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Sunday, May 8, 2011

Adding a Purpose Code In Your PayPal

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Recently there was a some change in PayPal Indian policy where every Indian has to withdraw his PayPal money to bank account within 7 days. Now PayPal user will also has to add a Purpose code in there PayPal account. So you must be thinking what is this purpose code. Purpose Code is nothing but a way to tell why you are withdrawing money from PayPal. It is not a new concept in PayPal as you have to add a purpose code every time at the time of money withdrawal to your bank account in India.

But this time PayPal is asking a to add default purpose code to the Account. It may be legal, travel or any other expense, there are lot of option, you can choose any one.


After adding a Purpose code it will give you confirmation about the addition. You can change this purpose code at the time of money withdrawal. Subscribe to Syconet World by Email.

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