Why do paypal did this to me ?

Discussion in 'PayPal' started by deadlychaos25, Mar 12, 2008.

  1. #1
    7 days ago i added my bank (HDFC India) account to my unverified personal paypal account and transfered 90 $ to my bank account.Next day the transaction was showing completed and i thought now i will get money in next 2-3 days.But Todays when 7 days passed when i logged into my account, Paypal added just 76 $ into my account I got amazed that from where did this 76 $ came when i checked the history i was shocked that the bank transfer got reversed and they took 14 $.
    Here are all the transaction which are reflected in my account

    04-Mar.-2008 Currency Conversion (credit) To U.S. Dollar From Indian Rupee Completed Details $76.43 USD

    04-Mar.-2008 Currency Conversion (debit) From Indian Rupee To U.S. Dollar Completed Details -3,181.92 INR


    I can see this 2 transaction on my account today what does this means ?
    Also here is my bank account transaction which got reversed

    29-Feb.-2008 Currency Conversion (credit) To Indian Rupee From U.S. Dollar Completed Details 3,481.92 INR

    29-Feb.-2008 Currency Conversion (debit) From U.S. Dollar To Indian Rupee Completed Details -$90.00 USD


    Can any one please help me and tell me whats going around ?
    I am totally confused and i want money into my bank account as i am in need of it right now.

    Thanks in advance (REP+ will be added to all repliers)
     
    deadlychaos25, Mar 12, 2008 IP
    wisdomtool likes this.
  2. wisdomtool

    wisdomtool Moderator Staff

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    #2
    Have you checked that your Pay pal registered name is exactly the same as that for your bank accounts?
     
    wisdomtool, Mar 12, 2008 IP
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  3. deadlychaos25

    deadlychaos25 Guest

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    #3
    Ya i checked and the bank account name and my paypal account name are matching.
    Whats the problem then :confused:

    (rep added) Thank you for response.
     
    deadlychaos25, Mar 12, 2008 IP
  4. wisdomtool

    wisdomtool Moderator Staff

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    wisdomtool, Mar 12, 2008 IP
  5. Mixxer

    Mixxer Peon

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    #5
    I have never had such a problem like this. Till date i have made around 10 such withdrawals direct to my HDFC bank account without any problem. Check your account number and the bank's IFSC code. IFSC code can be found on the checkbook that your bank has issued to you :)
     
    Mixxer, Mar 12, 2008 IP
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  6. paulnet

    paulnet Active Member

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    #6
    Double Check your A/c Details with your bank and then match against entry in your paypal A/c. There must be something wrong. If its ok, ask paypal?? Raise your issue?? Hope this helps.
     
    paulnet, Mar 13, 2008 IP
  7. JayOnNet

    JayOnNet Active Member

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    #7
    I think its better to contact the HDFC bank and ask for clarification as per why were the funds not accepted / returned.
    Paypal is very clear in its policy that if funds transferred to bank are not accepted for any reason, it will charge that transaction.
     
    JayOnNet, Mar 16, 2008 IP
  8. J.C

    J.C Peon

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    #8
    3 THings in which you should Clarify..
    1. The Name should be Exactly the same as your Bank Name.
    2. bank's IFSC code - A Must.. Download an excel File and check your Code/Branch.
    3. There must be Something wrong While Writting in some FIELDS,During Widraw
    .
     
    J.C, Mar 17, 2008 IP
  9. pravin4work

    pravin4work Well-Known Member

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    #9
    Hi mate !

    HDFC bank have changed all the account numbers 2 month ago

    you just have to add 0 to all the numbers at left side.

    e. g-> 0-old acc no

    This might be the problem :rolleyes:
     
    pravin4work, Apr 2, 2008 IP