Transfering money from paypal to bank account

I am getting my money transferred to my bank account regularly from paypal. There is no problem at all.

I do not have any idea about unverified account, i have verified my acount with my credit card, and also i have get transfered my money from paypal to my bank account, they have time limit of 5-7 days but the very next day i foubnd that i have recieved payment in my bank account and by the way i suggest way to verify your acount by giving credit card that will be help full to you

For this get the IFSC code for that bank branch. Now you have to add that account number with appropriate IFSC code in paypal. After doing that you can transfer money. I have done so.

Dear Ajit, To withdraw your money directly to your bank account you have to add a bank account and confirm it. For that you need to have IFSC code for the bank branch where you have the account. One important thing is that you need to confirm whether that bank is participating in NEFT (National Electronic Fund Transfer). Then only your amount will be transferred. You need not have a verified account for withdrawing. I used to withdraw my money to my ICICI bank account. They transfer within 2 to 3 days to my account. You may further talk to your bank customer services. Thanks http://getmemoneyonline.blogspot.com/

If you had an unverified account, were you still able to get your pay from Mylot? I think you really need to verify that my friend to get the amount transferred to your account. Secondly, if you think the amount you have in paypal is considered more than Rs7K, then you can get that money without deduction, else they will deduct certain amount on your paypal. Third thing you have to do is when you verify your account on paypal, be sure to check your bank online for the 4 code they will give you, this is the code for which you will apply on your paypal account to be verified, hope it helps you a bit.

don't worry ,the paypal is a trusted company ,no matter your account is verified and unverified , But if you want to withrdraw more ,hope you can verify the account!

Even I had a doubt how they will transfer the amount to my local bank account. But, now I am very clear about this... add a bank account in your paypal account, the request a cheque from paypal.. It will arrive you with in 3 - 5 business days...

Hi ajit, i think we discussed this sometime back in detail. You need to give bank details which you will find in your paypal account, and then you can transfer the amount to your bank account. It is fairly simple and there is no charge either for this..

hi... i am from philippines, all you have to do is call your bank for a verification numbers. they can really help you a lot. just like i did. do you have a bank account?

well. since paypal have different policy towards different area. you'd bette tell us which country you are in so we can share our knowledge to you accordingly. here in China we are not allowed to transfer money directly to local bank . only can withdraw by telegraphic transfer but charged high fees. and if your transaction amount is within 500$ per month. it's not needed to verify it before tansfer.

I'm wondering if they can transfer account to all countries , such as TUNISIA? please aswer if you know! Thanks

Before you can transfer money you do have to verify your bank account...usually that means they will make 2 very small deposits to your account and then you have to sign in and put in what they were. then, your account will be verified for unlimited transfers...incoming and outgoing. Good Luck!!

I am new to all these Paypal and mylot. I have registered for a Paypal account and it is unverified too. I do not have credit card. Will I be able to withdraw amount and do purchasing on ebay with it.

Actually, you may just link your credit card to PayPal. In our country, there is a bank that links your bank account to your PayPal account. So that you won't be having difficulties of withdrawing the funds.

Please verify your account. That is the main reason why I can't use my paypal before so most probably you have the same situation. If you still cant use your paypal account you might wanna send an email to them to be sure.

Hi Ajit25, my friend, it is most important that you get yourself verified, otherwise you cant withdraw to your bank account and if you try pay pal will charge you a cancellation fees plus you will loose money in the exchange rate conversion if your account is in a currency other than the USD. If your account is of Indian rupees then you will certainly loose heavy if the transfer is cancelled because you didnt have the paypal account first verified. I am also an indian and regularly withdraw from paypal but i prefer to get paid by cheque. It costs me USD 5 but that is ok . I once tried to withdraw to my bank account giving all details complete but paypal informed me that the bank account information was wrong and so they refunded the money after charging a cancellation fees and in the process i suffered a loss of about Rs 2000/- so i prefer to get a cheque. But after you have verified your account you can try to witdraw to your account as it is free and it comes in 5 days whereas a cheque is received only after a month or so...

Here in the Philippines, Union Bank made affiliations with paypal. Now their E-card makes it possible to withdraw accounts from paypal accounts.

My paypal account is unverified. I do not use my credit card details either. But I have managed to successfully transfer my paypal money into my savings account without any hassles. The fee for transfer is Rs 50.

Hi there! I don't think you have to be verified to withdraw money from Paypal to your local bank account. Verified accounts I think are only for those who has linked their credit cards to Paypal and used it with their transactions. To be sure you can contact Paypal. You can email them about your concern. Hope that helps. Ciao!

I'm curious to know too. I haven't linked it to my bank account yet because I never used it and I don't know if that is just eay to link the bank account and then I can transfer money via paypal.