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Thread: Fresh Trouble for PayPal India Users

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    Naweed is offline Building the net, brick by brick
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    Fresh Trouble for PayPal India Users

    PayPal has suspended electronic withdrawals for Indian users indefinitely.

    This is new trouble, considering that Indian users have recently recovered from a similar mess.

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    Sorensenp is offline Unknown Net Builder
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    Now thats another bouncer by paypal, thats a very sad thing that we are facing such a problem, now it will take 25 days to withdraw payment. THey are saying from 1st august , i want to know if we withdraw today then can we withdraw in the bank?
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    any problems with cheque withdrawal?

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    Quote Originally Posted by Naweed View Post
    PayPal has suspended electronic withdrawals for Indian users indefinitely.

    This is new trouble, considering that Indian users have recently recovered from a similar mess.
    I can't even receive payments with Paypal, whenever I need to receive money online it's a giant procedure.

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    Naweed is offline Building the net, brick by brick
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    Quote Originally Posted by Aziz View Post
    any problems with cheque withdrawal?
    It takes around 20 days for the cheque withdrawal procedure to complete, if there are no postal delays.

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    Aziz (28 July, 2010)

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    According to PayPal, the problem is due to regulatory instructions. Did the banking rules change in India?
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    Quote Originally Posted by TopDogger View Post
    According to PayPal, the problem is due to regulatory instructions. Did the banking rules change in India?
    That's the same reason, according to them why we cant receive payments at all.

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    Paypal is not guilty..its the Reserve Bank of India..they are the ones who make/break/change the rules every now and then..even the previous issue was caused by RBI policy changes..thats what their support told me..

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    Aziz (28 July, 2010)

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    Sorensenp is offline Unknown Net Builder
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    paypal is now on track, please check updates.
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    bogart (16 August, 2010)

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    Quote Originally Posted by Sorensenp View Post
    paypal is now on track, please check updates.
    India users can do electronic withdrawals right now as you did before.

    Paypal is also providing a refund of $5 USD for users that had requested checks

    http://www.paypal-apac.com/india/

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    Naweed (16 August, 2010)

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