Question about Paypal Withdraw to Bank for India

Discussion in 'PayPal' started by cyber009, Aug 18, 2011.

  1. #1
    I am from India and I have added my PAN Card info on my paypal account. So will I able to withdraw more than 500USD/Month? I have read somewhere that Indian people cannot withdraw more than 500USD/Month. Because this month I will receive more than 500USD from someone and I wanted to withdraw all of money to my bank account.
     
    cyber009, Aug 18, 2011 IP
  2. Card

    Card Well-Known Member

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    #2
    Indians can withdraw more than 500$ per month and you can withdraw 500$ daily.rules stats that Indians can recieve only maximum 500$ in one transacion.If you have to receive 600$ then you have tell to sender to send payments as 500$ and 100$.I hope my answer solves your doubts :)
     
    Card, Aug 18, 2011 IP
  3. fhk_kz5

    fhk_kz5 Member

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    #3
    500$ limitation is still not implemented by paypal so don't worry you can receive more than 500$ in one go.
     
    fhk_kz5, Aug 18, 2011 IP
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    Card Well-Known Member

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    #4
    Yes,you can reciecve now as mcuh as you want in single transaction as still rule is not been implemented :)
     
    Card, Aug 18, 2011 IP
  5. cyber009

    cyber009 Active Member

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    #5
    thank you so much for confirm me :)
     
    cyber009, Aug 18, 2011 IP
  6. Card

    Card Well-Known Member

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    #6
    I recommend you to stay within rules.I mean if you now also slit payment sin two-500$ and 100$ for 600$ payment,it would be good :)
     
    Card, Aug 18, 2011 IP
  7. cyber009

    cyber009 Active Member

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    #7
    so is it fine if i get 495USD payment and later 350USD payment?
     
    cyber009, Aug 18, 2011 IP
  8. Card

    Card Well-Known Member

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    #8
    I mean see Paypal are yet to implement rules so as they have already given us rules procedure so why dont we follow now so I recommend to divide it into -one 500$ payment and other whatever left amount.I follow their procedure as stay professional always in eyes of Paypal:)
     
    Card, Aug 18, 2011 IP
  9. cyber009

    cyber009 Active Member

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    #9
    i could not find anything on paypal :s so i just googled and read this rule:
    so i guess not to receive more than 500USD single transaction is safe.
     
    cyber009, Aug 18, 2011 IP
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    Card Well-Known Member

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    #10
    Yes,you are right.Good Luck :)
     
    Card, Aug 18, 2011 IP
  11. DumpPaypal

    DumpPaypal Peon

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    #11
    hey HOLD ON!
    Incoming limit of 500USD per transaction is a known news (though not yet implemented)
    BUT what the hell is 500USD/day withdrawal you are talking about?

    Does verified accounts too have a withdrawal limit per day or per month or some shit like that?
    darn, if its so!
    KINDLY REPLY who has got the REAL info with a link to support it!

    (I only know that there is a 2500USD monthly limit for withdrawal via cheque. Thats it! Enforced or not..dont know)
     
    DumpPaypal, Aug 18, 2011 IP
  12. Card

    Card Well-Known Member

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    #12
    Hello,
    I am saying that you can withdraw any amount daily. :)
     
    Card, Aug 19, 2011 IP