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 Posted:
Wed Nov 21, 2007 5:20 am Post subject:
Paypal for india |
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Hello all,
Paypal has given access to indian bank accounts where we can withdraw our money.
If it is more than 7000 Rs, then we need not pay the fees, else we need to pay a minimum of 50 Rs fees for the transactions. |
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| Posted:
Tue Nov 27, 2007 10:53 am Post subject:
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Yup I came to know of that.
But I dont understand why they did this
If you request your money check (150$) they deduct 5 $ as their charges so in INR 200 for those 150$ and by withdrawal to the indian banks for the same.Why is this |
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| Posted:
Thu Nov 29, 2007 3:29 am Post subject:
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| But how quickly our money gets deposited to our bank account? Any idea? |
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| Posted:
Thu Nov 29, 2007 6:02 am Post subject:
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| shishir wrote: | | But how quickly our money gets deposited to our bank account? Any idea? |
yes it will took about 5 days to max 9 days
but no money will be deducted in your bank a/c
and min. withdraw is only 10$
as i tried it once..... |
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| Posted:
Thu Nov 29, 2007 6:56 am Post subject:
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| smithjjw, are u from India? |
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| Posted:
Sat Dec 01, 2007 10:19 pm Post subject:
transfer to acc. |
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| to transfer the money from paypal to your acc. it will take maximum of 10 days |
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| Posted:
Mon Dec 31, 2007 6:39 am Post subject:
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| smithjjw wrote: | | shishir wrote: | | But how quickly our money gets deposited to our bank account? Any idea? |
yes it will took about 5 days to max 9 days
but no money will be deducted in your bank a/c
and min. withdraw is only 10$
as i tried it once..... |
wow. I know u r from India. but I don't know withdraw is only $10. r u sure about it. |
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| Posted:
Fri Jan 18, 2008 12:57 am Post subject:
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| don't [paypal charged you in india for withdrawing your money. well in my country we are charged $5 and takes 7 days for money to be transferred. |
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| Posted:
Sun Jan 20, 2008 1:29 am Post subject:
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| This good news for Indian members. I was wondering as to how to get that balance in my account because I have few dollars only in my paypal account. Now I think that it will be easier to get the balance easily into my Indian bank account. |
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| Posted:
Fri Jan 25, 2008 9:57 pm Post subject:
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| if you have less than $10 iin your account i dont think you will be able to withdraw your money yet. there is a minimum amount we can withdraw cause withdraw has big charged already. |
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| Posted:
Sun Jan 27, 2008 9:34 am Post subject:
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No but if I have say 30$ in my paypal account then for transferring this amount if I have to spend INR 50 then it is not a big charge.
However, is it necessary that your account should be verified one? |
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| Posted:
Mon Jan 28, 2008 4:53 am Post subject:
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| it is not really wise to withdraw when you still have few money to withdraw cause the charge is big. which is $5. wait first before you withdraw. |
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| Posted:
Mon Jan 28, 2008 6:32 am Post subject:
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| indieover wrote: | | it is not really wise to withdraw when you still have few money to withdraw cause the charge is big. which is $5. wait first before you withdraw. |
well thats true.
we indians will not be charged any fee if we make 190 USD and withdraw.
else we shuld pay them 50 INR.
i have transfered money $195 into account without paying fee |
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| Posted:
Mon Jan 28, 2008 6:35 am Post subject:
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| Devesh wrote: | No but if I have say 30$ in my paypal account then for transferring this amount if I have to spend INR 50 then it is not a big charge.
However, is it necessary that your account should be verified one? |
No Devesh there is no neccessary to have a verified paypal account to withdraw money to your account (30USD). I think charge of 50 INR is okie for this infact I too withdraw money when my account reaches 50 USD mark  |
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| Posted:
Mon Feb 18, 2008 11:15 am Post subject:
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| vimstar2 wrote: | | indieover wrote: | | it is not really wise to withdraw when you still have few money to withdraw cause the charge is big. which is $5. wait first before you withdraw. |
well thats true.
we indians will not be charged any fee if we make 190 USD and withdraw.
else we shuld pay them 50 INR.
i have transfered money $195 into account without paying fee |
is this applicable too to presonal account. or are you just talking about premier account and business.
and it is aplicable to personal account. then they will not earn any thing if we will withdraw when we have $195 in your paypal account. though i will say that i think that we have still charged in personal account. cause we are really free from charged in receiving money from paypal if you are personal account. |
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| Posted:
Tue Apr 01, 2008 12:20 pm Post subject:
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| 195$=7000 INR. So you will not be charged anything for this, But I can't wait for than much long period and I usually withdraw money when I reach 2000 INR mark. Withdrawal below 7000INR we are charged 50 INR(near to 1.5$) and withdrawal of more than 7000 INR we are not charged anything for that. |
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| Posted:
Sat May 03, 2008 3:53 pm Post subject:
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Rs. 50 per withdrawal is too much high fees paypal is taking. I think they should cut sown the fees. And paypal states that it takes 7 buisness days to deposit the money in the bank.
I have a question to ask. What if your account does not support internet banking ? Does paypal funds still get deposited in your account or do you have to order a check from them ? |
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