Sunday, 21 April 2013

how to create an account in paypal

In order to receive money online you need a Paypal personnel account. If you do not have a Paypal account, then open today. Its easy and free. you will receive money to your Paypal account in us dollars and Paypal will send that money into your bank account in your own currency. However you need to verify your account to remove the sending and withdrawing limit. in order to verify your Paypal account you need 4 things.

                                     1- purpose code
                                     2- pancard number
                                     3- bank account which supports paypal
                                     4-IFS C code of your bank branch



      make sure the name of your pancard,bank account and Paypal will be samepurpose code means when you are receiving money from other country then what is the purpose of your cross border transaction. you need to choose a purpose code by helping them to know the exact nature of your cross boarder transaction. pan card number for your identity. add your pan card number in Paypal. make sure that your name in pan card is exact the same name in Paypal.


    bank accounts to withdraw money. most of the bank in India which have ifsc code supports the Paypal. If you are from india, you need to know which Indian  bank supports Paypal  if you do not know, then type in google search "Indian bank that supports Paypal"

   after you got a bank account then add your bank account in paypal and add your ifsc code, If you do not know what is the ifsc code of your bank  then ask the branch people what is the ifsc code of that bank branch otherwise in google, search the ifsc code of your bank branch. suppose you have opened an account in SBI  and branch name is guntur then type in google search IFSC code of SBI BANK in Arundelpet branch, guntur. So that, you will get your ifsc code.

   now in Paypal add your bank account number and branch ifsc code. After successfully adding your bank account, Paypal will deposit 2 small amount of money in your bank account. then you can check your account after 4 business days of deposit. now find out the exact two amount which Paypal has deposited in your account add that in Paypal for your account confirmation. now its over. your account will be verified. your sending and withdrawing limit will be removed. then you can receive your money through Paypal
                

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