#1
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Paypal limits ?
I assume there must be limitations of funds allowed to be pass through PayPal ?
Does anyone know of maximum £ that are allowed? Many thanks |
#2
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Paypal set different limits all depends on your history with them
Adrian |
#3
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as above and you also need to be a 'verified' user with them by registering a bank account on there, this will then lift all your sending and recieving limits
__________________
If it seems that everything is coming your way.... Your on the wrong side of the road! |
#4
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Cheers guys.
I have done that Tomma. So effectively you are limited to available funds within bank ? |
#5
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Don't forget if it's linked to a bank account it can take longer than one like to a credit card
Adrian |
#6
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yes, i think once your bank account is verified you are limited to what funds you have in your bank, i registered the card that went with my bank account too as the bank account transactions take a few days to take effect but using the bank card the transactions were instant.
I spent over 5k in one transaction a couple of years ago and paypal didn't bat an eyelid or block anything so i presume it was all ok as the funds were there.
__________________
If it seems that everything is coming your way.... Your on the wrong side of the road! |
#7
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There are some limits I beleive, but after a while if a lot of money goes in and out you have to fill in a form regarding anti-money laundering where you state the purpose of the account of business.
Not sure if it applies now but if you have over £500 in the account they used to like you to withdraw it, which probably isn't a bad thing as it's doesn't gain any interest in there. |
#8
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If you send/receive over 2K they get a bit funny, it happened to me a couple of months ago. It must be linked to a bank account and you have to fill in a questionnaire. Took me a couple of days but the whole process wasn't too painful.
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