I hope,most of the Indian mylotters got message from payPal?

@Baluyadav (3643)
India
February 27, 2010 9:33am CST
hi,Indian mylotters,after the announcement of budget,Indian government has imposed some restrictions on incoming of forien income into India..see the message from PAYPAL.. Resuming local bank withdrawals to India www.thepaypalblog.com.
1 person likes this
6 responses
umadper
@umadper (947)
• India
28 Feb 10
hi,balu,i think many people are worrying on this,ofcourse our's is a small amounts,but there are some upcoming members who are working on net completely as their career and getting bsome bread and butter.hope problem will solve soon...
Baluyadav
@Baluyadav (3643)
• India
2 Mar 10
hi,thank you,umadper,we hope for positive results which is helpful for millions of members.All the best and have a nice time.
Baluyadav
@Baluyadav (3643)
• India
22 Nov 10
hi,thank you for your response and congrats for getting best response tag.All the best and have a nice time.
buchi_bulla
@Buchi_bulla (8298)
• India
27 Feb 10
Even I got the message from paypal. RBI wants to regulate remittances from abroad. On the whole, paypal issue is settled. This will give great relief to many Indians.
vanny
@vandana7 (100302)
• India
27 Feb 10
Setteled to an extent. Not fully. As of now, it is only exporters. Of course, we can qualify as service exporters. Then we need the export code. Presumably, we can come up with export code from exchange control manual of RBI. Then the next thing is convincing the local bank to accept us as exporter. We are not registered exporters so the local bank will have to get its clarifications, and so on. After all these hurdles here, pay pal will deduct much higher amount of commission for trasferring the funds of the exporter. :) So ideally, wait till the storm settles down. Its only a question of a couple of months. :)
tintukm
@tintukm (1102)
• India
1 Mar 10
I would have surely thought that now everything thing has got to end soon,until the paypal responded well for many of the Indians.They have mailed the members regarding their restrictions to be lifted and well the time was not clear,still a relief I guess! when the payments are reversed and remaining money is seeing no way out to the banks, its so sad you know.There's been lot of conformations too saying by March 3 they will be working as usual and with some changes, only for Indians. The Paypal blog was so useful ,isn't, when one doesn't even know when could the problem and issues get out of control and come back on track.Well happy and satisfied to get the updates.
Angelindisguise
@Angelindisguise (378)
• India
1 Mar 10
Hello, Sorry I did not receive any msgs.
Baluyadav
@Baluyadav (3643)
• India
2 Mar 10
hi,Angei,no problem,any how,by this time you might have known all the info on this subject by going through all other's discussions.Have a nice time.
ranjith143
@ranjith143 (210)
• India
2 Mar 10
I have also received the message from paypal. It is a welcome movement from paypal. As i am new earner from online, if the paypal regulate and affiliate with RBI rules, then in future it will be very helpful not only for me but the million of new indian users who have been earning online.
Baluyadav
@Baluyadav (3643)
• India
2 Mar 10
hi,Thats true,ranjith.It will be most encourage,if they allow to draw from our banks...hope it will be happen.All the best and have a nice time.If have interest in some more sites,kindly gothrough my profile for earning[web site] sites.
common_man
@common_man (1799)
• India
27 Feb 10
Hi Balu yadav ji. Thanks for sharing.
Baluyadav
@Baluyadav (3643)
• India
28 Feb 10
hi,thank you friend..any how,it will be solved fully within few days.all the best.