paypal restores electronic withdrawls into Indian Banks

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in a huge relife to millions of paypal users in india the leading online money transfer company has announced that they can continue to enjoy electronic withdrawls to thier bank accounts as they did before. Earlier, paypal has said that it would stop the electronic withdrawl service to indian bank account with effect from august 1, 2010. the company asked the coustemers to opt for check withdrawl service and also promised to refund the $5 processing fee. paypal sent emailsto all its indian customers with the good news that they can withdraw their money to the respective bank accounts without any hassles. in addition paypal has decided to provide the $5 USD processing fee refund for any cheque withdrawls made from July,2010 until further notice.