Paypal Reverses Bank Withdrawal

Luckily or Unluckily I did a series of withdrawal from Paypal in the Last week of January and Now I stand Like this for all of them

This is the effect of PayPal Halts Personal Payment Transactions From And To India

It does not matter to me too much because Paypal is not one of my main source of income but I am horrified when I think of those (I know) who depend mainly on Paypal.

Update :

I also had a talk with them over phone and they confirmed that we will not loose anything in the Forex Price changes but we may need to wait for few days. Will update here as and when I hear from them.

Update : Feb. 11, 2010

Paypal has credited the corrected amount as correction my Paypal Account. What about you?

Tagged as: News, Paypal

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Further Reading:

1. Auto Withdrawal Option for PayPal In India
2. PayPal to India Withdrawal Fees Waived Off
3. Indians need to add PAN card in PayPal
4. Good News for Indian PayPal Users – Receive Payments Upto $3000 Per Transaction
5. PayPal Still not Compliant With RBI Guidelines