Comments on: How to Get an Export Code for PayPal in India

By: Shabbir Bhimani

Shabbir Bhimani — Mon, 08 Mar 2010 18:12:24 +0000

The amount deposited fine into my account today. Its completely back to normal now.

By: Kunal Jain

Kunal Jain — Mon, 08 Mar 2010 10:57:57 +0000

Please check the below link on the Paypal's official blog. They say “Export Code” is different then the “Import Export Code (IEC)”.

https://www.thepaypalblog.com/2010/03/new-bank-…

By: Shabbir Bhimani

Shabbir Bhimani — Fri, 05 Mar 2010 08:06:06 +0000

PayPal Withdrawals are back to Normal and I gave a withdrawal requests and it went through. Hope the amount gets deposited into my bank account in few working days.

Anyone else tried it yet?

By: Shabbir Bhimani

Shabbir Bhimani — Wed, 03 Mar 2010 09:21:21 +0000

No you will not need IEC and see the latest Update I have posted about it.

By: fjjeffries

fjjeffries — Tue, 02 Mar 2010 22:07:33 +0000

I am a freelancer and work with small assignments from home, my transactions do not exceed more than 300 dollars a week. Would I require IEC ?

I also read https://www.thepaypalblog.com/2010/03/new-bank-… where only a purpose code (P0802 -for my kind of services) would be sufficient.

Could you clarify on these please.

Thankyou,

By: smartindian

smartindian — Tue, 02 Mar 2010 21:45:09 +0000

Latest message from MB:
“We would like to kindly inform you that payments between US customers, and US customers and international customers using the Send Money service are not supported according to the Moneybookers policy. Therefore, please note that you will be not able either to receive or to send payments from the 'Send money' section to customers from the United States.”
Does it mean that US clients can't pay us Indians using MB?

By: Shabbir Bhimani

Shabbir Bhimani — Tue, 02 Mar 2010 09:52:09 +0000

Deepak, Thanks for clarifying that and it looks much better now that we do not need to be doing anything related to IEC.

By: Shabbir Bhimani

Shabbir Bhimani — Tue, 02 Mar 2010 09:49:19 +0000

That is because you are owner of that website you are using it. I do not see any other reason other than that.

By: Vinita Kumari

Vinita Kumari — Tue, 02 Mar 2010 00:13:58 +0000

Yes, but that is just the govt. fees. I just sgned up with them, and they are guiding us thru the complete process, including answering my queires to form filling to tracking.
I liked the fact that they are providing instructions on self doing but option to do it thru a person if I need to. I went me them cause I did not know how to make sure my paper work is good

By: Deepak Jain

Deepak Jain — Mon, 01 Mar 2010 22:04:00 +0000

Those import export code thing was a complete misunderstanding by all tech blogs earlier.

Its ‘purpose code’ and not import-export code that you need to withdraw funds to Indian bank account.

Details are here –
http://devilsworkshop.org/indian-paypal-users-need-purpose-code-and-not-import-export-code-to-withdraw-funds-to-their-bank-accounts/