Posted: 24-Feb-10 in Finance by Manish Kumar 2 Comments

Paypal India money withdrawal methods that still works

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So after the Paypal India problem, people are confused how to withdraw money from their personal paypal accounts. So, here I have drafted some working methods to withdraw money from paypal.

* Through Paypal India Check: Paypal money can be withdrawn through Paypal Check in Indian Rupees. The check will take some 20-45 days to arrive in Indian cities and it usually comes in Citibank Check in INR

* Through VCC or CC: If you have savings account in HDFC, ICICI etc, then you can use a VCC generated through your account to withdraw money directly from Paypal into your Savings Account (through the VCC). You can also use a CC in the same manner. It takes some 4-5 days to be reflected into your account and paypal charges some $5 for the process.

* Through Xoom: You can use Xoom to transfer money from Paypal to your savings account in Indian Bank. It takes some 1-5 days for the funds to be available in your account. The Xoom fees can be checked from here.

There are some other options and I will be updating this post ASAP. Please let me know if you know of any other method to withdraw money from Paypal to Indian Bank. Thanks.

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Comments/Queries
( 2 Comments so far )

  • ravi
    Feb 25, 2010 at 01:57:pm

    I tried to withdraw through Xoom but my transaction was canceled.The reason given was that there are now regulatory restrictions for all withdrawals from Paypal. My transaction was on 23-2-2010. Does anybody have any further update about this mode of withdrawal?

  • Ramiz
    Jul 31, 2010 at 03:41:pm

    can we widhtraw money to HDFC vcc have to tested it? let me know i have widhtraw from limited account

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