After nearly 5 weeks, Paypal resumed bank withdrawal to India on 4th March 2010 IST. No specific purpose code was to be entered, only the purpose for which the money was being withdrawn was to be selected from the drop down menu. The status of the withdrawal was shown as pending for about 24 hours and then shown as completed. Earlier Indian Paypal account holders could withdraw funds to their debit or credit card up to $500 per day, for a fee of $5 USD, but now that option is no longer available. Earlier all ad networks would pay Indians using Masspay, but now some are not using the option, especially if most of the Paypal accounts are personal or premier. Account holders who requested checks received them after 15-20 days.
Also some personal and premier Paypal account holders are reporting that their Paypal account have been limited. They have to provide proof of the source of funds like Invoices, emails, chat transcripts and then the limitation on the account is removed. Also many Indian paypal account holders have verified their account using Virtual Credit Cards (VCCs) linked to the bank accounts of the VCC seller, not their own bank account and may be facing problems.
Indian banks seem to be becoming more strict regarding wire transfers and people receiving payments from Moneybookers are getting phone calls regarding the transaction, especially HDFC bank. Many Indian banks charge a fee for an incoming SWIFT transfer and so check with the customer regarding the transfer. Sometimes, you have to fill a form confirming that you agree to transfer and pay the fees.