@arnold, My name matches exactly in Paypal and bank account. But my business name in paypal is different. The bank I have mapped is personal named account not businees named. Ok! I have a bad news that My second attempt to withdraw money from PP to my Axis Bank savings account is reverted. I lost $32 in this trasaction. Do you see a huge loss without getting anything. Man I am in shock. What to do?
Guys, pls. tell me which bank account you entered? 1. Your personal savings bank account or 2. Business bank account. I don't understand why my payment was reversed twice. I lost $17.5 +$32.67. Pls. help
Oh its terrific now.. I fear if anything such happens with me... Ok just say me what to enter in IFSC code place... I got this from ICICI website for my area's bank... ICIC0000195 So what shall i put????
well for the business account you must have a current account with name of business ask paypal to convert your account to personal or premier account after that you will able to withdraw on your personal name
Hi Pervert, Pls. provide more details on the account type you have added. Suppose my name is Uday Sharma and my business/company name is ABB Ltd. Which account should I add to my paypal account? An account named Uday Sharma or another account in the name of ABB Ltd? Pls. let us know which account you have added? Doyi
Even my first transaction to my bank account was unsuccessful. Actually I did that on 2nd Nov. and till 20 days my paypal status was showing it as completed but as I checked with my bank the money was not there. So I started inquiring with my Bank as well as PayPal. But no answer. At last on 25th Nov. Paypal agent replied to one of emails that I should inform them to initiate a global trace inquiry. For that I had to fax them my bank details. Therefore, I did so and waited till 30th nov. The next day when I checked the amount was reversed to my paypal account with nearly $40 less. plus they took Rs. 250 fees for reversal. During these transaction, the exchange rates were surprising: Main Transaction : $1 = INR 38.08 After reversal : INR1= $0.024849 There was a huge gap both in terms of money and the days of processing. It took a months time for me to know that transaction was unsuccessful. Actually I myself came to know after some days that I actually submitted the old number which I had printed on my passbook just before the core banking comes with new a/c numbering. After this transaction the other transactions with my new a/c number were smoothly done. I got my money in my account in just 2 days.
Personal or premier paypal = savings or current account in own name. Bussiness paypal account = current account in "business name" i.e. current account in name of ABB limited..
Great info. Thanks Mangobyte and crazyboy. Anyone who has wiithdrawn money to their canara bank account?
Doyi have you transfered your money? btw guys, how can i change my business paypal acc to personal paypal account? I have same problem like doyi faced.