advice Monthly PayPal withdrawal limit India?

[Sam Roy]

Friends, please let me know paypal monthly withdrawal limit for Indian users. What happen if one receives money more than monthly withdrawal limit? Waiting for your response.

 

[anantj]

I believe it is $10000. Not sure what happens if you go over the limit

 

[deez007]

Perhaps you could get a friend/wife/sibling/parent (anyone you can trust basically)

To create a paypal account in their names as well then you can transfer a portion of funds to that account once you reach you monthly limit and then withdraw it from that account.

The only issue with that would be the tax implications for the other person (depending how strict India is with their tax regulations)

 

[Joshh71390]

I think your withdrawal is only to take money out of paypal. I dont think they give you any limits on ammount charged. They would be the biggest losers in that situation, as they would limit their income from every person on paypal.

 

[anantj]

Correction to my earlier post - The limit is $10,000 per transaction.

 

[Sam Roy]

Correction to my earlier post - The limit is $10,000 per transaction.

I am aware of that friend. There is $10000 limit per transaction. What i mean in India there is a system of automatic withdrawal to bank account. Say I receive $10k in my paypal account, how much of that amount will be transferred to my bank account? Some people say the monthly cap is $2500. That is where my confusion is.

 

[DNScholar]

$10000 you can withdraw at once.

 

[dnk]

From where are you planning to receive the money

 

[Sam Roy]

To my bank account. I go answer already. 10000 USD can be withdrawn at one time.

 

[nh-ridah]

Hopefully, this incident could immediately solve