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How do I make an international payment in India?
The only legal way to receive money in India (for personal transactions) would be by way of “Wire Transfer” via bank account. The sender abroad must initiate an international “Wire Transfer” from their bank account to your bank account in India.
What type of PayPal account do I need to receive money?
You can use any type of PayPal account to receive money, individual PayPal accounts included. For example, there’s eBay. You might have sold the odd item on eBay, which doesn’t require a PayPal business account, and received the money just the same. You can also receive money from people beyond eBay as well.
How do I accept my PayPal INR?
Log in to your PayPal account, click on Wallet, then click on PayPal balance. On the subsequent popup, simply click on Manage currencies, then on the following page Add Currency. You’re done!
How do I convert dollars in PayPal to rupees in India?
So, if sender or payee is depositing money in dollars in your PayPal account and your bank is in India it automatically converts it to Rupees. You don’t do anything. PayPal itself will convert the currency and deposits in your bank account.
Can I accept INR balance in PayPal while having an Indian account?
Second: Click on Profile button in upper left. then Profile and settings > Financial Information > Click on Currencies in Paypal Balance Tab. Third: Add INR Currency and make it primary if you want or just leave USD as it is. Whichever C YES you can accept INR balance in paypal while having an Indian paypal account.
Can I use PayPal in India?
In India you will have to keep money in indian rupees only. If you’re a Paypal user from India, you cannot make any payments using your Paypal balance. In fact, it is not even possible to hold your Paypal balance since any payments made to your account will be auto-withdrawn to your bank account everyday.
How do I change the currency in my PayPal account?
To convert your personal profile to business profile Go to Account settings. Second: Click on Profile button in upper left. then Profile and settings > Financial Information > Click on Currencies in Paypal Balance Tab. Third: Add INR Currency and make it primary if you want or just leave USD as it is. Whicheve…
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