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Thursday, April 7, 2011

Bank Withdrawal of Money Disabled for PAYPAL from 1st August 2010

New sad news for Indian PAYPAL users, you can not withdraw money from your paypal account to your bank account via electronic transfer (NEFT). From 1st August 2010 onwards you can only request for cheque for your PayPal money.

If you have still any money left in your paypal account, withdraw it as soon as possible through electronic transfer before 1st August 2010.

According to email, PayPal is working hard to restore the electronic transfer facility for Indian users.

The main problem with check withdrawal is that it will take many days to reach the check at your home, check clearing time for bank is also too much.

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