Indian Mylot members - Local groups to withdraw from Paypal
By mvsrao
@mvsrao (4365)
India
January 2, 2007 7:45am CST
This is specially to Indian members of
Mylot site . I hope that you are aware
of withdrawing methods of our earnings
from Paypal accounts .
pls see the response by member ssh123
on a related topic :
http://www.mylot.com/w/discussions/440124.aspx
and see also this information :
http://www.money-transfer.in/paypalindia.html
Most of us donot hold the US Bank accounts .
And we can request the bank cheque only
after earning more than 150$ into our
accounts .
suppose if we want to withdraw only a
10$ from Paypal account then it would
be not easy to get this small amount .
I'd like to suggest to make local groups
of Indian Mylot users to transfer their
earnings to a single Paypal account to
easily withdraw the money . Later we can
distribute the amount as per our earnings .
The leading person of the local groups
should act with utmost care , honesty
and sinceority . And he/she should give
contact details to the other members of
the local group .
And the local groups can meet occassionally
to discuss regarding diiferent things
related to Mylot and the world ...
* I am waiting for the opinions and the
suggestions by the Mylot co-members .
many thanks in advance ...
1 person likes this
12 responses
@tarachand (3895)
• India
2 Jan 07
I am not sure of the rules, but from what I have seen on your post and the links that you have so kindly put up, we have a double whammy, because, the Indian bank is going to charge us more than 100 bucks (I think SBI is the cheapest here) plus postage etc just as check realization charges, and we loose out in the exchange rate because the buying rate is always lower than the selling rate.
@mvsrao (4365)
• India
3 Jan 07
Paypal sends the amount in Indian Rupees .
The leader of a group distributes the
amount locally as per the earnings .
could you give any better suggestions please ...
@gadheeraj (446)
• India
9 Jan 07
its quite a gud idea,,,,,heyy why nt we start or form a grop...i am frm andhra...n near to hyd....so why nt u take the initiative?i am will b with u
@totalearnings (1603)
• India
16 Apr 07
really appreciate your thoughts and attitude to help others. i do like to volunteer this act honestly. but how far will others believe me or i can considering the collective amount that will be transfered into one account. anyway i am ready to join with honesty.
@ICEICEBABY (3)
• India
3 Jan 07
Hi pls. help....I m new to dis and tried to log into the paypal website mentioned in d payment information section but in vein...Cudn't get through to the paypal site and couldn't register...can u send me a link...or tell me where to do this.
@touchnshine (2821)
• India
28 Apr 07
I appreciate the way you are helping Indians to get their money withdrawal .. but you know what .. being a seller on Ebay India .. I have only heard bad stories from ebay sellers -- that out of 100 sellers only 50 sellers got their payment through Paypal that's y I always keep myself on the safer side -- and use www.xoom.com to take my money :) and I will receive it within 2 - 3 working days time in my bank account .. I don't mind if xoom takes some fees .. atleast I am confident and secured that I will get the payment :)
