PayPal- Any Idea how it work?

[IdleWild]

Hi guys im gonna get some money from US in my paypal account.I wanted to know if anyone knows the process to get the cheque here and how much do the indian authorities cut on conversion etc etc?
If anyone here is familiar with paypal there inputs would be appreciated.Someone told me to trasfer the paypal money to https://www.cash2india.com/ account and then withdrw it. BUt in this process I would lose around 10$s in fee payment and a wanta cheaper solution.Thanks

 

[Aditya]

Well, the Indian CC companies charge about 1.5 Rs more than the Conversion rate at that time.

I bought some stuff from Online, when 1 USD was 44 INR, my CC company, ICICI, charged me 1 $ = 46 INR. Sneaky bastards.

Paypal is only a Company which records your CC account no. and etc...

normally if youd buy sumthing from online, it would register as name*paypal

or razer*2co or sumthing..

 

[CaaYoTee]

Well as far as i know, when you get money in your paypal account, you have the option to withdraw the money from it thru paypal cheques. For this you have to provide them your full address at the time of paypal signup. They send you the cheque thru post at your address(worldwide) after cutting their commision+cost of shipping... you can get the cheques redeemed at citibank.

But make sure you get your paypal account verified with a credit card to enjoy unlimited usage as there is a limit to withdrawal amount in an unverified account.