Have any of you withdrawn money from paypal to your bank / credit card in India

@pitstop (9785)
India
January 13, 2008 9:24am CST
Paypal added the option for its users to withdraw their paypal balance to either a bank account or a credit card in India. Have any of you used these options? Are they reliable or do the banks create unnecessary charges in addition to the usual charges by paypal. What about in other countries - have any of you had a problem?
1 response
@touchnshine (2821)
• India
13 Jan 08
Hello pitstop Yes paypal finally gave us a option of withdrawing money -- to our local bank account -- I have tried this .. it's reliable .. my bank did not levied any unnecessary charges -- only paypal took the conversion rate like this -- 1 dollar = 38 Rs. though 1 dollar is equal to 39.1500 INR and also there is a condition that if you withdraw less than 6000 or 7000 something -- then Rs. 50 will be deducted otherwise if the amount is more than 7000 then nothing will be deducted.
1 person likes this
@pitstop (9785)
• India
13 Jan 08
Which bank do you use and how long did it take for the transaction?
• India
14 Jan 08
I used icici bank and it took only 2 - 3 working days time for the amount to be deposited automatically to my account.
1 person likes this
• India
5 Apr 08
Thanks for the best response :)