The limit we had for the past few months is now increased, Yes., now Paypal users in India can receive $3000 Per transcaction in their indian paypal account. Few months back paypal also removed the service charge for withdrawing money to the local bank accounts.
Email Form Paypal
We are pleased to inform you that the RBI will now allow you to receive export-related payments of up toUSD 3000 per transaction into your PayPal account, effective immediately.
We sincerely thank you for your understanding and patience over the past few months as we continue to implement the changes required to remain compliant with the RBI guidelines. With these changes completed, you can confidently accept PayPal for your cross-border transactions with our global buyer base of over 100 million active accounts in 190 markets worldwide. We look forward to continuing to support your export business through our global online payment platform.
To comply with the RBI guidelines, you must add a Permanent Account Number (PAN), Purpose Code and local bank account to your PayPal account in order to continue receiving export-related payments.
However, Increase is good news for bloggers and freelancers, now we can receive the money without any worries.
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