Paypal Update

India
February 27, 2010 4:48am CST
Hello friends, good news for Indian paypal users atlast RBI allowing Indians to withdraw money to local banks from march 3 with new regulations.But personal payments are remained to suspended for few days.Today i received mail from paypal regarding withdrawls.check out thepaypalblog.com
2 responses
• India
27 Feb 10
thanks for this update my dear friend . i am nearing my first payout and i was worrying about the withgrawal . thanks for the update . it came at the good time too . thank you for the update once again . keep mylotting
• India
28 Feb 10
i m glad u are waiting for ur first payment i was one of you a long time back but inorder for ur paypal withdrawal to work hereafter get urself a IEC (import export code)dont worry its easy and it comes with a lot of tax benefits in order to get a IE code you should have a pancard, current account, and 2a DD for 250 rupees there are a lot of brokers whp cheat in the cities for 1000 rupees be aware if u area resident of chennai u can get one at shastru bhavan for immediate IE code try applying it online you can avoid the above tasks hope i ve been helpful
@chetanvk (211)
• India
27 Feb 10
Wow, So can we withdraw money from paypal to local bank in India? Hey its really great news. I am really happy about this news. Yes i was really confident that one day it will resolve. But never thought so early it will get resolved.