP
  7. needb

    needb Peon

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    #7
    ^thanks for the reply....I successfully have done it..just waiting for the right time to withdraw :D
     
    needb, May 23, 2009 IP
  8. Hearthrobz

    Hearthrobz Well-Known Member

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    #8

    Its about US banks.Indian banks doesnt need to enroll in such formalities.
     
    Hearthrobz, May 23, 2009 IP
  9. the dopant

    the dopant Well-Known Member

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    #9
    the dopant, May 23, 2009 IP
  10. needb

    needb Peon

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    #10
    ^ Thanks a ton for the info, mate. Ya, i've attached a bank ac and going to withdraw via it.
     
    needb, May 24, 2009 IP
  11. needb

    needb Peon

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    #11
    hi all, got the money in just 2 days....requested on monday morning...when i inquired today, bankers said it already has been received....whoohooooo:D
     
    needb, May 27, 2009 IP