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PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

Hi Guys

Just logged in PayPal and saw that we can now withdraw funds to our Indian Bank account. It includes all major banks like Citibank, HDFC, HSBC, ICICI, SBI, BOI, Stan. Chart. etc.

The most exciting part of the feature is the COST :
Free
for 7,000.00 INR or more

50.00 INR
for 6,999.99 INR or less .

And the processing time is just 5-7 Business days.

It only asks for the IFSC Code and the bank account number and you're done ! ๐Ÿ™‚

Isnt it a great news for all PayPal users ?? I am glad and thankful to PayPal.

Cheers
Meenu :-)



Message 1 of 66
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65 REPLIES 65

PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

Hi all,

The withdrawal of funds to my SBI account was reveresed :_| because my branch was NEFT disabled that I did not knew about it.

When again I withdrew the funds to my HDFC Bank Current account it was cleared in just 2 days. Isn't it amazing!!! :^O

Thanks to PayPal for introducing new withdrawal feature. Now I think we must say good-bye to New PaisaPay for International sales.

Regards,


Message 51 of 66
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PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

Thats great Zaman !



Message 52 of 66
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PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

rolka_no1
Community Member
Hello,

I am new to ebay as well as Pay Pal.

I have registered with Pay Pal and added my bank account it.

I have purchased three items on friday and paid straight away via pay pal.
Do I now have to transfer my funds to Pay Pal account? or does Pay Pal does it for me?
also how long do I have to wait for this to be cleared?

Please let me know?

Many Thanks

Karolina
Message 53 of 66
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PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

lidia_9
Community Member
Hi skygiftworldwide,
I had withdraw my fund from Paypal to SBI A/C. It take 5-7 days. No problem at all.
With Best Regards,
Subrata
Message 54 of 66
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PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

Hi rolka_no1
It will automatically charge it from your Credit Card . You dont need to add funds in your PayPal account.

Meenu :-)



Message 55 of 66
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PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

corsetwholesale
Community Member
Hello,

HDFC bank is best for paypal service. I have A/C in Delhi, it took just 48 hrs. $ rates are fine as well.

For new people : IFSC can get online as well look in google, you have list of bank IFSC from Reserve bank of India.

Good Bye to PaisaPay, Paypal Welcome in India.

Thankyou
SUMAN BHARTI
Message 56 of 66
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PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

surendranath.b
Community Member
Sorry for the intrusion

My transfers to ICICI from paypal have been reversed thrice. Customer service of the bank and paypal have been of no help.

Can you please help.

Thanks in advance
Message 57 of 66
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PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

snrama
Community Member
Hi,

I made withdraw funds to my Canara Bank A/C, Quite faster. I am now using Paypal more. ---------------
With Regards,
Navaneeth (snrama) ๐Ÿ˜‰
---------------
With Regards,
Navaneeth (snrama) ๐Ÿ˜‰
Message 58 of 66
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PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

snrama
Community Member
Hi surendranath.b,

Use Citibank, HDFC or any Nationalised Bank. Make sure that your name of Paypal Account matches your Bank Account Name.

Also, contact your ICICI Bank's Branch Manager and ask why they have rejected payment. ---------------
With Regards,
Navaneeth (snrama) ๐Ÿ˜‰
---------------
With Regards,
Navaneeth (snrama) ๐Ÿ˜‰
Message 59 of 66
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PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

Hi surendranath.b,

Contact PayPal Customer Support and ask for the reason of reversed transaction.

First I had tried to withdraw funds to my SBI account but it was reversed, then I contacted PayPal CS and they replied that my bank is NEFT disabled. Now I am withdrawing funds to my HDFC Bank account without any hassle and within 2-4 days only.

Regards,


Message 60 of 66
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