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PayPal To Restore Bank Withdrawal Service In India On March 3rd

We have been diligently working with the RBI and our business partners to resume Indian bank withdrawals for the thousands of Indian businesses who use PayPal to sell their goods or services in the global marketplace.

I’m pleased to tell you that the RBI has now allowed us to resume bank withdrawals for settlements for exports of goods and services. We are currently making changes to comply with Indian regulations for settlements for exports of goods and services, and we anticipate that as of Wednesday, March 3rd, we will be able to resume the bank withdrawal service.

Read PayPal To Restore Bank Withdrawal Service In India On March 3rd

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posted by S A J Shirazi @ Saturday, February 27, 2010,

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