Each Collection through NEFT is charged at Rs. 28.09 ?

assemblerz
Community Member
Hi
I just have come accross an instance where I got charged for receiving NEFT from a buyer. Further I spoke to my bank , who told me that each NEFT transaction is charged at Rs. 25 per transaction + 12.36% Service tax. So you end up paying Rs. 28.09 per transaction to receive a NEFT.

I am just wondering if anyone else got such charge? Is the NEFT of ebay is also charged? If yes we are spending Rs. 225 per month just to receive our own money using the New Paisapay? Is there any way we can go back to old paisapay(DD system) which was free of cost to receive money?
I hope ebay answers this query that is new paisapay free?

Regards,
Rahul
Assemblerz
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Each Collection through NEFT is charged at Rs. 28.09 ?

ufo_big
Community Member
Dear assemblerz
At the outset you should have mentioned which bank has charged Rs. 28.09 for an incoming NEFT transfer. 59 replies were received on your thread but nobody mentioned which bank is charging except ICICI Bank. It appears most banks are not charging the fee. eBay should come out which are those greedy banks and sellers may avoid those few banks
Message 61 of 74
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Each Collection through NEFT is charged at Rs. 28.09 ?

assemblerz
Community Member
I have spent Rs. 196.63 for Nov & Dec 2007 transactions. The Jan 2008 charges will come soon. Now if there is a problem, we face it and get a solution. My solution was to switch to my alternate bank ! I will enjoy the facilities till its free !
No bank is greedy. Its the service for which they charge. RBI gave them option to charge so they are doing it!
I will not name any bank here. For me money via paisapay was coming free, which started getting charged (technically not by paisapay), but by some changes of paisapay.

Hence now the alternate methods seems to be free!
New paisapay has lots of errors. SM is not at all reliable. Items shipped to buyers show as items not shipped. Paid items show as pending. Archive buttons are not working. Also the listing fee credit of items sold on relisting are not credited. The list is long.. But I dont bother. I change according to time.
Message 62 of 74
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Each Collection through NEFT is charged at Rs. 28.09 ?

i am not being charged anything till now. All thanx to God.

Paisapay is a REAL NIGHTMARE NOW.

I can see daily a list of new problems from sellers of ebay india. "Lord, I have done many things wrong. I am guilty, but to show your goodness, forgive me for everything I did. When people choose to follow the Lord, he shows them the best way to live.”
·:*¨¨*:·.God·:*¨¨*:·.Bless·:*¨¨*:·.Us·:*¨¨*:·.All·:*¨¨*:·.
"Lord, I have done many things wrong. I am guilty, but to show your goodness, forgive me for everything I did. When people choose to follow the Lord, he shows them the best way to live.”
·:*¨¨*:·.God·:*¨¨*:·.Bless·:*¨¨*:·.Us·:*¨¨*:·.All·:*¨¨*:·.
Message 63 of 74
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Each Collection through NEFT is charged at Rs. 28.09 ?

cochinmall
Community Member
Hi

I use Punjab National Bank for receiving my NEFT transfers.When I called their customer care,they told that charges would be taken only if the banks are interested to do so.Currently,my bank doesnt charge me and receiving is free.

I think most of the nationalised banks dont charge for incoming transfers.If the bank branches are interested in charging,they do it so.

Regards
Rahul
cochinmall
Message 64 of 74
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Each Collection through NEFT is charged at Rs. 28.09 ?

emailswarup
Community Member
NO COMMENT FROM EBAY IN 3 WEEKS (SINCE 10-JAN). FOR SURE NOBODY IN EBAY CARES ABOUT WHAT WE ARE WRITTING ON BOARD. .
Best Regards 😄
Swarup
Kolkata

.
Best Regards 😄
Swarup
Kolkata

Message 65 of 74
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Each Collection through NEFT is charged at Rs. 28.09 ?

emailswarup
Community Member
Hello,

I received the following mail from ebay customer support.

First of all, my ebay account has never been suspended ( do not know if they are thinking about suspending my account due to my complains on the board ).

