PayPal balance auto withdrawal has begun

[jase07]

The question is, why they are dong it?

[diablo9975]

as above said yes i also prefer withdraw as soon i get my money in my accounts and if auto then i am more than happy as i not need to check every time... filehosts, bidvertiser, chitika, and others too so i am relax now with auto withdraw but for my current payment from sharingzone it not auto withdraw ... so i withdraw it manually and as the gsk6u said below

^^ Who said we cant withdraw if the balance is below 10$

Here is a screenshot of a dp member

i checked as said above withdraw money that greater than 10$ its ok...
and for money that bellow 10$ no withdraw possible even manually

here is proof for that

[kiddo]

why would anyone want to keep money on paypal account?
i'm manually whitdrawing them as soon as filehost transfer weekly earnings to me.

Its because people usually withdraw when the exchange rate goes up. So say today the exchange rate is 1 USD = 43 INR and you have 100 USD in your account, automatic withdrawal will fetch you 4300 INR

Now after 3 days the exchange rate becomes 1USD = 46INR in that case you will get 4600 INR for the same balance. You get a profit of 300 INR

So it kinda helps many a times when we do a manual withdrawal.

[jooker]

^^^ agree with u

[ProtoWorker]

No matter whether it is above 10 USD or below

[diablo9975]

but not working for me bro... any way good that every one able to withdraw the money without limitation of minimum balance and most important thing is without any fees for that

[Nitish]

I got a payment 2 days ago. Its still there in my account. No auto withdrawal for me. but right now USD to INR rate is quite good

[orbofdarkness]

Hi there,
My Paypal account was auto withdrawn on 14th of this month..But it hant yet been credited to my accnt... tHe status on my account is showing Completed with the Yellow Colour Bar. What does that signify? Please help....

Orb.

[haseeb221093]

The question is, why they are dong it?

because according to RBI any financial institution holding funds for more than 7 days is regarded as a "Bank" and they have to pay interest at % set by RBI and paypal cba with paying interest moniez to indians..

[deejam007]

wtf is pp exchnage rate ???