facing issue from citibank getting paypal firc
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
facing issue from citibank getting paypal firc for advance received for goods for export
4 months back , I have applied for firc from Citibank, faced numerous issues. As Citibank not following the instructions that is mentioned on paypal website for getting firc's issued from Citibank. Even DD name is needed to be changed.
Now Citibank,returened documents saying , paypal has refused as Purpose code P0103 is not matching with their system.
So what will be the correct Purpose Code for cross border payments for export of goods. ( advance payment )
- Labels:
-
Payment hold and review
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
The problem really is that -
- There is no acknowledgement from Citi regarding the email request that you send
- There is no way to know that status of the mail sent by you even after x number of days.
- If Citi takes really long to issue the FIRC, and 21 days period since the export was executed elapses, we need to pay a higher fee to the AD code issuing bank
- There is no transparency.
Couldn't their provide a support contact number at the least?
Going ahead, they must plan an online document tracking platform for the issuance of all FIRCs. This will make the life so much easier for all stakeholders involved.
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- How does someone who don't have or want a PayPal account send money to my PayPal account? in My Money Archives
- Sending money in My Money Archives
- inviting a friend in PayPal Basics Archives
- Paypal ask payment method twice in My Money Archives
- Error - Sorry, PayPal Plus is currently not available in My Money Archives