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PayPal withdrawl to Indian Bank

Discussion in 'PayPal' started by kdsshare, Feb 25, 2009.

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  1. #1
    I withdrew $200 to Indian Bank on 19th Feb and it's showing Completed. I think the transaction was done on 20th. But it's 25th and I still haven't got any funds in my account. Mine is in Indian Bank and the last transaction was done in 2days. I asked the bank manager but he told me that it's upto the co-ordianate bank that's sending the fund. Is there anything that I can do other than waiting ?
     
    kdsshare, Feb 25, 2009 IP
  2. deluxdon

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

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    #2
    If you have entered all info correctly (bank name,your bank account name and IFSC code) then no need to worry about your payment. BTW which indian bank you have used to withdraw funds from your paypal account ?

    DON.
     
    deluxdon, Feb 25, 2009 IP
  3. MayurGondaliya

    MayurGondaliya Well-Known Member

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    #3
    If you have entered the correct bank information then you do not need to worry. Funds should get deposited in the bank account right away once the transfer has been cleared. If there is any problem, funds will be credited back to your paypal account. However, the charge of Rs 250 will be taken by paypal.
     
    MayurGondaliya, Feb 25, 2009 IP
  4. nitinleew

    nitinleew Well-Known Member

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    #4
    Yup,
    Be patient plz..
     
    nitinleew, Feb 25, 2009 IP
  5. theonly1

    theonly1 Active Member

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    #5
    Yes,its delayed,I have 3 transfer pending started on 19th and 20th
    see other post on this
    http://forums.digitalpoint.com/showthread.php?t=1243736
     
    theonly1, Feb 25, 2009 IP
  6. srijaga_cbe

    srijaga_cbe Peon

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    #6
    Hi Don
    There is a bank named Indian Bank:).
    Head office in Chennai. Its one of the old bank in India.
    http://indianbank.in/
     
    srijaga_cbe, Feb 25, 2009 IP
  7. theonly1

    theonly1 Active Member

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    #7
    :confused:

    Wednesday is almost over now and no transfer but I see other people as well now who have not received transfer initiated on Thursday
     
    theonly1, Feb 25, 2009 IP
  8. JayOnNet

    JayOnNet Active Member

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    #8
    Yes, transfer initiated on 19-20 are pending. Bit unusual but as it has happened with lots of people, not to worry. There might be some unforeseen cause. Hopefully, it will materialize in next couple of days.
     
    JayOnNet, Feb 25, 2009 IP
  9. magicworld11

    magicworld11 Well-Known Member

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    #9
    yea me too not received my transaction dated 20th feb till now :(
     
    magicworld11, Feb 25, 2009 IP
  10. theonly1

    theonly1 Active Member

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    #10
    I am holding new transfers Till I got 3 pending transfers!
     
    theonly1, Feb 25, 2009 IP
  11. mechanix

    mechanix Well-Known Member

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    #11
    Yep..There has been an issue for withdrawals initiated on the 19th/20th. I withdrew cash on the 19th and 20th and I'm yet to receive either one. Surprisingly though, I have received money withdrawn on Saturday i.e 21st. Glad to know that I'm not the only one going through this.
     
    mechanix, Feb 25, 2009 IP
  12. magicworld11

    magicworld11 Well-Known Member

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    #12
    Hi,

    You problem is exact like me i also got my sat transaction in my a.c on tuesday in my AXIS BANK A./C but still waiting for transaction dated 19th :(
     
    magicworld11, Feb 25, 2009 IP
  13. theonly1

    theonly1 Active Member

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    #13
    hopefully today
     
    theonly1, Feb 25, 2009 IP
  14. kdsshare

    kdsshare Active Member

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    #14
    Any update guys ? Got your payments in your bank ?
     
    kdsshare, Feb 25, 2009 IP
  15. deluxdon

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

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    #15
    I think you need to update as you have started this thread :p Have you got your money in your bank account ?

    DON.
     
    deluxdon, Feb 25, 2009 IP
  16. sumit1710

    sumit1710 Peon

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    #16
    lol i was expecting good news from thread starter..
     
    sumit1710, Feb 25, 2009 IP
  17. RightMan

    RightMan Notable Member

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    #17
    It would be useful if seniors and experienced members threw more light on the name of the bank to be written while attaching an Indian Bank account.

    Say e.g. The bank is HDFC Bank...do I write HDFC or HDFC Bank or HDFC BANK LTD.?

    The bank is one and the same...but I request which one have you been using successfully without any problem to transfer?

    Regards,

    RightMan
     
    RightMan, Feb 25, 2009 IP
  18. deluxdon

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

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    #18
    I have entered HDFC Bank there in my paypal and using it for withdrawal without having any issue.

    DON.
     
    deluxdon, Feb 25, 2009 IP
  19. RightMan

    RightMan Notable Member

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    #19
    Thanks DON for the clear and prompt answer...
    Wanted to +rep you, but need to spread around before giving it back to you! :(

    Regards,

    RightMan
     
    RightMan, Feb 25, 2009 IP
  20. mechanix

    mechanix Well-Known Member

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    #20
    The weird fact is I recieved money withdrawn on this Monday i/e 23rd and Saturday 21st. But I'm yet to recieve money withdrawn on the 19th. So that indicates, there is a small error on Paypal's part. There have been simillar issues in the past as well. I recollect the same thing happening a couple of months ago.I've pasted the link below.
    http://forums.digitalpoint.com/showthread.php?t=1065621
     
    mechanix, Feb 25, 2009 IP
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