What does SFMS mean?

Discussion in 'Payment Processing' started by rayaan, Nov 19, 2007.

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  1. #1
    I want to withdraw money from my Paypal account to my bank. I just checked my bank's IFRS number on this site, and the bank (Canara Bank) is supported by Paypal's withdrawal facility.

    But the SFMS Enabled column against the branch says "NO."

    What does that mean, and can I withdraw money anyway? Like I said Canara Bank is supported by Paypal. Please don't tell me to ask my bank, they're completely useless about such matters.:confused:
     
    rayaan, Nov 19, 2007 IP
  2. eddy2099

    eddy2099 Peon

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    #2
    Did you click the 'SFMS' on the side of the site you provided ? ie http://www.idrbt.ac.in/infinet/sfms.html .

    This does not seems like a feature which you need to enable Paypal withdrawal, it looks more like a feature you might like to have if you are doing domestic funds transfer.

     
    eddy2099, Nov 19, 2007 IP
  3. rayaan

    rayaan Peon

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    #3
    You're right. It does seem like SFMS has nothing to do with paypal transfers. I guess I'll just try withdrawing a small amount and see how it goes. Thanks!:)
     
    rayaan, Nov 19, 2007 IP