As per a recent news letter sent by PAYPAL to all it’s users in India there are 2 more limitations to be added to Indian account holders. With effect from 1 March 2011, as per the notification of the Reserve Bank of India governing the processing and settlement of export-related receipts facilitated by online payment…
UPDATE: PAYPAL issue resolved on 31st July 2010. Hurrey! we can continue using PAYPAL electronic payment method to withdraw funds to our indian bank account. Paypal is struggling with indian accounts, due to Indian regulations again. Strangely PAYPAL today sent emails to all it’s indian account holders an email saying PAYPAL changed in their withdrawal…
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