Stupid HDFC bank Reversing all of my Money :(

Hi there..
I had 3-4 withdrawals from 21st october to 28th October ranging from 600 - 1500$ each..

And now after so many days, I still dint get anything on my bank account.
Then I looked on PayPal, it says, REVERSED.

And funds were added on my paypal with huge deduction of stupid fees.

I dont understand, why they were reversed.
SBI works fine and ICICI too.
But HDFC is reversing it all.


And also, I noticed a f**king thing in PayPal.

When the money is getting reversed, there should be a notification email, but there is nothing and no one knows, whats going on at PayPal.

Its so irritating. I hate PayPal now and HDFC also. I will kick HDFC on monday and will open an account at CitiBank.

 

Hi Don..

yeah, I have this same account since 3 years. I have withdrawn xxxxxxxx figures through this same account. But now, its reversing. I dont understand, whats going on man

 

Paypal reverses the payment when there is some kind of mismatch of information submitted by you to paypal and to bank (usually). Just cross verify that everything is okay. And if the problem persists then contact HDFC.

 

did u contact hdfc for clarification? I regularly use my citibank acc for withdrawal without prob but i was actually thinking of trying it with hdfc also ... may be a one off case ... its better to ask the bank or may be paypal too...

 

very strange!! if all the a/c info is right then it should go right into your bank a/c. Enquire them the reason?? or otherwise direct them to reverse the charges.

 

Go contact some HDFC manager and ask him whats wrong

 

Also u can call up paypal ask them the reason for reversing.

 

I'll tell you whats wrong. You entered either of the following details wrong:

- Account Holders Name
- Bank Account Number
- IFSC Code

The withdrawal was reversed to protect you.

 

I'd like to hear if he withdrew funds from the same PayPal account to that HDFC Bank acc. Also whether he deleted and then had to re-add the account?

Another Reason I can think of is that the paypal account had a negative balance due to dispute/charge back because of which bank withdrawals were reversed. It has happened to me once.

 

I don't think there is any problem from HDFC as I got my money just yesterday without any problem.

- Digital -

 

Once amount is credited in your bank account it can never be reversed !!!

 

you should probably contact the bank as paypal is quite slow in all this stuff.

 

I guess the problem is with the bank and not with paypal/ You should check out the particulars at your bank mate!!

 

Hdfc, is good. if there were some transactions in the past., why does this happen this time... they are pp and hdfc over seduced? shoot them.

 

That's frustrating.Contact HDFC as soon as posible.Good luck!

 

I am also using HDFC from last 5 years and last year same problem with me they Freeze my account as I Transfer huge Money then I have to submit some documents and now all ok. You have to contact Bank Manager.

You have Personal or Current(Business) account

 

now that is scary ! call your personal banker at HDFC if you are a classic customer and ask him what is going on ? may be PayPal is doing some kind of investigation on the funds !