Even if you transferred your PayPal money to your bank account, PayPal will return (or auto-reverse) all payments to the sender that exceed $500.
Meet a free email newsletter service that is easy to setup and, gives you an option to charge email subscribers a recurring monthly fee through PayPal.
You will neither be able to receive payments into PayPal nor can you withdraw money from PayPal to your Indian bank if the Purpose Code, PAN and bank account details arenâ€™t provided.
If you are based in India and have been using the PayPal service to receive payment from foreign clients and advertisers, hereâ€™s some disheartening news for you.
The Reserve Bank of India has sent a detailed questionnaire to PayPal seeking answers regarding their business in India.
Bloggers, freelance writers, programmers, SEOs, web designers, can withdraw money from PayPal to bank account using a Purpose code specified by the RBI.
This article describes how you can get an Importer Exporter Code in India. All PayPal users need the IEC number to withdraw money to their local bank accounts in India.
PayPal India – Transfer money from PayPal in Indian Rupee to any of your bank account in India. The PayPal transfer to Indian account is free and takes just a week for processing.
When you withdraw money from Paypal in a foreign currency, they will levy a 2.5% conversion fee on the retail foreign exchange rate.