This is what i read at a freelance site

Discussion in 'PayPal' started by rahul7281, Aug 9, 2010.

  1. #1
    Good morning.

    I have received an update regarding withdrawals to India. At this time, PayPal has been given approval by regulators to continue transfers to banks in India. We will continue to work to ensure that this functionality continues. However, as we have seen in the past, this could change at anytime depending on decisions made by the regulators. We will provide as much notice as possible if this situation arises. However, at this time, we do not have plans to remove the ability for Indian customer to transfer funds to their bank account.

    I wish I could provide you with a more definitive answer, but this appears to be the best we can hope for at this time.

    Please let me know if you have any questions.

    Sincerely,
    Carolyn Anderson / PayPal Merchant Account Manager
     
    rahul7281, Aug 9, 2010 IP
  2. merlinseo

    merlinseo Well-Known Member

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    #2
    This is very old update, It came on 31st July , Paypal withdrawal functions back again
     
    merlinseo, Aug 9, 2010 IP
  3. rahul7281

    rahul7281 Peon

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    #3
    this is not an old update but rather i just wanted to bring to notice of my fellow dp users that paypal says that the bank withdrawal can stop in future too:(
     
    rahul7281, Aug 9, 2010 IP
  4. olddocks

    olddocks Notable Member

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    #4
    seems to me its a good news :D for all indians.
     
    olddocks, Aug 9, 2010 IP