Can i have a personal account and premier account with PayPal at the same time

I already have a premier account and need to know if i can open a personal account too,isn't it against PayPal's TOS.
another question:im indian, for receiving payment in my personal account through papypal do i need to verify my personal account.thanks

 

The User Agreement which appears when you signed up at Paypal

http://www.paypal.com/cgi-bin/webscr?cmd=xpt/ua/USUA-outside reads

Yes, you indeed need to verify your account, whether you are from India or some other countries. If you have two accounts, you will need two separate bank-issued credit cards to verify them.

 

but i think in personal account for receiving you don't need verifying and you can withdraw some amont thats the limit of personal account,am i right?

 

Yes you can have a Personal account( to recv non cc payment) and Premier/Business account (to receive credit card and echeck payment) under your name.
Personal account need to be verified to receive payment to your bank account.

 

Unverified accounts will have no limit in receiving funds but you cannot withdraw or spend it until you verify it. I believe there is like a $500 total limit for withdrawal. Unverified account technically may not be trusted by some people and may have a higher level of being limited.

 

but im indian and they send us cheque,then do i need to verify it and can i use the same cc to verify personal and premier account.

 

Yes, as I mentioned earlier, you cannot use the same credit card to verify both personal and premier accounts. You need different ones.

Don't try to use one to verify and remove it and use it to verify the other account, others tried that and both accounts are locked.

 

thanks,but i still dont know when my pesonal account is not verified how much i can send and withdraw,thts my last question.

 

If I remember correctly, there is no limit to receiving funds but there is a US$100 maximum withdrawal/sending limit (total). After that you cannot withdraw or spend anymore of your paypal balance until you verify it.

When you log into your paypal account, you should see a Limit link which will show you your limits.

 

For Indian accounts sending limit for an unverified account is 100$. But I guess you can't withdraw money from an unverified account. You would need to verify it.

 

can i use two seperate VCC to verify personal and premier account,or because both are from same bank will cause problem

 

Yes you can do that and it won't cause any trouble for you.

 

are you sure?how do you know,just anxious maybe my account gets banned.

 

yes, I am sure. People use real credit cards from same banks to verify two PayPals Same is the case with VCC