Thread: Paypal resumes local bank withdrawal in India:

Good news for all those who were very upset with paypals withdrawl from Indian shore.
Today when I opened my inbox got a mail saiying pay pal will resume local bank withdrawl services in India By march 3rd
Paypal in its email said that theye are happy the RBI has allowed them to continue local bank withdrawls for settlement of exports of goods and services.
A notable change in paypal includes the requisition of filling the Export Code in a new field provided, as thiis is in line with Indian law
For personal payments there is no development yet as paypal and RBI are still in discussions.
You might have received a mail too as paypal is sending all Indian users a copy of mail.
For more and complete details check the paypal blog

www.thepaypalblog.com

Surely a good news.