Best way to Transfer Money from PayPal to India Bank account?

[alpha]

Which is the best way?
ICICI charges around 300/- as the transaction fee.
Plus the conversion rates are very low these days. Just around 39Rs/1$.
Do you know any good way to gain more money out of paypal.

[bon300187]

you can go on forums and ask to trade someone. you send them paypal money and they send the money from their bank account to yours. Just be careful of scammers as alot of people dont have feeling and wouldnt think twice about robbing from you

[exculiber]

Transfer your funds to your friend's account which be can widthrawn to his or or her bank (i.e. US based bank) account. Request your friend to transfer the withdrawn funds to your bank account thru a remittance service provider.

[khulja]

Best way to transfer money is to find someone offering personal cash out service with reliable rates but be careful from scammers

[cashtaker]

On my experience, the best way to transact money from Paypal to Indian bank account is Xoom. I have done many transaction using this Xoom.com. They catch up a fee of $8, but it worth for their speed and secure transaction.

Current Exchange Rate:
US$ 1.00 = INR 39.5098

[breddy007]

I tried with Remit2India. This is one of worst service i ever seen. the customer care guys doesnt provide the accurate information, it took 10 working days to reach the money to india. Dont even try with these people

[sam_diva]

I dont think so breddy..i am also using remit2india from last 4 months and its gr8 my family is receiving money within promised time..and if you see their site properly then you come to know you dont even go for customer care guys everything is available online..i will suggest remit2india..if you wanna save your hardly earned money..

God is Great

[myth.maya]

remit2india is providing fastest tracking of transactions. i have also heard that it is providing some services wid paypal ( just heard never tried). i am also using paypal to for transctions to my parents in india but there are heavy charges behind it when we will transfer these funds to bank, but in that case remit2india is much affordable and safe too..

[Siestakey]

hello u can transfer your fund to any goveronment bank because i m doing this for a last 3 years they charges less as compared to private banks....

[prettyimpress]

It seems that you can find an agency online. Of course you must find a reliable one. Somebody told me this is the best way for small quantity money transfer.

[Nameless]

The way to go is sign up PP US with a US address, then get and add a US Bank account.

Then always sign in using a US IP or VPN. It is unfortunate PP can not open its service to all countries.

And as long a it is this way, many will try to find a way around as everyone prefers to pay with PP.

[jason_simpson]

Paypal woes continue for Indian users. Early this year in February, Paypal had completely stopped withdrawals to India, be it for Individuals or Business citing RBI regulations.

However, few days later they had resolved local bank withdrawals for Business users, where the user has to enter something called as Export Code, which would identify that the transaction was for cross-border merchant transactions, and not P2P money transfer.

However, the problems with regulatory authorities in India seem to have re-surfaced and Paypal has stopped Electronic Funds Transfer to Indian local banks. However, cheque withdrawals are still available.

This does put a lot of Paypal Individuals users as well as Businesses in Limbo, as Cheque payments not only take time but also attract some charges. Paypal has also not mentioned anything about whether and if the Electronics Fund transfer will resume.

[Nicktaylor]

Im using virtual credit card to transfer money easily from paypal account to my credit card.It is completely safe and secured compared to normal credit card which can be quite risky to use.

[Nicktaylor]

Im using virtual credit card to transfer money easily from my paypal account to my credit card.It is completely safe and secured compared to normal credit card which can be quite risky to use

[James000]

You can transfer money from your PayPal account to any of your bank account in India directly from the PayPal website.

[James000]

The forum is all the about the transfer of money, I would say that this is too good and this should be continued in order to get the best results.