PAYPAL transfer to bank account, HOW?
By twinklee
@twinklee (894)
India
January 23, 2009 12:13pm CST
[b]Hi friends,
Like I am confused on how to transfer the amount from paypal to bank account.
1Is this mode cheaper than that of getting through checks?2I don't have a bank account, Can I use my family member's? In that case is any verification required?3For each transfer do they charge INR 50?
4What are the other ways to redeem from paypal? (Cheaper though)
5My status in paypal is still un-verified, how do I get it verified?please do help my friends!thank you in advance!!!!!
[/b]
2 responses
@panky99 (35)
• India
26 Jan 09
hey this is very easy way to transfer your earnings from sitesc to your bank account and thats very quick process and very easy and the charges are very less for that only 50 indian rupees if your money to be transferred is less than 7000 and if more than 7000 than it is free of cost and and for that you need only NEFT IFSC number mentioned on your cheque book or you can get it from your bank
@Lemonjelloyum (317)
• United States
23 Jan 09
Open up a bank account & then link it to your Paypal account- then it will be verified. If you leave your account set to Personal- there will be no fees for deposit or withdrawal transfers. I prefer PayPal over Checks- you don't have to worry about the check getting lost in the mail & you receive payments quicker.
I should get an account first! But I have personal account in paypal, so I don't need to pay the transfer fee, right?
You opt for checks, Nice! What about the charges over it, friend? Is that affordable?[/b]@Lemonjelloyum (317)
• United States
27 Jan 09
I do prefer PayPal- it's much quicker & less of a hassal.
& regarding the fees, you can find more information about it in your PayPal account. Basically, with both Personal & Premier accounts- there are no fees for withdrawing & transferring money into your bank account. With the the Personal account, there is no fee for receiving payments from other people, while Premier accounts charge a fee for receiving payments.
I have both type of accounts, I use the Personal account for receiving payments from my GPT sites & the Premier account is for selling on Ebay and such.
