Good News for Indian Paypal users
By babshish
@babshish (1387)
India
July 31, 2010 12:35am CST
So finally a good news for Indian Paypal users
. They have again resumed the electronic transfers to Indian bank and also have kept the $5 wavier fees for cheque withdrawl until further notice. The mail which came last week about stopping the electronic transfer from Paypal to Indian banks was shock to Indian members but I was confident on Paypal and also mentioned the same in few discussions. And see today we had received the mail from Paypal where they have mentioned that they have resumed the electronic transfer. So cheer up all Indian Paypal members and keep on accumulatin funds in your Paypal account and enjoy.
. They have again resumed the electronic transfers to Indian bank and also have kept the $5 wavier fees for cheque withdrawl until further notice. The mail which came last week about stopping the electronic transfer from Paypal to Indian banks was shock to Indian members but I was confident on Paypal and also mentioned the same in few discussions. And see today we had received the mail from Paypal where they have mentioned that they have resumed the electronic transfer. So cheer up all Indian Paypal members and keep on accumulatin funds in your Paypal account and enjoy.4 responses
@TheKingMan (292)
• India
31 Jul 10
Indians who want to create a Paypal account need to submit their PAN card numbers during registration.
What should they do when they don't have PAN cards? Any idea about that?
@SunnyBuddy (443)
• India
31 Jul 10
You can continue using your paypal account. But however it ont allow you to withdraw your money into your bank account...
@babshish (1387)
• India
31 Jul 10
Well yes they have made it mandatery to keep trak of your income as per RBI. But still you can operate your account and send and receive funds. If you don't have PAN Card, just apply for the same. It is easy and you will get the PAN Card within 3 weeks time. It is always good to have your PAN Card..
.
@SunnyBuddy (443)
• India
31 Jul 10
Thats a good news from paypal... Specially for indians who are trying to earn online. :)
@skkalra (966)
• India
31 Jul 10
Yes, I too have received the mail from Paypal informing this update..Great, India Winns..and its good news for all the Indian Users..
and ..have you noticed, they have still not lifted the refund of USD 5.0 towards cheque requests till further notice..means cheque withdrawl would too be free..
Enjoy...Good Luck
