I am immensely relieved and so too all the Indians who are using paypal to receive funds for their online work or business.
Since they introduced the bank transfer facility to India, the money reaches the bank in a week. And the fee of Rs.50/- if the withdrawal amount is less than Rs.7000/- is very nominal. I don't think any Indian will complaint about this.
I have utilized this facility thrice so far and I am very happy with their service.
With the earlier cheque payment mode, the cheque will arrive three weeks after the withdrawal request creating anxieties.
About 7 years ago, we can receive funds in our paypal but could not withdraw at all.
Thank you paypal.
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