How to withdraw money using PayPal ?
By moviesnmusik
@moviesnmusik (211)
India
October 2, 2007 6:39am CST
I have account with clixnCash where I have reached minimum payout.
While withdrawing it is asking me to enter account id. So what is that account Id?
Please help me as I am withdrawing for the first time with PayPal ?
And how money from paypal will be credited to my bank accont ?
1 person likes this
7 responses
@kitty1234 (1476)
• United States
2 Oct 07
Your paypal account id is your e-mail address you signed up with. To withdraw money into paypal you have to enter your account id. to withdraw money from paypal to your bak account you have to request a withdrawal on the paypal site. It is very easy and takes about three days before the money goes to your bank. Hope this helps you!
@moviesnmusik (211)
• India
2 Oct 07
Thank you for your response.
I am in India so how much paypal will charge me to transfer money from Paypal account to my bank account.
What is the minimum balance I should have In order to get money transferred to my bank account.
@sedel1027 (17846)
• Cupertino, California
3 Oct 07
I am not 100% sure, but I don't think you can transfer money out of your account to a bank account in India. Unless Paypal changed their TOS, you have to request a check. I believe the smallest amount you can request is $100.
@Lifeless (2635)
• India
4 Oct 07
I have never withdrawn cash from paypal.. I wud be doing it this month as mylot wud be paying me for the very first time.. I think they have an option to either choose bank transfer or request a cheque.. For requesting a cheque they wud deduct $5 as processing fee, and bank transfer is free among all us banks.. Don't know abt other nations.. I wud be requesting a cheque...
1 person likes this
@ssh123 (31073)
• India
7 Oct 07
I had earned around %600 so far in mylot and it was in the instalement of $120, $130 etc. I asked my newphew who is in mighigan to open a paypal account in US and I just transferred the funds there. His parents gave me the Indian rupees here. You can also transfer the funds through bank, but the minimum should be $150. I was told yesterday that the Paypal can transfer the money to your credit card account. That is even better. Check it up with paypal.
@ibsnet (1268)
• India
4 Oct 07
I am from India. I use Paypal for many sites. For India you can't get money deposited in any bank from Paypal. You can only request a check from paypal in your home address and they will deduct $5 for processing fee and you will get the cheque at your home address with 20 days may be more. Then you have to deposit it to your bank. It takes a minimum of 45 days for an international check to cashout after deducting processing fee. This is the actual procedure for withdrawing money from Paypal in India and the minimum amount is set to $150.
The other way you can get money is through xoom.com after deduction of $8 minimum processing fee. They send money to Punjab National Bank the only bank that accepts payment from xoom. Since I have not reached $150 I have not encashed them in either way. But you can withdraw money in through xoom.com anytime even if you have not reached the minimum payout.
I think you visit xoom.com for more details and also contact paypal if you want to learn more in this regard.