3 {{ upvoteCount | shortNum }}
3 {{ upvoteCount | shortNum }}

Withdrawal of Funds from PayPal Accounts for India - Only Checks, No EFT :(

by Deepak Media
2 replies
Got this email today morning. Now direct withdrawal to bank account is not allowed

Old system - get a check and go to bank and put it in the drop box and wait another few days to get credited.

Why do they make it tough for us to do business?

In accordance with regulatory instructions, we would like to notify you about a change in our withdrawal functionality in India starting on August 1, 2010. At present you can request for either an electronic or cheque withdrawal of funds from your PayPal account if you are an India user.

From July 29, 2010 onwards, you will only be able to request for a cheque withdrawal of funds from your PayPal account.

While we are working hard to restore the electronic withdrawal service, in the meantime, we are bringing this matter to your attention so that you can plan your future withdrawal activities accordingly.

To request for a cheque withdrawal:
Log into your PayPal account, click on 'Withdraw'.
Click on the 'Request a cheque from PayPal' link.
Enter the withdrawal amount and select your mailing address, then click 'Continue'.
Click 'Submit' to confirm your request.
In order to help you with this change and until further notice, we will refund the $5 USD cheque withdrawal fee to you for cheque withdrawals made on July 29, 2010 onwards.

For any questions, please log into your PayPal account and click 'Contact Us' at the bottom of the page.

We apologise for any inconvenience caused from this change in our withdrawal functionality. We will provide ongoing updates to you here. We thank you for your attention and patience as we work tirelessly to resolve this situation as quickly as possible.


Thank you,

The PayPal Asia Team
#accounts #checks #eft #funds #india #paypal #withdrawal
  • Profile picture of the author DubDubDubDot
    Originally Posted by Deepak Media View Post

    Why do they make it tough for us to do business?
    Ask your government. They are the ones that did all of this.
    {{ DiscussionBoard.errors[2397517].message }}
  • Profile picture of the author hayden459
    No, its not the government. I think it happened due to some illegal activities by india users. Its not a good news to hear but today morning i also got a mail from paypal saying the same thing. One thing is good about this is that they are not charging the cheque fee for this withdrawal.
    {{ DiscussionBoard.errors[2397551].message }}

Trending Topics