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Paypal limits?

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Old Apr 27, 2010 | 09:52 PM
  #1  
Minirotty's Avatar
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Default Paypal limits?

are theyre any?

haveing trouble receiving funds from people

Had over 1500 go through today and sent to my bank but now people who send say its waiting for me to eccept etc

any one have a clue?
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Old Apr 28, 2010 | 06:28 AM
  #2  
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From: dartford
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How long have you had your account and is it verified? as i think if its not or for a certain amount of time there is a limit on how much you can send and recieve
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Old Apr 28, 2010 | 06:58 AM
  #3  
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I think it's if you receive over Ł1200 in a year they will ask you to verifyyour account with 3 steps.

I had to do it recently and it's a pain in the ass.
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Old Apr 28, 2010 | 07:50 AM
  #4  
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the also put your account on hold once you have sent or recived Ł2400, something to do with money laundering laws. but as said above you just need to verify some more things.
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Old Apr 28, 2010 | 07:55 AM
  #5  
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From: HARTLEPOOL
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1700 per year is the limit to money laundering you will have yo change your account to a business type
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Old Apr 28, 2010 | 08:19 AM
  #6  
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From: Little India
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there are a efw stages to go thorugh, the first one beign when you hit Ł500, then it's the Ł1200 limit

after that though it's anyones guess
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Old Apr 28, 2010 | 08:52 AM
  #7  
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From: Crewe/Middlesbrough
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You need to ring them and change your account to a business one, does'nt take long.
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Old Apr 28, 2010 | 06:12 PM
  #8  
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From: Birmingham
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cheers lad's

I rang them this morning and its now a buisness account and recieved some more funds today over 1K

but a lad trying to send me Ł90 and it says waiting for me to eccept it on his end which is weird as paypal said I am verified and have no limits on my account

Last edited by Minirotty; Apr 28, 2010 at 06:13 PM.
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Old Apr 28, 2010 | 09:13 PM
  #9  
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From: Little India
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the person sending might need to be verified then
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