paypal!! how to withdraw?

@sherwinm (149)
India
January 4, 2010 3:04am CST
hi friends!! i have a paypal account and i am not sure of how to withdraw money from it. i know there are ways to take it out. but which is the best? transferring to bank account or through check? if check, will it reach us properly? and if bank account is it compulsory that we should have a specific account in order to get it or it does not matter in whatever bank we have account we can transfer? please help!
2 responses
@aeroomkar (191)
• India
4 Jan 10
It is best to transfer money to bank account. It will take around 4-7 days depending on holidays. You can also ask for cheque but it will take 10-15 days and few more days to clear the cheque. You can withdraw to any type of account. I have ICICI savings account and I have withdrawn two times with no problem. You can check the banks which are supported in paypal itself. I think almost all major banks in India are covered by PayPal. If you tell me your bank name I will check it.
@sherwinm (149)
• India
4 Jan 10
icici bank is fine with me. but it asks for a code when you request for transfer to bank account. what is that code?
• India
4 Jan 10
Thats NEFT IFSC code. You can get it by calling your bank customer care or visiting your bank branch.
• India
4 Jan 10
No you should enter NEFT code of your branch only. If you have personalised cheque book it will be written on cheque book itself. Or simply call to your customer care.
@marc1025 (67)
• Philippines
5 Jan 10
i suggest that you withdraw the money using a bank account instead because there is a big possibility that if you requested a check it may lost in the mail or might get by somebody else