Paypal issue : Can this be the solution??

[harshit143]

actully i dont have a credit/debit card. All the money in my paypal account is standing amount.
My brother lives in USA , so if i ask my brother to make a paypal ID from USA and if i transfer all my funds in that US based ID, will i be saved from that new indian govt. policy for paypal users??

Please reply....

 

[Vasishta.Sushant]

Should work.

 

[Metalspree]

If paypal notices that the account is used from Indian IP they might block the account,better use proxy.

 

[rite]

Nope, I don't think so.

AFAIK Indians can't send payments from their paypal account. They can only receive. Onwards of March 1, that is. I could be wrong, but this is what I think that I have read. I am not sure whether only shopping isn't allowed or sending payments isn't allowed two, because only shopping not been allowed is really difficult for them to implement. So I guess, you can't send payments from your paypal account.

 

[varkey]

Yes you can do that but as Metalspree said don't use the account from India, as they will certainly limit the account if they find too much activity from India. You will have to ask your brother to make payments himself.

Also use Paypal's MassPay option to transfer the money otherwise you will lose a lot of money as Paypal Fees.

@rite : I think the OP wants to move the funds before March 1st to so that he can keep his Paypal balances.

 

[krates]

Yes you can just transfer the amount to your brother PP... And find an alternative to paypal

 

[harshit143]

I just now asked my brother to create a gmail ID and an paypal account from USA and so he did...Now i can easily login that US account from India...

The thing i am thinking of doing is that i will use that USA paypal account to keep the standby money and if i buy some goods from ebay international then i will just transfer that amount to my paypal india ID and use the money....

Just tried to send 1$ to that US ID and WTF....i recieved only 66 cents....how to reduce this cost??

What to do to recieve maximum amount of money and how much %age is deducted when i send payment to US and vice versa??

 

[GuruGulabKhatri]

This Can be a Solution too - STATE BANK OF INDIA :: INDIA's LARGEST BANK

 

[harshit143]

This Can be a Solution too - STATE BANK OF INDIA :: INDIA's LARGEST BANK

Is this thing working or its just a guess that it will work??

--- Updated Post - Automerged ---

ANd guys pls tell how much % is deducted if i send money to US based paypal amount from india and vice versa

 

[Neo-N]

This Can be a Solution too - STATE BANK OF INDIA :: INDIA's LARGEST BANK

Where does it say that it works with Paypal?? Have u used this card successfully with Paypal??

 

[major9]

Yuva Cards used to work in Paypal but not anymore.

 

[varkey]

Is this thing working or its just a guess that it will work??

ANd guys pls tell how much % is deducted if i send money to US based paypal amount from india and vice versa

As major9 said, Yuva card used to work earlier, but now it doesn't seem to be working.

Use the Paypal fee calculator : PayPal Fee Calculator by Ryan Olbe

But I would suggest using Paypal's MassPay feature, the maximum fee per transaction will be only 1 USD.