Should i Withdraw from Paypal?

Discussion in 'Payment Processing' started by jagan1981, Nov 9, 2010.

  1. #1
    I am from India and currently i have got some 2k $ in my unverified paypal account...as New IPOs and FPOs are coming , i want to invest there..But as paypal rate isnt so great..its just within 43Rs...whereas before it was around 45Rs...Will it be wise to withdraw and invest...all these funds i have raised from Filehost only...And i am confused..
     
    jagan1981, Nov 9, 2010 IP
  2. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #2
    Well, better not wait for dollar rate to rise as it might fall more.
    So, withdraw it and don't think about difference of 1 or Rs.2
     
    Digital_shubhi, Nov 9, 2010 IP
  3. jagan1981

    jagan1981 Well-Known Member

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    #3
    Thank you so much for ur opinion...I am withdrawing...Thanks DS.
     
    jagan1981, Nov 9, 2010 IP
  4. achproviders

    achproviders Peon

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    #4
    I would advise against the withdrawal of 2k in an unverified account. It'll trigger an immediate limit on your account.
     
    achproviders, Nov 10, 2010 IP
  5. xpertnet28

    xpertnet28 Peon

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    #5
    As its unverified account you should withdraw it quickly , you might have tough time when you get in trouble and get limited
     
    xpertnet28, Nov 10, 2010 IP
  6. anarxialevan

    anarxialevan Member

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    #6
    +1 agreeee
     
    anarxialevan, Nov 11, 2010 IP
  7. rehash

    rehash Well-Known Member

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    #7
    withdraw, your money are not so safe with paypal
     
    rehash, Nov 11, 2010 IP
  8. alexgreatcpa

    alexgreatcpa Well-Known Member Affiliate Manager

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    #8
    unverified accounts are not safe for more than 500 and for your information you can not withdraw more than 500 USD from your unverified account. you need to verify it 1st before make a request of withdraw of over 500. { if you have not withdrawn any $ from your paypal account yet }
     
    alexgreatcpa, Nov 11, 2010 IP
  9. aethak

    aethak Member

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    #9
    even iam bit confused i am in the same stage try to exchage when its 45 its the max
     
    aethak, Nov 12, 2010 IP
  10. fokerss

    fokerss Active Member

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    #10
    just withdraw is not safe in paypal .
     
    fokerss, Nov 14, 2010 IP
  11. globegenius

    globegenius Active Member

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    #11
    Simple solution is to verify your pay pal account. Then wait for exchange rate to go up before withdrawal. I sell on eBay and I will ship nothing to unverified accounts. Its the unverified people that I do not trust.

    If people do not want to verify their account, I would not touch them with a 10 foot pole. Sends scam alert to me. Trust worthy people have no problem verifying their accounts.
     
    globegenius, Nov 14, 2010 IP
  12. jagan1981

    jagan1981 Well-Known Member

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    #12
    I am going for a Credit Card from SBI today...And get myself verified...The question was ..whether to withdraw or not...i think i will withdraw all the funds as soon as possible....coz if PP will limit my account...it would be a headache...Btw i dont sell or buy anywhere...i only receive payments from file hosts...and i pay bills of my VPS service through paypal.
     
    jagan1981, Nov 14, 2010 IP
  13. EdgeStormMarketing

    EdgeStormMarketing Greenhorn

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    #13
    I couldn't agree more. Withdraw now since the dollar will continue to fall...
     
    EdgeStormMarketing, Nov 16, 2010 IP
  14. yamaha1

    yamaha1 Greenhorn

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    #14
    just verify & withdraw
     
    yamaha1, Nov 16, 2010 IP
  15. dj5230

    dj5230 Member

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    #15
    Totally agree it's easy to get verified and it will save you any hassles
     
    dj5230, Nov 16, 2010 IP
  16. dijualdomain

    dijualdomain Peon

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    #16
    Get verified from virtual credit card, and withdraw after that... thank you
     
    dijualdomain, Nov 17, 2010 IP
  17. #1YoutubeViews

    #1YoutubeViews Peon

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    #17
    Verifying is the best way to go. It removes limits on your account then also :)
     
    #1YoutubeViews, Nov 17, 2010 IP