Last week I got my paypal money deposited to my bank account. Time to celebrate 😈
It was a fairly simple procedure since I used my Xoom account to transfer the funds to my bank. Xoom is a online fund transfer service much like PayPal or Western Union Money Transfer and others. They specialize in India and do direct deposit to your bank account. I first sent myself the money to my bank account and paid with my Paypal account. The money was deposited to my account in 2 days flat. I was really impressed with the level of service and would really recommend them to anyone! The withdrawal fee structure is a bit on the higher side compared to paypal, but is justified with the speed of the transaction.
Initially I feared that it will take about 45 days for the paypal check to reach me which is a wait too long. But Xoom is a wonderful service that has really saved my day. So in case any of you are looking to bring in money from paypal to your bank account, give Xoom a try while I decide on how to spend the money.