Resuming withdrawals to bank accounts in india?

India
February 27, 2010 12:34am CST
hey it seems that withdrawals to indian bank accounts will be resumed from this march 1st onwards.thats a good news for us indians.im sure all of the paypal users must have got this information.but my doubt is that has personal payments between paypal been resumed as well.
1 person likes this
6 responses
@rajankin (21)
• India
28 Feb 10
I just checked thepaypalblog.com It says there, that the services should resume from 3rd of march.
@oindy54 (3446)
• India
27 Feb 10
I got their email too today.I am a bit relieved but they still have issues to clear until which we cannot transfer funds to our local bank account.But the way they are trying hard to clear out everything,I am sure normal services will resume soon.Hoping for the best since I already have a fair amount in my account which I would like to withdraw.
@rajankin (21)
• India
27 Feb 10
Where did you get this info? Are you sure about this?
• India
27 Feb 10
its only for the exporters of goods and services have their services resumed. for personal nature, paypal has to sort it out with RBI by complying to the Indian regulations. that is yet to be done. it may take some more time. we have to wait till then. lets hope it will be sorted out soon.
@tluanga (768)
• India
27 Feb 10
paypal needs specific approvals to allow personal remittances to India, which they do not have currently. Until they get these approvals, personal payments into india will remain suspended. So it may not be so soon..
@bnx2212 (713)
• Philippines
27 Feb 10
I'm so glad to hear that everything is settled now. Happy mylotting and earning online.