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You have asked a good question that I also want to know what to say when someone asks because forex has limitations in India so that every experienced tardes who make big money can share their views here and also the stupid Indian government not to allow forex trading but they allow trading options that are similar to bets showing their worst rules on how to get legitimate foreign exchange is not permitted but option trading where only one side game is allowed
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The bank will never investigate your internal affairs. When you will withdraw or deposit money into your bank account via paypal, they will only care about commission fees..
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Yes, I also feel Paypal is a good choice to get money into our account. Even though I haven't withdrawed money to my paypal account from a trading account, I have a good experience with them. Whatever money goes to Paypal, the money will be withdrawn automatically to our bank account which is attached in 3 days. and if I understand your problem, I think you are afraid you don't know what to say to the local bank broker if you ask the question: where did the money go? The answer is that it is easiest for you to say that it comes from the foreign exchange market and I don't think that the bank will not have enough knowledge in this matter, but if you have to lie.
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withdrawing from paypal to the bank is an easy thing 1-2 years before. but now paypal has implemented strict rules and they provide headaches to withdraw funds by requesting documents. so I think it's better not to use paypal for bank transfers. And for me PayPal doesn't support my country, Egypt, but I think it's better to attach your paypal account on your visa card or master card than attach it to your bank account.
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You can use e-currency exchangers via the internet so that they can directly exchange your paypal with cash into your bank account. I think it's not a bank's business to ask you if you receive your money. because of that they have to be happy to see their clients receive money because they can also get it and Paypal is now limiting large amounts of Indian accounts so we cannot place more than $ 500 in our paypal account if we save money for 15 days on a paypal account then money it will be transferred to our bank account after 15 days. The payment system is good. I like paypal if there are no such restrictions.
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It is not a difficult task to withdraw cash through paypal to a bank account. All we need to do is attach our bank account and then make a bank transfer. They will charge a certain amount to us then after 7-11 days we will get our money in our bank account. and you can use e-currency exchangers via the internet so they can directly exchange your paypal with cash into your bank account. I think it's not a bank's business to ask you if you receive your money. therefore they must be happy to see their clients receive money because they can also get it.
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This is a matter of deep sadness that paypal does not support our country. for this reason we need to face many problems. but we can get money at our local bank by paying aleart. Aleart's payment rate is high rather than paypal. and one of my friends still uses paypal to get money withdrawn to his bank account through his paypal id. but I have never liked PayPal since the beginning. they always have problems with Indian users. and their fees are too high which makes me fall in love with other electronic currencies such as LR, AP, etc.
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yar yahan main rahata hoon whan main paypal sa apne money transfer nahi kar sakta hoon es aya main apna money transfer kana ka lya obht zada to nahi lakin main liberty reserver ko used karta haoon es laya to main trading main sirf or sirf liberty reserver ko used krata hoon....
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Dear withdrawal from pay pal to bank has become easier now a days, pay pal have no charge to withdraw except currency conversion charges that you need to pay. And yes as per pay pal policy if you dont withdraw your pay pal earning pay pal may automatically send it to your bank.
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Because I think that withdrawing from paypal to storage is like an easy attribute 1-2years before. But now PayPal has implemented demanding rules and they provide subjects who understand to stop assets by requesting documents. so I imagine it doesn't use paypal for financial movements. and Withdrawals from paypal to banks have now become easier, paypal has no fees to withdraw except the cost of currency conversion that you have to pay. And yes according to paypal policy if you do not withdraw your paypal, paypal you can automatically send it to your bank.