Mar 09 2007
Indian paypal users, check in paypal limit.
Indian verified paypal users. Did you check your monthly withdrawal limits. Suddenly why is this problem coming with many people I inquired with. The withdrawal limit is supposed to be 2500$ per month. It is showing 500$ per month.
Something is wrong perhaps What i think is that there may be some changes in rules of RBI related to foreign transactions. That may be a possible reason. We must contact paypal as soon as possible through email or phone support and ask for clarifications.
Some people had the opinion that there might be some change in rules of Foreign Trade by the Finance Ministry or the RBI. If that is the case then it is really going to be a big problem since there are many thousands of paypal users in India and it is a preffered means for offshore service providers to collect payments quickly and easily from foreign countries. A low monthly withdrawal limit may create a hell lot of problems for many people in India.
Shocking???? Isn’t it?
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This is shame! Me too facing this recently. This is a real big issue.
Do you think Paypal withh attend your call or provide support through Email. I suspect, and I do not know how to overcome this.
The paypal limit issue for sure seems to be a error. I guess we just need to wait and relax for some time.
[...] I has said about the earlier paypal withdrawal issue India’s were facing! [...]
I am also a paypal user. I have no credit card added. Is there any way to overcome these limits with out CC. Some says HDFC ATM will work
Is there anything new on this issue. Besides this, RBI rules requie an exporter to submit FIRC but Citibank does not give a FIRC. So, how do we go about this ?