1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Good News: PayPal India receiving limit from $3000 to $10000

Discussion in 'BlackHat Lounge' started by super11, Jul 29, 2013.

  1. super11

    super11 Senior Member

    Joined:
    Mar 30, 2009
    Messages:
    879
    Likes Received:
    294
    Occupation:
    Full time Online
    Location:
    Home
    I received a limit increase email from Paypal a while ago. I thought it might be a new scam strategy to hack accounts but then I read the same info on DP where others confirmed the limit increase on one thread. So, here is the information.

    Reserve Bank of India has issued notification RBI/2012-13/528, which notifies that receiving limit for export related remittances for PayPal India has been increased from $3000 to $10000, with immediate effect.


    This means you can now receive upto $10000 per transaction in your Indian PayPal account.


    So, get ready to take on some big deals all the Indian buddies . Best Wishes :)
     
    • Thanks Thanks x 8
  2. jp_smith86

    jp_smith86 Senior Member

    Joined:
    Jul 6, 2012
    Messages:
    855
    Likes Received:
    340
    Location:
    DIL APNA PUNJABI
    Home Page:
    O really. It sounds cool to me... Thanks for the information.
     
  3. Nut-Nights

    Nut-Nights Jr. VIP Jr. VIP

    Joined:
    Jun 20, 2013
    Messages:
    3,716
    Likes Received:
    2,110
    Location:
    Buy Website
    Home Page:
    oh thats cool
     
  4. morgan456

    morgan456 Jr. VIP Jr. VIP Premium Member

    Joined:
    Nov 26, 2010
    Messages:
    2,120
    Likes Received:
    248
    Gender:
    Male
    Occupation:
    SEO company
  5. howard_hughes

    howard_hughes Elite Member

    Joined:
    Jul 23, 2009
    Messages:
    5,048
    Likes Received:
    3,684
    Occupation:
    Just Another Digital Marketer!
    Location:
    "Insta Rank"
    Home Page:
    got the same email today :D
     
  6. srb888

    srb888 Elite Member

    Joined:
    Jul 30, 2008
    Messages:
    3,260
    Likes Received:
    5,067
    Gender:
    Male
    Occupation:
    WebzSurfer
    Location:
    Sun, Mon, Tue, WTF, Sat!!! :)
    I too have received that email. :) But I am waiting for PP (and our half-a$$ed, half-wit, bxxxxy stupid g0vt) to lift the barriers on PP spending... How can we be true exporters/merchants if we aren't able to send money or buy anything using PP??? Still the same bloody one-way traffic...

    Everyone can't have the CC facility, and why depend on that risky CC option when PP deposits/balances can help?
     
    • Thanks Thanks x 1
    Last edited: Jul 29, 2013
  7. innosoft

    innosoft Jr. VIP Jr. VIP Premium Member

    Joined:
    Nov 25, 2008
    Messages:
    1,633
    Likes Received:
    639
    Occupation:
    Software Developer, SEO
    Location:
    Office
    Home Page:
    me too just now got it!! but it would be more useful if they allow us to send payment to indian pp holders too.. indian-indian would be more great!
     
    • Thanks Thanks x 1
  8. yogi31286

    yogi31286 Elite Member

    Joined:
    Dec 30, 2009
    Messages:
    1,702
    Likes Received:
    584
    Occupation:
    IMer
    Location:
    Where do you think? BHW :)
    Home Page:
    Yeap, just received :)
    I don't earn that much right now but i'm sure that this will help me in near future :D
     
  9. bulkpvasale

    bulkpvasale Newbie

    Joined:
    Jan 30, 2013
    Messages:
    34
    Likes Received:
    1
    Location:
    Seller of Google Play Developer Account
    Home Page:
    Hi, Last week i received $7000.00 but instantly held the payment show. what kind of error on my paypal or buyer side. I dont know. or New Indian Paypal Member how much received per day ? Please kindly suggestion me..
     
  10. super11

    super11 Senior Member

    Joined:
    Mar 30, 2009
    Messages:
    879
    Likes Received:
    294
    Occupation:
    Full time Online
    Location:
    Home
    Yes, for new account, anything over few hundred dollars will raise alarm bells. No way, a new account can receive
    $7000 without a hassle. So, you will have to fight a bit over here to get that money.
     
  11. hardcorebiker

    hardcorebiker Jr. VIP Jr. VIP

    Joined:
    Sep 6, 2011
    Messages:
    1,250
    Likes Received:
    1,045
    Occupation:
    Digital Marketer
    Location:
    Bangkok, Thailand
    That won't happen as that could lead to money laundering issues. As of now Indian Bank transfer's check each account(Beneficiary) before you could transfer any amount to any person in India.

    And its great that they raised it to $10k.
     
  12. QuantumBlue Bulgaria

    QuantumBlue Bulgaria Junior Member

    Joined:
    Jul 1, 2013
    Messages:
    196
    Likes Received:
    31
    Occupation:
    Web development, PPC Management
    Location:
    Haskovo, Bulgaria
    This is great news that they raised it to $10K. That's a really big raise and it will really be helpful for those making huge transactions.
     
  13. BigBuddy

    BigBuddy Account Under Review

    Joined:
    Oct 6, 2008
    Messages:
    6,421
    Likes Received:
    14,039
    Gender:
    Male
    Location:
    BHW
    But I was receiving more than $3k in one payment for the past few months..Is it officially announced or already implemented on good standing accounts?
     
  14. Nut-Nights

    Nut-Nights Jr. VIP Jr. VIP

    Joined:
    Jun 20, 2013
    Messages:
    3,716
    Likes Received:
    2,110
    Location:
    Buy Website
    Home Page:
    BB are you from INDIA ?
     
  15. rrrmm1015

    rrrmm1015 Junior Member

    Joined:
    Aug 13, 2010
    Messages:
    109
    Likes Received:
    18
    I also received the same mail yesterday.. :)
     
  16. bulkpvasale

    bulkpvasale Newbie

    Joined:
    Jan 30, 2013
    Messages:
    34
    Likes Received:
    1
    Location:
    Seller of Google Play Developer Account
    Home Page:
    Thanks bro..