Withdrawing from Paypal to bank?

[balakalimuthu]

So far I have withdrawn 2 times from InstaForex to PayPal and withdrawn into my local bank successfully. I have verified PayPal account. But I see some fees deducted by PayPal when I receive money from InstaForex. But I prefer for local bank transfer from InstaForex.

[lgarhboularbah]

Now paypal is fully regulated by RBI in india. And if we withdraw through paypal, its liable to tax also. moreover paypal is almost dead in india due to so many regulations. For example we cant keep our money in paypal for more than week and we have to immediately withdraw to our bank account.s and every transaction cant not be more than$500 and so on.

you are right and i want to add that the paypal is work also with th cards the debit and the credit cards so if you have one you can transfer your money in this card and i think the money in those cards the visa and mastercard is very safelly and you can use it wherever and whenever you want

[xiaotanghao]

I do not think it is a so convenient for you to transfer or withdraw money by using Paypal,which is so complcated and cost you so much money once.There are still more for you to choose there,like alertpay and LR there.

[niteshforex]

India main to alertpay ka bhi debit card allowed nahi hain. Insta debit card is good to withdraw but if we are not able to withdraw then it is best way to transfer to paypal and then to bank. It is not a difficult way. Bu t RBI have watch on these transactions.

[m3x_19]

Withdrawing from Paypal to bank?

I have a confusion about Paypal money withdraw to local bank.
As a lots of Forex brokers accepts Paypal. i want to know that if i deposit or withdraw funds from My bank will the bank question me that 'from where the money is coming?'
if yes then what should i say?

In some country, there are possible to withdraw the money from paypal to local bank, with the currency automatically converted to the local bank's currency. The bank would not asking you from where you achieve the money, since its your privacy,..

[vikas]

भारत मुख्य AlertPay का भी डेबिट कार्ड के लिए अनुमति दी नहीं हैं. इंस्टा डेबिट कार्ड को वापस लेने के लिए अच्छा है लेकिन अगर हम वापस लेने में सक्षम नहीं हैं तो यह पेपैल के लिए हस्तांतरण और बैंक के लिए तो सबसे अच्छा तरीका है. यह एक कठिन रास्ता नहीं है. बुउ टी आरबीआई इन लेनदेनों पर घड़ी है.

[forexman]

you have asked a good question which i also want to know as what to say when anyone asked as forex has restrictions in india so any experienced tardes who is earning big money can share here their views and also indian governemnt is stupid to not allow forex trading but they allow option trading which is similar to betting that shows their worst rules on legit way of earning forex is not allowed but option trading where only one side game is allowed

[nilesh]

Paypal now restricted the accounts of indian to large amount so that we cannot place more than $500 in our paypal account if we keep the money for 15 days in the paypal account then that money will get transfered to our bank account after 15 days. The payment system is good. I like paypal if there are no such restriction.

[alam]

meray kehyal sy paypal ke bjay laiberty reserve acha hy us me time or paisy k bachat ho jati hy me to wohi use karta hu or my friends be ap ko b chek karna chiye is ko syad pako suitable lgay.

[nilesh]

main to paypal or bank transfers k chaker main nahi parroun ga main ne to instaforx debit card apply kiya howa ha or us se he withdrw karwaoun ga money baki jo paypal ha es main wese bhi hamrey country nahi ha es waja se ham es ko use he nahi kartey