Paypal India — clear violation of rbi and finance ministry instruction regarding automatic transfer to indian bank account of indian citizens | |
I would like to bring to your kind notice that paypal india is clearly violating the statutory instruction of rbi as well as finance ministry goi regarding automatic transfer to indian bank account of indian citizens on the day closing which should be at midnight 12 am plus maximum relaxation of about one hour of day of paypal accounted credited by money from foreign country for technical feasibility. Whereas paypal is transferring that amount on next day morning, some time at 5am and some day after 7am The same is often causing inconvenience to me also If government of india has two sets of rules one for rich people and big companies and other for common citizen please let me know in writing, then i will stay quite and helpless I am attaching part of screen shot of typical transaction which clearly shows amount transferred to my account at 5am Was this information helpful? | |
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