What is paypal? Paypal is the account you can create to buy stuffs online without exposing your credit card numbers or financial information, just provide the online merchant with your email address that you use to create paypal account to pay for it. You can use paypal account to purchase things online or to receive money if you sell items online. Create paypal account in few easy steps
When you use paypal to pay for items online you can choose if you like to pay directly from your bank account or charge it to your credit card that you have on file with paypal. There is no fee to join or open an account.
There are three different accounts you can sign up with paypal:
Free personal account, for individual who use the paypal account to purchase things online. You can receive money from paypal instant transfer or e-check using personal account. There are no fees to receive money or to withdraw money.
If you sell goods online, there is a monthly receiving limit for personal account. You can upgrade your account to premier/ business account to lift monthly receiving limit.
Premier/ business account is for individual or business entity who sell items online. However with this account you pay fees to receive paypal instant transfer, e-check and payment funded by paypal balance.
There are also fees associated with receiving payment funded by credit cards or debit cards for all accounts.
You can create personal account to receive paypal instant transfer to avoid fees and create another premier/ business account to receive payment from your e-commerce store or Ebay auction.
Monday, April 6, 2009
Easier way of transaction of money from pay pal to indian bank account
Now it has become easy to add and indian bank account to pay pal bank account
So that you face no difficulty to withdraw money directly to your bank
t saves you time and gives you faster access to your PayPal
funds! On top of it there is no charge to withdrawal amounts over INR 7000* However if you withdraw an amount less than 7000 they will charge INR 50.
If you do not add credit card to you pay pal account then you can withdraw only 500$ monthly from your account not more then that,or if u add a credit card to your pay pal account then you can withdraw more then 500$ monthly from your
You can withdraw funds by electronic transfer to your bank account. These withdrawals must meet the minimum withdrawal amount requirements.
It can take 5-7 business days to complete this transfer, depending on your bank’s holiday schedule and payment policies.
This is a great feature now in PayPal which will pull down many services like xoom and others who used to charge a lot of transaction.
Login to your PayPal account and click on Withdraw money. Now you will see option of bot withdrawing to an Indian account and us bank account as well. So if you are in America and want to transfer money to any Indian bank, Its a simple process now.
Finally the discussion of transferring money to Indian Debbit cards have to come to an end now
The Listed Indian Banks which are included in PayPal withdrawal list for Indians
1.State Bank of India
2.Bank of India
3.Canara Bank
4.Union Bank Of India
5.HDFC Bank
6.ICICI Bank
7.ING VYSYA Bank
8.Axis Bank
9.Standard Chartered Bank
10.HSBC
11.Citibank
Thank a lot to PayPal for including this for India. Life will be lot easier.
IFSC Code ( Click to get the codes for your bank) which is 11 digit code for the bank. Call the bank people and they will let you know.
So that you face no difficulty to withdraw money directly to your bank
t saves you time and gives you faster access to your PayPal
funds! On top of it there is no charge to withdrawal amounts over INR 7000* However if you withdraw an amount less than 7000 they will charge INR 50.
If you do not add credit card to you pay pal account then you can withdraw only 500$ monthly from your account not more then that,or if u add a credit card to your pay pal account then you can withdraw more then 500$ monthly from your
You can withdraw funds by electronic transfer to your bank account. These withdrawals must meet the minimum withdrawal amount requirements.
It can take 5-7 business days to complete this transfer, depending on your bank’s holiday schedule and payment policies.
This is a great feature now in PayPal which will pull down many services like xoom and others who used to charge a lot of transaction.
Login to your PayPal account and click on Withdraw money. Now you will see option of bot withdrawing to an Indian account and us bank account as well. So if you are in America and want to transfer money to any Indian bank, Its a simple process now.
Finally the discussion of transferring money to Indian Debbit cards have to come to an end now
The Listed Indian Banks which are included in PayPal withdrawal list for Indians
1.State Bank of India
2.Bank of India
3.Canara Bank
4.Union Bank Of India
5.HDFC Bank
6.ICICI Bank
7.ING VYSYA Bank
8.Axis Bank
9.Standard Chartered Bank
10.HSBC
11.Citibank
Thank a lot to PayPal for including this for India. Life will be lot easier.
IFSC Code ( Click to get the codes for your bank) which is 11 digit code for the bank. Call the bank people and they will let you know.
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