Paypal related question ?

India
January 14, 2007 11:50am CST
I suppose paypal provides two types of ways of withdrawing money from account with it.One , direct transfer to my saving account or issuing a check and send it to my address . ( I am from India) . Which one should be prefered from my country . I am having some 20 dollars or so amount of moeny in my paypal account . Please advice me in detail .
1 response
@mvsrao (4367)
• India
14 Jan 07
Unfortunately , for Indians Paypal doesnt transfer the money to Indian Bank accounts . we have bank cheque option . The minimum withdrawing amount thru cheque is 150$ . And Paypal fees is 5$ . so after geting more than 155$ into Paypal account , we can ask for a bank cheque . This cheque can be credited to any Indian Bank Account . pls see more details here : http://www.money-transfer.in/paypalindia.html And see also the response by member ssh123 at a related discussion here : http://www.mylot.com/w/discussions/440124.aspx
@Capndon (337)
• India
15 Jan 07
I agree. Paypal only transfers to US bank accounts. Not to Indian accounts yet I guess. Primarily because of Indian laws & rules I think. Best Regards Vinod