As per the reply I have received from ebay, it seems that I am the only one seller in India who is charged with NEFT by his bank.

Just go thru the mails to know how ignorant some ebay peoples have become regarding these discussion boards. No body knows that so many sellers are complaining here about NEFT charges.

Reply received by me from ebay


Hello,

Thank you for writing back to us regarding the suspension of your eBay
account. I will be happy to assist you further.

Swarup, I understand from your mail that you are charged with some fees
when you received amount transferred to your account through NEFT. As
per you the rate is around 25% to 28%. Further I notice in your mail
your concerns on our process, policies and managers role but it is
difficult to understand what exactly are you trying to convery by this,
because online remittance is done to hundreds of sellers which includes
me too and none of the sellers gets charged with the NEFT remittance
fee. So if you are getting a charge on getting money transferred through
NEFT which is free of cost - the problem is at your bank's end and you
should resolve with them. I would request you to re check this because
it seems to be highly impossible that a bank will charge you fee for
receiving your own money and that too at this high rate of 25%. So, I am
sure this will clarify that our policies and our managers comments here
wont make any differences to policies at your bank's end.

Also, I have noticed that you have an account with ICICI bank, so just
sharing my personal experience that I also bank with ICICI - Mumbai
branch and I am not charge with any such fees. I would request you to
get this checked with your branch and please feel free to contact us if
you have any issues.

Your cooperation is appreciated in this matter.

Regards,

Mazher S.
eBay Customer Support

Original Message Follows:
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***********

Form Message: %43323% 060705
D_ID012220081102D_ID/W_ID134781860W_ID/S_ID203S_ID
User Feedback: 127
User State: ?01
Browser info: Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1; .NET
CLR 1.1.4322)
Topics
Message: Dear Joy,
I appreciate your co-operative attitude but there is no solution of my
problem in your reply.
Its a pity to note the dictatorial and illogical attitude of ebay where
the sellers do not have the option even to delay the receipt of payment
when he / she is supposed to pay the NEFT charges for the bank transfer.
In next cycle my due amount may be as low as a hundred Rupees and I have
to pay more than 28/- of NEFT charges for your un called for early fund
transfer. What will your managers say if they have to shell out 25% of
there salary for something they do not want (infact its almost the
entire profit from the sale). Is there any logic behind such impractical
change of rules when you are able to hold the same payment for more than
a month for international transactions ? In India its impractical to
think that RBI will issue any guidelines for such small transactions.
So, may GOD help us or we have to find some other solution to sell
because ebay seems to be thinking only about the big sellers now. Your
founder Pierre's theory that every body can contribute something seems
to have been lost from the memory of your managers. Please convey to
your managers that I understand that its a duty of every person to
increase the profit of the organisation they work for but that does not
mean that to achieve that goal its prudent to make that organisation
irresponsible to its customers.
Lastly, just want to mention that I was a regular seller in ebay India
before the introduction of the listing fees. After that I used to sell
only internationally. Only this month I wanted to sell again in ebay
India but it seems you want to get rid of such small sellers like us.
Hence, from next month I have to stop again. I know your managers do not
bother about such small sellers like us but someday they may find that
once upon a time ebay gained its popularity only due to these small
sellers whose motto was not to cheat the buyers.
Bye
Swarup
Previous Message Follows:
-------------------------


Hello Swarup,
Thank you for writing to eBay. This is Joy.
I truly appreciate your feedback and suggestion for sending the payment
once in a month so that you have sufficient funds to be transferred to
your account.
Although I will be forwarding this suggestion to our concerned team, as
of now the payments would be sent to you only if:
1.Buyers have confirmed the receipt of the items
2.Once the time frame for the buyer to confirm receipt or non receipt
has lapsed.
Hence if any of your transactions fullfill any of the above mentioned
criterias, then the payment would be remitted to you and this cannot be
kept on hold.
I understand that this may not be the resolution you were hoping for,and
can certainly empathize with your position.
However I want to assure you that I have done everything in my power
with respect to this case, while following eBay's guidelines.
I appreciate your patience and understanding in this matter.
Best wishes,
Joy
eBay Customer Support
_______________________________
Protect your eBay account by changing your password regularly. For more
information, please visit the link below:
http://pages.ebay.in/help/newtoebay/account_protection.html
Original Message Follows:
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Form Message: %43323% 060705
D_ID012020081918D_ID/W_ID134563861W_ID/S_ID203S_ID
Subject: GS=C39078 Other PaisaPay Queries [#IN ?01 ]
Member-stated User ID: emailswarup
User Feedback: 125
User State: 01
Browser info: Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1; .NET
CLR 1.1.4322)
PaisaPay > Selling with PaisaPay > Other PaisaPay Queries
Message:

