Can someone tell me what the difference is between: Withdrawal Limit (Monthly) and Withdrawal Limit (Cumulative)? Which one is the max amount i can take from the bank and once with these limits?
Monthly Withdrawel Limit means the maximum amount you can withdraw from your paypal account per month. Withdrawel Limit means the maximum amount you can withdrawfrom your paypal account totally. It means you cannot withdraw more then the specified amount for lifetime. This shows because your paypal account might be Unverified. Get it verified to increase your monthly withdrawel limit and no lifetime withdrawel limit.
The Monthly Limit is what you can withdraw within a month. The Cumulative Limit is the total limit you can withdraw in total. Say if your monthly limit is $500 and your cumulative limit is $2500, it would mean you can withdraw a maximum of $500 a month but once you withdraw a total of $2500 (ie $500 x 5 months), you cannot withdraw or spend anymore money from them. Any money above it would be considered Paypal's money. You will then need to verify your account in order to lift this limit.
I would but i think i lost the letter they sent and i am not sure how to get them to send me one again, any ideas? or would i have to make a new account?
I'd just log into your account and send them a message saying you've lost your PIN can they send a new one? They've always been very helpful when I've had problems.
I shall try but i recently sent them a message and i have not got a response. I will try again later if i don't get a response