Nov
2007
Withdraw Your Funds to Your Indian Bank Account in Paypal
November 1st, 2007 at 01:06 pm by ashok in GeneralJust received an email, that now Indian can withdraw funds to their bank account directly from paypal, and there is no charges for that if you are withdrawing over INR 7000.
This was much awaited features many Indian were looking. Last month paypal had introduced withdrawl via visa credit card. I used that method previous month it was also convenient. But withdrawl directly into bank is definately most preferred method for many Indian paypal user.
I am just logging in to see how many Indian banks are supported in that.
Update: Following banks are supported :
State Bank of India , Bank of India, Canara Bank, Union Bank of India, HDFC Bank, ICICI Bank, ING VYSYA Bank, UTI Bank, Standard Chartered Bank, HSBC, Citibank are the participating banks.
Technorati Tags: Payapl, Indian bank
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Comments
That is so true. And the best thing about is, its not just India who can now do such transaction with Paypal, so is the Philippines, Malaysia and several other Asian countries. They can either withdraw funds from a US bank account or via credit card.
That’s a good news… Paypal is spanning it’s wings wider
I ve yet to try this service … now i don’t have to waste money using Xoom
Hello Ashok
I am first time commenting you a message. Very Interesting to know that now we Indian can withdraw money from paypal directly into our bank account.
But I am having a problem, mean to say that I only have my account in Bank of baroda and will it be possible to transfer money from paypal to Bank of Baroda.
Please guide me.
And also i am having problem to make any credit card because of lack of documents. In this case what you suggest to do any online transanction.
Please guide me and reply first. If possible mail me personally.
Thank you
Manidip chakraborty
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