Paypal account has always been a trouble for India. Yes, I know that they are just trying to get compatible with all the rules and regulation implemented by RBI on those accounts. Few months back we mentioned about the new rules and regulations implemented in Paypal accounts for transferring the money and the limit of the days for which you can keep the transferred money in your account and now again they have made some changes. In this post I will tell you more about this new feature which has been added in the Paypal account.
Now it is mandatory to give the PAN details for your Paypal account, so now the question arises that where you can put up this information. When you will login to your account then you can see that ‘My Account’ option on that Page. Just click it and then it will ask you to click the ‘add’ option for the information related to PAN account and one of the Indian Banks account, click the ‘add’ option and then follow the instructions on that page. They need both of them so that you can receive the details of the export-related payments and withdrawal of the amount from your account.
So, whosoever are using the Paypal account, please make sure that you provide them with these two new information as early as possible. Also make sure that you have updated the current postal Address, as Paypal also informs Indians regarding this. I know that it will seem tedious to you but then you cannot help it (it seems that they have got monopoly in the market), you will have to provide the information. So, go on sharing this piece of information with your friends and then please let us know about your own views and suggestion or if you have got anything new related to this post then just put them down in the comments sections and we will be glad to share it with all the readers on your behalf (if we found it genuine and useful). I am sure that this will really help you to work intelligently on internet. So, keep reading and surfing!!!