Paypal Limits

Hi , i have a verified premium Paypal account but when i check my limits , it looks " i can withdraw max 500 € to my bank account " . Is it possible to remove that limit? What should i do?

 

Are you fully verified? Have you completed all of the "Lift your Limits" steps? This usually includes:

• Adding a bank account from your country of residence
• Signing a direct debit agreement (or your countries' equivalent)
• Adding at least one credit/debit card
• Sending your passport or other form of government issued photographic identification for verification

If you have completed all of these steps then your limits should be raised to somewhere in the region of $9,000-$10,000 worth of your local currency, which would be I believe somewhere between 8,200-9,100 Euros.

 

Thanks for reply . I added a bank account and a credit card . is it normal to have a 500 € withdrawal limit per day?

 

500 Euros per day or per month? If it's per day, then yes, that sounds normal and very reasonable for a Personal or Premier account. If it was a business account and you have a high volume of sales then I would expect it to be higher, but until you are making 500+ Euros per day in sales I don't think PayPal would consider raising the limits on that.

 

Many thanks . that sounds logical .

 

Also , i do not have a website or company . i am a marketer only . can i have a business account without a company or website?

 

Yes, you can. You can register as an individual, and as long as you are receiving one business-purpose payment per calendar month then you are classed as an individual business for paypal's purposes.

 

perfect , thanks