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Verified Paypal - question recieving money

Discussion in 'PayPal' started by vincehelp, Mar 26, 2007.

  1. #1
    If my paypal is verified with bank, credit card completed confirmation of location and everything else.

    I recieve money like 200,300,400 would my account be limited as i see some posts that once i recieve money i'll be limited?

    I used a VCC and im finally verified paypal i dont want to be limited.

    I recieve credit card payments
     
    vincehelp, Mar 26, 2007 IP
  2. Clive

    Clive Web Developer

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    #2
    I don't see why your account would be limited if you received a $200 payment, even for an unverified account as long as transaction was not a fraudulent one.

    My account was limited when I hit $4500 of payments received in total, but that was an extra security measure which I have completed to get the account active and in good state again.
     
    Clive, Mar 26, 2007 IP
  3. vincehelp

    vincehelp Peon

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    #3
    no its not limited i was just asking since i searched around people were limited after recieving money. So 200,300,400 are fine. I should cash out once i reach 1000 so i dont get limited rightkeep mypaypal balance low.
     
    vincehelp, Mar 26, 2007 IP
  4. Clive

    Clive Web Developer

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    #4
    You may cash the money out as soon as you receive it, regardless of the amount (it's free for the US based accounts).
    Not a reason for your account to get limited.
     
    Clive, Mar 26, 2007 IP
  5. vincehelp

    vincehelp Peon

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    #5
    so when will it become limited when i recieve over 1000usd payment at 1 time or when my balance totals up over 1000usd? i can withdraw to bank but i plan to save up to spend online around 800usd
     
    vincehelp, Mar 26, 2007 IP
    Clive likes this.
  6. eddy2099

    eddy2099 Peon

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    #6
    Well, I do receive over USD$1000 in a single transaction and my account is not limited.

    People's accounts get limited probably because there appears to be some irregularities around. If you did not do anything wrong and accept payments from verified users, you should be fine.
     
    eddy2099, Mar 26, 2007 IP
  7. Clive

    Clive Web Developer

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    #7
    My feeling is that you're making your life too complicated at this point :rolleyes:
    I'd rather concentrate on my first $1000 transaction if I were you, and then make sure they multiply ;)
     
    Clive, Mar 26, 2007 IP
  8. vincehelp

    vincehelp Peon

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    #8
    well im recieving payments via paypal credit card 200,300,400's not in single payment in many payments because of my company im working on it wouldn't limit my account if im recieved around 800usd within 1 week?
     
    vincehelp, Mar 26, 2007 IP
  9. Clive

    Clive Web Developer

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    #9
    As far as I can tell, you have nothing to be worried about here.
     
    Clive, Mar 26, 2007 IP
  10. eddy2099

    eddy2099 Peon

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    #10
    Like I said before, as long as you are not doing anything wrong and not getting the money illegally, you have nothing to worry about.

    There is no reason to limit your account if you do everything above board.
     
    eddy2099, Mar 26, 2007 IP
  11. vincehelp

    vincehelp Peon

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    #11
    sweet so is there a limit when paypal will limit my account upon recieving payments? when my balance reaches 4k?
     
    vincehelp, Mar 26, 2007 IP
  12. Clive

    Clive Web Developer

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    #12
    What difference would that make if you are asked to resubmit your personal details occasionally when you reach an X amount in transactions?
     
    Clive, Mar 26, 2007 IP
  13. eddy2099

    eddy2099 Peon

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    #13
    Like I said again, as long as your dealings in Paypal is above board and the party you are dealing with is verified and legit, there should not be any limits, whether daily, monthly, yearly or total.

    Where did you get the impression that if you receive 4k that your account be limited ?

    If they do limit you, it is only for your own protection. Just resubmit whatever information which they require and be done with it. There is nothing in Paypal which states that they will limit your account.

    I think you are really getting paranoid here. Free yourself from your doubts and move on with life.
     
    eddy2099, Mar 26, 2007 IP
  14. Clive

    Clive Web Developer

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    #14
    I mentioned that to him but am also believing that was an occasional "double verification" on my account, like you said, for my own benefit.
     
    Clive, Mar 26, 2007 IP
  15. brother8

    brother8 Peon

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    #15
    If your address is correct you might (yes, just might) not have problems.

    Paypal doesn't like virtual cc so much.

    I had my account limited because too many vcc once
     
    brother8, Mar 26, 2007 IP
  16. magicfire

    magicfire Active Member

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    #16
    When you verified your account and upgrade to premier account. No limit with your account in sending and receiving. Of course, if you have too many held transaction, maybe paypal will limit your account to verify.

    But don't worry too much if you use paypal without criminal purpose.
    Sorry for my bad english. Hope you can understand all thing I said.
     
    magicfire, Mar 26, 2007 IP
  17. Disguised

    Disguised Notable Member

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    #17
    Who told you that :eek:
    As long as you abide by paypal's rules and regulations you will be fine. It is not mentioned anywhere that your account will be limited when you reach a specific amount lol. There is nothing like that , so just relax.
    BTW I am assuming you've got a premier/business account. if not then get one because personal accounts are not allowed to be used for business purposes and this can get you banned from PayPal.
     
    Disguised, Mar 26, 2007 IP