In a big respite to hordes of PayPal users in the country, the top Online Money Transfer company has declared that they can continue to have the benefit of electronic withdrawals to their banking accounts as they managed earlier.

Previously, PayPal made announcement that it would discontinue the electronic withdrawal service to Indian bank account w. e. f. August 1, 2010.

The company asked the clients to choose check withdrawal service and also guaranteed to refund the processing charge of $5.

PayPal forwarded electronic mails to all its clients in the country with the good news that they can withdraw their funds to the individual bank accounts without any problems.

Besides, PayPal has also decided to offer up the $5 processing charge repayment for any withdrawals on cheque made from July 29, 2010 until additional notification.