Can holding US Account increase the withdrawal limit?

Discussion in 'Payment Processing' started by Diya SP, Mar 21, 2007.

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  1. #1
    Hi,
    I am from India and my monthly withdrawal limit in paypal is 2500$. If I were to open a US bank account will I get unlimited withdrawal limit? Thanx.
     
    Diya SP, Mar 21, 2007 IP
  2. Disguised

    Disguised Notable Member

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    #2
    US PayPal accounts normally have more withdrawal limit than other account. But getting a US PayPal account from India is not easy and secondly is not legal.
     
    Disguised, Mar 21, 2007 IP
  3. RDrocks

    RDrocks Peon

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    #3
    you can upgrade the limit to $10,000,mail them about it they will ask to fax identification details etc.
     
    RDrocks, Mar 21, 2007 IP
  4. Kulwinder

    Kulwinder Active Member

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    #4
    I hope this helps.

    Regards,
    Kulwinder.
     
    Kulwinder, Mar 21, 2007 IP
  5. Diya SP

    Diya SP Peon

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    #5
    Actually I have a friend in US to whose account I can transfer money. In that case will paypal increase its limit?
     
    Diya SP, Mar 21, 2007 IP
  6. Kulwinder

    Kulwinder Active Member

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    #6
    Nope, Paypal has no concerned with your friend's account.
    If you want to raise your account limit and you have an Indian Verified Account, just send them the necessary documents and your limit will be lifted to 10,000$

    Regards,
    Kulwinder.
     
    Kulwinder, Mar 21, 2007 IP