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PayPal allows to transfer money to your debit card account

Getting a check from PayPal is one of the ways non-us citizens had been using to get money, A good sign now PayPal allows you to withdraw money into your debit card account directly at a minimal charge of 5$ within 5-7 business days..The Debit Cards (also called check cards, ATM cards, or banking cards) are accepted if they have a Visa or MasterCard logo. I discovered this today when I was thinking to get a Check. This is a big news and now it will be easy to get money. I hope Google Adsense also allows this.

Update: Paypal Now Allows to transfer money to Indian Bank accounts ( click to read)

I am not sure which counties have been covered in this but one of help line says

“Members in Argentina, Brazil, Bulgaria, Chile, Cyprus, Estonia, Gibraltar, Iceland, India, Indonesia, Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Philippines, Romania, San Marino, Slovakia, Slovenia, Turkey, United Arab Emirates, and Uruguay, can withdraw funds to credit cards that are withdraw eligible. You should allow 5-7 business days for your funds to post to your card, but may take more time, depending on your bank’s policies”

Here are the snapshots. I am waiting for my debit card which should be coming soon and then I will add it and get my money :D

paypal_debit

Did any of you find this feature available in your PayPal account? Do share with us in comments.

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Posted on 10th October 2007 by Ashish Mohta , A Professional Tech blogger, Editor and Writer who talks about solving day to day problems of people who use computer. He also writes on How to use the applications like Office, PC tips, Online tools,Browsers and more. All posts by Ashish Mohta | Connect with me @ Twitter | Linkedin | Facebook | Stumble

5 Comments »

  • kishore said:

    Hi nice post. pay pal charge $5, its okay. Will my bank charge for it? If so how much they charge? I am having account in AXIS bank.

  • paypalclient 007 said:

    Pay pal Does not allow this service..I called customer service and asked if they do this and they said No not at this time..they recommended that i could get a PAYPAL debit card but it still requires for you to have an existing checking account.
    so in short..paypal will not transfer funds to a second party debit card.

  • nav said:

    I want to know about IFSC code of ICICI Bank. They have provided me the two codes one is NEFT IFSC code – ICIC0SF0002 and other is RTGS IFSC CODE – ICIC0000007

    Which one i will use. ?

  • JOJO said:

    Hey, I want to know why above listed countries accept withdrawing funds to credit card not others? I am based in France, why we can not? Any special reasons? I would like very much to do it, too!

  • Aussie said:

    Now more and more countries have Paypal. This is a good thing that even those asian countries are provided by Paypal. Now more way to transact money through online.

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