Hello,
First of all, PLEASE DO NOT SEND A PRE-TYPED CASUAL RESPONSE.

Please DO NOT send my PaisaPay payment now because I am awaiting some
more payments shortly hence, do not want to waste money on NEFT charges
of Bank for your early transfer.
As per your notice, PaisaPay payments for International deliveries can
be hold by ebay India for 36 days (10 days for despatch + 21 days for
delivery , though its too short + 5 days for confirmation). So I do not
see any reason why you will not be able to hold my payment for similar
period or at least one month and send me only 1 transfer every month
with all transactions combined. This will save unnecessary NEFT Bank
charges of both ebay and mine.
Please co-operate. Hope you still care about your members and are not
stubborn on your decisions.
Best Regards
Swarup Dutta
Kolkata. .
Best Regards 😄
Swarup
Kolkata

.
Best Regards 😄
Swarup
Kolkata

Message 66 of 74
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Each Collection through NEFT is charged at Rs. 28.09 ?

Hi emailswarup,

We acknowledge that there was an error on part of our customer service executive to mention about suspension of your account. Please be assured that we would never action your account for your comments/suggestions or views on our community boards.

We would also like to assure you that the responses made by our customer service executives were primarily on their personal experiences and general awareness about the NEFT charges. As it is a new discovery for our sellers it is the same on our part as well.

We appreciate your concern on the fee being charged for incoming NEFT by some banks / branches. We have been working on this issue for last few weeks. However you would realize that this is a complex issue as the problem seems to be limited to few banks and in some cases even to few branches of a bank. We are trying to find more about this matter and would update the community in a week's time.

Regards,
Indraneel
Message 67 of 74
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Each Collection through NEFT is charged at Rs. 28.09 ?

emailswarup
Community Member
Dear Indranil,

Thanks for the reply. Hope for the best. .
Best Regards 😄
Swarup
Kolkata

.
Best Regards 😄
Swarup
Kolkata

Message 68 of 74
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Each Collection through NEFT is charged at Rs. 28.09 ?

assemblerz
Community Member
NEFT Charges for 5 transactions in Jan 2008 before I switched to my alternate Bank !!

18-02-2008 Transaction Charges for Jan'08 DR 140.45(INR)
Message 69 of 74
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Each Collection through NEFT is charged at Rs. 28.09 ?

Hi Rahul

It is really surprising to received such NEFT charges information from our Banker.

Whatever the fee are charged by bankers that is to be given a credit by EBAY to our seller account without any further delay.

Seller has to wait for payment for 10 days after actual dispatching of product, there after 3 days to receive payment and another Bank service charge!!

THIS WILL RESULT IN INCREASING OF SELLING VALUE ON EBAY.

NOW HIKE IN PETROL / DIESEL PRICES ARE ALSO AFFECTED THE TRANSPORT SYSTEM, AND THEY WILL INCREASE THEIR FREIGHT CHARGES.

IF THE PRICES ARE ON HIGHER SIDE ON EBAY, IN COMPARE TO OTHER ONLINE WEB SITES, WHO WILL BUY ITEM FROM US THROUGH EBAY.

SO WE REQUEST TO EBAY ADMINISTRATION TO LOOK IN TO THE MATTER AND SOLVE SELLER PROBLEM.

WE ALSO WANT TO TRANSFER IN D/D SYSTEM PAYMENT FROM EBAY.

THANKS

ASHVIN
Message 70 of 74
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