{"id":3841,"date":"2009-04-25T12:42:07","date_gmt":"2009-04-25T12:42:07","guid":{"rendered":"https:\/\/www.amitbhawani.com\/blog\/?p=3841"},"modified":"2009-04-25T12:41:00","modified_gmt":"2009-04-25T12:41:00","slug":"convert-paypal-usd-to-inr-withdraw","status":"publish","type":"post","link":"https:\/\/www.amitbhawani.com\/blog\/convert-paypal-usd-to-inr-withdraw\/","title":{"rendered":"Convert Paypal USD to INR &#038; Withdraw Money"},"content":{"rendered":"<p>Hi Amit , i have money in Paypal inform of $(dollar), and i want to transfer that money in my bank account so what i have to do? How can i convert USD$ into Indian Rs? &#8211; Mohan<\/p>\n<p>In order to answer this question first of all you need to let me know with the <a href=\"https:\/\/www.amitbhawani.com\/blog\/paypal-account-types\/\">type of paypal account<\/a> you hold , because paypal offers different options based on account type. Anyway since you are looking for the Indian Rupees Conversion Rates and withdrawal the services are all accounts is same.<\/p>\n<p>If you check out the Paypal.com User Account Area , under withdraw you will be finding 3 different modes of withdrawal ie &#8211;<br \/>\nWithdraw funds to your bank account<br \/>\nRequest a check from PayPal<br \/>\nWithdraw funds to your card<\/p>\n<p>1. Withdraw Funds to your Bank Account &#8211; This seems to be one of the best ways to withdraw money to your bank account. The funds are normally transferred to us within 4-6 business days and there are no withdrawal charges unless you withdraw less than 7000Rs at a time and get charged only 50Rs withdrawal fees. In this system you need to Add a Account of your Bank which is able to recieve payments in Indian Rupees. Read here on <a href=\"https:\/\/www.amitbhawani.com\/blog\/paypal-withdraw-funds-bank\/\">how to withdraw funds to bank account<\/a>.  There were recently some <a href=\"https:\/\/www.amitbhawani.com\/blog\/paypal-bank-problem\/\">paypal withdrawal<\/a> problems, hence you need to make sure you read different blogs or forums before making a withdrawal. You need to enter <a href=\"https:\/\/www.amitbhawani.com\/blog\/search\/ifsc+code\">IFSC code<\/a> while adding your Bank Account details for payment withdrawal.<\/p>\n<p>2. Request a check from PayPal &#8211; This is the first funds withdrawal option from paypal.com and under this option Paypal converts all your money to your Local Currency ie Indian Rupees and sends you as a check, but make a note that you will be charged 5$ withdrawal feeds and atleasy 4-6 days processing time would be needed. Even after this since the checks are sent through Local Posts in India it takes from 15-25days to recieve and you will have to wait a long time for getting the money in your hands in the form of a Bank Check issued on the Account Holders name.<\/p>\n<p>3. Withdraw funds to your card &#8211; This is a nice option useful for people who want to pay their Credit Card bills directly through the Paypal funds, because once you withdraw money using this option you will be first paying 5$ as withdrawal fees after which the money is converted and sent to your account as a Credit Amount, hence all your debit balances in your CC account can be easily paid off though this option.<\/p>\n<blockquote><p>If your transaction involves a currency conversion, it will be completed at a retail foreign exchange rate determined by PayPal, which is adjusted regularly based on market conditions. This exchange rate includes a 2.5% spread above the wholesale exchange rate at which PayPal obtains foreign currency, and the spread is retained by PayPal. The specific exchange rate that applies to your multiple currency transaction will be displayed at the time of the transaction.<\/p><\/blockquote>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright\" title=\"Paypal Currency Conversion\" src=\"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/Images\/P\/Paypal-Currency-Conversion.PNG?resize=135%2C160\" alt=\"Paypal Currency Conversion\" width=\"135\" height=\"160\" \/>Paypal Withdrawal Conversion Rates are same in any type of withdrawal you make and on all these withdrawal pages you will find a link to Currency Converter , which when clicked will show you a small conversion box to check out the current USD to INR conversion rates.<\/p>\n<p>All the Payment Withdrawals include a 2.5% Exchange Rate fees which is automatically decreased while you check the currency conversion rates which is the reason you would normally find the Indian Rupees converted amount a bit less than the actual conversion rate in the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hi Amit , i have money in Paypal inform of $(dollar), and i want to transfer that money in my bank account so what i have to do? How can i convert USD$ into Indian Rs? &#8211; Mohan In order to answer this question first of all you need to let me know with the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[665],"tags":[],"class_list":{"0":"post-3841","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tips-tweaks","8":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/Paypal-Currency-Conversion.png?fit=208%2C245&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":130,"url":"https:\/\/www.amitbhawani.com\/blog\/paypal-offers-withdraw-funds-directly-into-indian-banks\/","url_meta":{"origin":3841,"position":0},"title":"Paypal offers Withdraw Funds directly into Indian Banks","author":"Amit Bhawani","date":"October 30, 2007","format":false,"excerpt":"Paypal just offered another excellent feature to become a leading payment processor in india by adding directly funds withdrawal