Paypal — Money Holds by paypal and transfer less rate against spot rate

Website:www.paypal.com

I am from India and i have an business account in PayPal. Paypal doing very disturbing and horrible practice because every time when my client in USA are transferring USD to my paypal wallet they hold it more than 21 days and after 21 days they will transfer it my bank account by much lesser rate compare to spot rate of INR v/s USD. i do not know why paypal doing so but anyone can easily understand that they are making huge profits to doing such practice.
Was this information helpful?
No (0)
Yes (0)
PayPal customer support has been notified about the posted complaint.
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    PayPal
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    13%
    Complaints
    231
    Pending
    0
    Resolved
    31
    PayPal Phone
    1-800-2123852
    +91 44 6634 8001
    PayPal Address
    No 334 Futura IT Park, Block A, Old Mahabalipuram Road, Sholinganallur, Chennai, Tamil Nadu, India
    View all PayPal contact information