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Can I send and receive money from abroad using paypal?

Mar

6

2011

Is paypal a/c is true to send and receive money from abroad?

In: Finance Questions Asked By: [4 Grey Star Level]
Answer #1


Yes. But you can use western union service for personal transfers.

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Answers Answered By: arupbsk [1890 Orange Star Level]
Answer #2


Paypal is the most widely used and most secure method to send and receive payments online. You can use paypal without any problem. However RBI has made a restriction that maximum transaction can be of 500$ only in Paypal.

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Answers Answered By: Krishnaverma [710 Orange Star Level]
Answer #3


You can make payment from paypal via the registered credit card but not use the balance in your paypal account to make
payments as per new RBI guidelines.

You can get/receive payments upto $500 for each transaction
and need to transfer to your bank account after transaction
is completed.

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Answers Answered By: Sujithsom [222 Blue Star Level]
Answer #4


Yes you can send and receive money from any where by papypal. It is cheap and fast then any other.

Besides it you can also try western Union or Moneygram

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Answers Answered By: maxsteel [114 Blue Star Level]

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