Withdraw balance to NRE account

GemGeorge
Contributor
Contributor

Hi,

 

How do I transfer balance in my PayPal to NRE account in India. By doing this I can avoid currency conversion fee and transaction will happen in USD.

 

I asked this to email support and they are responding something else other than what I asked. I did follow up multiple days and getting irrelevant answers from the customer support team. It was like they are not reading my question.

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3 REPLIES 3

rajanish-pathak
New Community Member

I tried doing the same and my funds have been withdrawn from paypal but don't show up in my NRE account. After doing a bit of research I found out that PayPal uses local (Indian) bank accounts to transfer the amount via NEFT/RTGS in INR which is not supported by NRE accounts. I tried contacting the support but no luck.! 

@PayPal_EJ  @PayPal_BJ Please if you guys can help me.!

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GemGeorge
Contributor
Contributor
Yes. If the balance is in USD, why should PayPal perform currency conversion if my bank accepts USD
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GemGeorge
Contributor
Contributor

Can someone respond here?

My bank accepts USD and I wish to withdraw money without currency conversion

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