I reckon business people withdraw their money every week or month but wouldn't be stupid enough to leave anything over $10k in their paypal account.
its very much risky to have that money in paypal or any other service. most of the ppl here on dp got almost 5k in their paypal..
Its definitely risky. Paypal can restrict/limit your account on a whim, literally. All they say is "we are routinely checking up on accounts" and ask for more information about you such as photo id, proof of address, and a list of like 100 other possible things. Worse case senario, they can hold your money for 6 months after you close your account, after that time they automatically deposit it into a bank account on file in the account holders name, or if one is no longer availeable, they hold it until you ask for it, and jump through their hoops to identify yourself. The only type of people I could forsee having that much cash in their accounts would be people who have been dealing with paypal for years, who are over the top verified with them to esnure no issues arrive like getting limited, and also bring in over 30k a month in their paypal. Otherwise, who wants to take that kind of risk? Not me haha
I'm sure some people have temporarily over 100K, because some make much money thru PayPal, but it doesn't mean they keep it there for long time, that's not smart with any online ewallet. But I don't think they would post in this thread.
i guess wikileaks kept such amount of money and its frozen why ppl will keep such huge amount of money in pp without any interest ?
Yes I had more than $100,000.00. But Paypal took it all away, just because they can and because they don't follow any laws