option in indian banks which previously was just limited to US banks. Currently only 2 countries ie US and India are allowed to use this feature as far as i know\u2026","rel":"","context":"In &quot;Tips &amp; Tweaks&quot;","block_context":{"text":"Tips &amp; Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/withdraw-paypal-indian-banks.jpg?fit=739%2C294&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/withdraw-paypal-indian-banks.jpg?fit=739%2C294&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/withdraw-paypal-indian-banks.jpg?fit=739%2C294&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/withdraw-paypal-indian-banks.jpg?fit=739%2C294&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":2947,"url":"https:\/\/www.amitbhawani.com\/blog\/paypal-withdraw-funds-bank\/","url_meta":{"origin":3841,"position":1},"title":"Tutorial to Withdraw Funds to Bank Account from Paypal","author":"Amit Bhawani","date":"January 8, 2009","format":false,"excerpt":"To withdraw funds from your paypal account to a bank account, you need to give all your Bank details along with IFSC Code and Account number. Before you start doing this you need to have the following information with you. 1. Your Bank Account Name 2. Your Bank Account Number\u2026","rel":"","context":"In &quot;Tips &amp; Tweaks&quot;","block_context":{"text":"Tips &amp; Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"Paypal Withdraw Bank India Funds","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/Images\/P\/Paypal-Bank-India.PNG?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8565,"url":"https:\/\/www.amitbhawani.com\/blog\/paypal-india-withdrawal-alternatives\/","url_meta":{"origin":3841,"position":2},"title":"Paypal India &#8211; Withdrawal Options Bank CC Check Xoom","author":"Amit Bhawani","date":"February 18, 2010","format":false,"excerpt":"As everyone of us is aware about the currently going Paypal Withdrawal Problem in India, there are very few options left out for us as a account holder and most of the freelancers and small business owners are facing problems towards withdrawing money and even receiving money. There have been\u2026","rel":"","context":"In &quot;Tech News&quot;","block_context":{"text":"Tech News","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tech-news\/"},"img":{"alt_text":"Paypal","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/02\/Paypal.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3518,"url":"https:\/\/www.amitbhawani.com\/blog\/paypal-alternative-withdrawal\/","url_meta":{"origin":3841,"position":3},"title":"Paypal Withdrawal Delay? Best Alternative is Here","author":"Amit Bhawani","date":"March 6, 2009","format":false,"excerpt":"Iam sure most of you are having Paypal withdrawal problems who did recent funds withdrawals to their bank accounts because of some internal problems at Paypal.com which is not yet disclosed and the website shows that the transaction is completed. If you are looking for a better alternative to withdraw\u2026","rel":"","context":"In &quot;Tips &amp; Tweaks&quot;","block_context":{"text":"Tips &amp; Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"Online Money Transfer Paypal Xoom","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/Images\/O\/Online-Money-Transfer.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3526,"url":"https:\/\/www.amitbhawani.com\/blog\/sending-receive-money-free\/","url_meta":{"origin":3841,"position":4},"title":"Sending and Receiving Money for Free &#8211; Paypal Alternative","author":"Amit Bhawani","date":"March 6, 2009","format":false,"excerpt":"When you use Paypal.com you need to pay transaction fees whenever you receive some funds from another paypal user. But when you signup with AlertPay you get the following features. This seems to be another alternative to paypal where you can withdraw and make online money transfers easily. Personal Starter\u2026","rel":"","context":"In &quot;Tips &amp; Tweaks&quot;","block_context":{"text":"Tips &amp; Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3869,"url":"https:\/\/www.amitbhawani.com\/blog\/ifsc-code-banks\/","url_meta":{"origin":3841,"position":5},"title":"Indian Banks IFSC Codes List for Paypal NEFT","author":"Amit Bhawani","date":"April 27, 2009","format":false,"excerpt":"Most Indian Paypal users are in search for the IFSC Codes which is required when they are trying to Withdraw funds to their Bank Accounts. Paypal uses the National Electronic Funds Transfer (NEFT) system for Funds Transfer, which is the reason you need to Enter the correct IFSC code of\u2026","rel":"","context":"In &quot;Tips &amp; Tweaks&quot;","block_context":{"text":"Tips &amp; Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/review-bank-account.jpg?fit=773%2C219&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/review-bank-account.jpg?fit=773%2C219&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/review-bank-account.jpg?fit=773%2C219&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/review-bank-account.jpg?fit=773%2C219&ssl=1&resize=700%2C400 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts\/3841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/comments?post=3841"}],"version-history":[{"count":0,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts\/3841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/media\/19044"}],"wp:attachment":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/media?parent=3841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/categories?post=3841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/tags?post=3841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}