For all the UNVERIFIED Payapl account holders - GOOD NEWS !
By msbawangada
@msbawangada (710)
India
June 10, 2007 9:24am CST
I know there r a lot of ppl who will like this info , hehe!
If u r unveifed paypal account holder, n dont have a credit card (this is for non US residents of course) to verfiy it, and still want to tranfer ur money directly in your bank account or want to recieve a check , that too in your local currency, then u can use a site called xoom.com I came to know abt it a few days back, i did my investigation, and found out that this is a reliable source of tranfering money, and this site does enjoy a good reputanion amoung its members.
Here is the way ( I just did it!) :
1. Open a free account.
2. Go to send money option.
3 Fill your personal details details.
4. Select type of paypment ( Bank tranfer or check).
5. Select mode of paypment as paypal.
6. EVEN IF UR PAYPAL AC IS UNVERIIFED, u can send upto $ 100 thru it. Charges are 8 $ flat.
7. You will recieve money in ur local currecny as per the way u have selected within 2-3 business days.
I know some ppl realy want this info, hope this is helful for them, all the bst.
2 people like this
12 responses
@msbawangada (710)
• India
10 Jun 07
yes geez yes! hehe!
i havent tried it, in fact i just requested my money today, so u have to wait for 2-3 days to get confirmation.
ii cam eto know abt this site abt a week back, n i have asked a few freinda bat it, they confiremd it- so the site is for real, u look like a filipino, n yes xoom.com does offers servevie to ur country as well :)
@pixelledsoul (99)
• Philippines
10 Jun 07
geez.. its not for real.. verification for paypal is still needed.. I tried to send money and yet the one that you just mentioned in your post is quite contradictory.
@ranikrishnan (1683)
• India
10 Jun 07
but dont u think the charges are too high, already paypal gets a commision then we have to transfer here and bfore we get the ten $ we will get nothing only a few cents maybe. thts what i feel, but if u think its benificial i want ot here the whole story
@msbawangada (710)
• India
10 Jun 07
for paypal u have to wait for 150 $ to get a check, here its min set at $25. even paypal charges 5 $ for it.
tis will be directly into ur bank a/c in ur local currency, 8 $ is a standard fees, even if u take out 100 $ u will be charged 8 $ for it. so better accumulate a few months mylot earnings,
there r better ways of making online money, i make ard $ 500 from it, in case u need details, add me n i will pm u.
@msbawangada (710)
• India
10 Jun 07
if u tranfer money thru xoom, there will be a standard fees of 8$, payapl wont charge anything separately. sending limit for unverifed paypal a/c holders is $100.
@HimArticles (1137)
• India
21 Apr 08
I am from India. I have no problem in transferring my funds from paypal to my bank account evan I am a unverified member because paypal allow Indians to transfer there money upto $3000 but my actual quarry is paypal allow the unverified members to send money upto $100 now I can transfer only $23 that is my remaining quota of limit, can I send money to some one using xoom more than $23, please explain.
@swatig (1183)
• India
10 Jun 07
yeah, iagree and it is reliable option and can say only option who want to bring the money from paypal to their account. but the advice to accumalated your money in paypal until it reaches some decent level i.e 100$ or 50$ also works coz 8$ is the fee whtever the transcation amt.
This is the option for indians til paypal open his branch in chennai city as i heard this, in jan of this year. but now i think its for promotion sake only.
@msbawangada (710)
• India
10 Jun 07
yup , i also heard abt it a few months back :D
i dont think its that ALL THAt funny, india after all has a BOG online potential :)
@celestial052506 (2914)
• Philippines
28 Jun 08
Oh!! glad to hear this information!!! That's my worry too because I am still unverified. Well, I hope I can withdraw my money from mylot through paypal. But if we have to play $8 for this transaction? hahaha... I have nothing left? Well, anyway, thats for the idea.
@milott (2646)
• India
10 Jun 07
I also heard about xoom.com and got excited very much when seeing that thinking that I can transfer all the amount lying in my account all these days to my bank account but after reading their terms and conditions and FAQs, i saw that they charge some service charge for that and also found out that their rate of conversion from US dollars to the local currency is also very less compared to other services like western union!
But still it is far better to get the amount to your account rather than making it lying in your paypal account for long time without no use. Is there anyone who had done successful transaction with them so far, if yes, kindly post it here, so that we can be certain about them.
@totalguy (563)
•
10 Jun 07
I am verified here in the uk so its no problem for me. if i transfer under $50 or under £50 i would get cyharged i think its only a small percentage fee though. if you transfer over either of htese amounts its free to transfer and it takes upto 10 days (not 2-3) to get into your bank account. i get paid through my business with paypal and i never need to transfger under the above amount.
@touchnshine (2821)
• India
11 Jun 07
Dear msbawangada
Good to see your discussion:) .. a great step towards helping other fellow Indians .. must say you are really talented. Dear paypal will open it's branch in Chennai just for technical purpose .. that doesn't mean that we Indians will be able to withdraw money into our bank account .. I was also very happy with this news when I came to know about it in January .. but all my dreams were shattered when I came to know that the office will be opened for product development and technical reasons.
@amnher (290)
• Philippines
21 Apr 08
Thank you for your guide cause here In the Philippines there are many fellow students like me who has a problem in receiving money from paypal since most of us doesn't have credit card or debit. So its really possible but my question is how about like me who has no bank account and if I choos pickup method, is it possible?and how much
