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..
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
I would advise against the withdrawal of 2k in an unverified account. It'll trigger an immediate limit on your account.
As its unverified account you should withdraw it quickly , you might have tough time when you get in trouble and get limited
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 { if you have not withdrawn any $ from your paypal account yet }
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.
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.