How to claim money from paypal account.
By neelimaravi
@neelimaravi (1793)
India
10 responses
@mimpi1911 (25464)
• India
16 Jun 10
Hi dear, if you have an Icici or axis or other such bank account things get easier. Just verify your account by providing the bank account number, MICR code and a few more details that you would be guided through. And then you can withdraw the amount. If it's less than 7000 INR they are going to deduct 50INr and if more the transfer would be free.
Feel free to contact me for any assistance and do keep me updated.
1 person likes this
@mimpi1911 (25464)
• India
16 Jun 10
Thanks for asking. Actually it's quite easy. After opening an account with Paypal you need to give your bank details which include your bank account number and MICR code. After this they will verify your account by transferring a nominal amount into your bank account. On receiving the same you need to confirm it to Paypal. And your status changes to VERIFIED and then you get to transfer the dollars to your account.
Hope this helps.
@icegermany (2524)
• India
16 Jun 10
Hi, and sorry to interrupt i am having a query here can you tell me are you from india and do paypal work in india also can we give our indian account number to get verified and get the funds transered in indian account. and what are all the details required to get an indian account verified. please do reply to me and thanks.
@neelimaravi (1793)
• India
17 Jun 10
hi friends, actually i don't have any credit card, i used my husband's credit card, hope in that i can withdraw, ohh, when we complete 7,000 then we can withdraw for fee right. ok but, i don't have that much money in paypal a/c, no problem, i will pay fee and withdraw. thankyou so much for your response, have a nice day.
@yugasini (12893)
• Secunderabad, India
16 Jun 10
hi neelu,
i am happy to see your discussion in mylot,till now i have not also transferred my paypal amount ,how much amount you have in your paypal account,my brother utilized my paypal account for some purpose and given the equal amount to me,i think that you may receive response how to transer the funds from paypal,have a nice day
@yugasini (12893)
• Secunderabad, India
17 Jun 10
hi neelu,
thanks for the response,why you have lost your money for sites,do not invest money in sites,initially i have invested some 600 rupees to a survey site company at Coimbatore,it was not fruitful to me,till then ihave not invested in any company,i have earned more than 80 dollars,next month i will get one more payout,have a nice day
@neelimaravi (1793)
• India
17 Jun 10
wow, that's great, will you please tell me the details, thankyou.
@neelimaravi (1793)
• India
16 Jun 10
hi friend, i have only 20 dollars, i want to transfer to my a/c.. so far so good, even i lost so much money by investing some money to some sites.. so i planned to claim and clear all the a/c's. thankyou for your response, have a nice day.
@Buchi_bulla (8298)
• India
16 Jun 10
Nice to see you after such a long time and thanks for this discussion. Even I did not withdraw from my PayPal account. This discussion will help me and people like me to know about withdrawal from PayPal.
@neelimaravi (1793)
• India
17 Jun 10
hi aunty, how are you. yeah hope so, so many people don't know how to withdraw, really it helps them a lot. thankyou for your response, have a nice day.
@vijayanths (7877)
• India
16 Jun 10
You can transfer money directly from your Paypal account to your bank account by a wire transfer. You need to give Paypal your bank's IFSC code no. and your account no. they will transfer within 3 working days.
Alternatively you can transfer funds to your credit card account too.
@neelimaravi (1793)
• India
16 Jun 10
oh, ok, then what is the min. amount that i can do for this. what is IFSC code no. is it our account no.. or anything else. thanks for your response, hope i will get my answer for my doubt.
@neelimaravi (1793)
• India
16 Jun 10
hi vandana, how are you, oh, really, i don't even that.. ok, i will be sure, about IFSC OR NEFT CODE.. thankyou for your response, have a good day.
@icegermany (2524)
• India
16 Jun 10
i use to only get my bank account verified at paypal and then transfer funds but i havent used other options like credit card or so. you can also get verified the bank account number and tranfer funds and also through cheque. while bank tranfer there is no any fee as far as i know but for the cheque you have some amount of fee. but you can also go through the faqs over paypal to know more.
@neelimaravi (1793)
• India
17 Jun 10
hi friend, yeah, i am planning for that.. thankyou for your response, have a nice day.
@de_toya (2429)
• Indonesia
18 Jun 10
You can withdraw your funds from paypal account directly to your local bank account. Before you withdraw your funds, you have to add your bank account information. To add your bank account in paypal, you need to contact your bank customer service to get the code. They must be know about this code. I found the code for my bank account by searching it in internet. Perhaps you can do it too despite of asking customer service.
@neelimaravi (1793)
• India
18 Jun 10
hi toya, yeah, planning that, but before i apply with credit card only, can we apply again with our bank details, thanks for your response, have a good day.
@neildc (17239)
• Lapu-Lapu City, Philippines
23 Jun 10
i have a verified paypal account for years and have been using it to receive payment from mylot and other online sites that i have. i have linked my credit card before it was banned. but i have two local bank accounts which i can choose to where paypal will send my money once i request for a transfer of funds.
@dorannmwin (36392)
• United States
18 Jun 10
In order to be able to transfer money from your paypal account into your checking account or savings account, you have to link the account to your paypal. Once you've done this you are able to transfer money into and out of your paypal account. This really works well, the only thing that I don't really like about it is that there are times that it takes paypal a while to get the transaction completed into your checking account whereas transferring money into your paypal account is done instantaneously.
@vathsala30 (3732)
• India
18 Jun 10
Hi neelima
Though I too have some amount in paypal, so far i did not transfer them to my bank a/c. and so I do not know about it. Secondly my bank a/c and paypal a/c are not having the same name and this is another problem for me. So thinking of some ways and means to withdraw the money
@vandana7 (100526)
• India
16 Jun 10
I answered this, and so did Life. :) But never mind. :)
You have to first verify your account. Please ensure that the name on paypal account is same as the name on your bank account - exactly. :)
Then you collect the neft or ifsc code whichever one the branch of bank has. :)
Now, you initiate the verification procedure. With 2 dollars. :) Paypal doesnt charge for this. :)
Verification entails sending the two dollars to your account. On confirmation of receipt, paypal sends it once more. Only after that your account is confirmed. Now, you are allowed to transfer amounts. :) I think there is a limit, but it is doubtful our earnings will be that much. :)
I dont remember much of the credit card system primarily because I have not tried that one. :)
Hope this helps.
@neelimaravi (1793)
• India
16 Jun 10
hi vandana, your information is more helpful to me, i will try what you given, thanks again, have a nice day.