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Withdraw money from PayPal to Sri Lankan Bank
- Image via Wikipedia
Though I write this article for Sri Lankans, anyone who has problem withdrawing paypal money can try this out.
As I wrote earlier Sri Lankans can’t receive payment in Paypal, so most of the users register as Indian users and receive payments. But there is an issue that you can’t cash out your money that you have in your paypal account. I was trying several ways and found out a way to cash my money. It’s a work around and you will loose small amount of money in transactions but still you can receive most of your money.
To do this you need to have three accounts
1. PayPal Account
2. Get A Freelancer Account
3. Moneybookers Account
Have you created the accounts??? I presume you have created the accounts
First login to your Get A Freelancer account ->
Go to Manage Accounts ->
Payment Transactions ->
Deposit Money ->
Choose PayPal
Now enter the amount
Click Next
Complete the transaction
Once you have withdraw the money from PayPal to Get A Freelancer, again Click on Payment transactions
Click Withdraw Money
Choose Moneybookers
Choose the amount you wanna transfer to Moneybookers
Complete the transaction
GAF will take about a week to transfer your money to Moneybookers account. From Moneybookers you can wire the money to your local bank accounts.
When you wire all you need is Bank Account Number and the SWIFT code of your bank. Search your bank’s site for SWIFT code or call their customer care and check out the SWIFT code. (Check Commercial bank Swift code)
If you still have any doubts please feel free to ask here.
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Receive Money from PayPal - Sri Lankan Context
We can withdraw money using this technique, but debit card company charging a lot as fee. Found another way to withdraw money to Sri Lankan Bank. Check it out
PayPal
Two years back, I could still remember that we Sri Lankans can’t open PayPal account. Now things have changed and we can open an account in PayPal. But the most annoying thing is we Sri Lankans can’t receive money on Pay Pal while our neighbors such as Indians can receive money.
If you registered an account as Sri Lankan user, then you can’t receive payments from other Pay Pal users. In the other hand if you registered as a Indian, US user you can receive money to you PayPal account but you’ll have a sending limit (500 USD) and you can’t cash that money.
If your sending limit $500 reached then you’ll not be able to send money from your PayPal account. If you’re to send more than $500 then you have to verify your account by adding a credit card.
Recently one of my friends found a way to make it cash. You can withdraw the money to Get A Freelancer.com’s account and then you can withdraw the money using their debit card.
I have already requested for a debit card from them and they have approved my card too but yet to receive my card. Once I receive my card I’ll let you know the answer for the million dollar question, how much convenient will it be?
* Personally I’m not encouraging anyone to do so, till I learn the reality.
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Change Country in PayPal
If you ever want to change your country in PayPal, forget it. You’re not allowed to change the country your account. If you really wanna change your country in profile then you have to close your account and open an account again with the same email address.
Recently one of my friends came back to Sri Lanka after finishing in Masters in USA. He just wanted to change his country to Sri Lanka, so he wrote a letter to PayPal. As I said earlier they want him to close his account and open a new account.
I do apologize
for the inconvenience this issue may have caused you. I understand that
you would want ton change the country in your account and add a new
credit card on your new account having the Sri Lanka as the country.When changing your street address, you will be unable to change your
country of residence, as PayPal currently does not have a feature where
you can add addresses from multiple countries on the same PayPal
account. The only way to change the country of residence is to open a
new PayPal account, and select your country of residence during the sign
up process.Please note that an email address can only be used on one active PayPal
account at a time. If you want to use the same email address on your new
account, you will first have to close your existing PayPal account
however, since you still have balance in this account, I would suggest
that you have to initiate a check withdrawal for you to get the money in
your PayPal account balance.Members registered from Argentina, Brazil, Chile, China, Ecuador, India,
Jamaica, or Uruguay can request a check to be mailed to the address on
their PayPal Account by following these instructions:1. Log in to your account at https://www.paypal.com/
2. Click the ‘Withdraw’ subtab
3. Click ‘Request a check from PayPal’
4. Enter the amount
5. Select the address the check is to be mailed to using the
pull-down menu6. Click ‘Continue’
7. Review the confirmation page
8. Click ‘Submit’
When you request a check, it will take 4-6 business days to process the
request and prepare the check to be mailed. Postal delivery time is
additional and varies depending on your country of residence.Please note:
· PayPal has no control over postal delivery times
· Check delivery may be delayed by government holidays in both the
U.S. and in your home country
· PayPal is not responsible for inaccurately entered mailing
information
Once you receive the check for your withdrawal that is the time to close
the account so that you will be able to use the same email address and
create an account under Sri Lanka.To close your PayPal account, please follow these steps:
Log in to your account at https://www.paypal.com/
Click the “Profile” subtab.
Click the “Close Account” link located under “Account Information” and
follow the online instructions.Once your old account has been closed, please follow these steps to open
a new account:Visit https://www.paypal.com/
Select the “Personal” radio button for a Personal or Premier account.
Select the “Business” radio button for a Business account.Choose a Country from the drop down menu.
Click “Continue.”
Fill out the form. *The Business account form has two pages to complete.
Click the “Sign Up” button at the bottom of the page. You will be taken
to a new page.
Once you have opened a new account, please follow the directions to
confirm your email address. Once your email address is confirmed, your
PayPal account will be ready to use!Again, I sincerely apologize for any inconvenience this might cause you.
If you have further questions, please feel free to email us backIf you have any further questions, please feel free to contact us again.
Sincerely,
Ryanpy
PayPal, an eBay Company
You may know that, as a Sri Lankan user, you can’t receive money in PayPal. 
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How to Move a Domain from Godaddy
Image via Wikipedia
I wanted to renew my domain so I went to Godaddy and tried to pay the money via PayPal. I was totally disappointed that Godaddy will accept only the PayPal accounts which has a credit card attached to it. Though I had some balance in my PayPal account I couldn’t pay the money.
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