PayPal Overseas
Receiving PayPal Funds in India
"Are there any services that accept PayPal and then send that payment to India? What is the easiest way to get my money out of PayPal?" -- Hitesh
Currently, residents of about 20 countries are able to withdraw funds from PayPal into their local bank (www.paypal.com/cgi-bin/webscr?cmd=p/gen/fees-withdrawal-outside). But it's difficult if you don't live in one of those countries. Some businesses set up a bank account in one of the countries that can withdraw funds from PayPal and then transmit funds to a bank in their home country via SWIFT or wire transfer. Such accounts may be subject to exchange control regulations. Another approach is to have a relative or friend withdraw the money for you from PayPal and then transmit it to you.
In addition to bank-to-bank funds transfers, in the US both Western Union (www.westernunion.com) and Citibank's c2it service (www.c2it.com) provide ways to transmit money to India. E-commerce services that handle transactions (other than PayPal) and will remit money to international merchants include CCNow for tangible goods (www.ccnow.com) and DigiBuy for digital goods (www.digibuy.com). Also consider WorldPay (www.worldpay.com) and PlanetPayment (www.planetpayment.com) for international merchants selling goods through standard shopping cart programs.
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