I have a paypal personal account(unverified) and paypal says that the monthly withdrawal limit is $ 500 ... I'd withdrawn $100 from paypal to my bank account on 18th may and then another $100 on 3rd June Now when I wanted to withdraw funds from paypal, it still says that I'm limited to withdrawing only $300 for this month. Now my question is how does paypal calculate the mothly cycle? is it from one withdrawal to the next or is it a calendar month. If it is the calendar month then I must have $400 left, isn't it? and if it is based on the transaction periods, then again from 18th may to 18th june it is already a month now..so I must be able to withdraw $500 again ... please clarify the definition of the word MONTH according to paypal. thanks
Someone please help me !! Just now I withdrew $100 more and now its saying that I have $200 left for this month! Am I missing something here? Does the $500 mark ever replenish?
PayPal would be the people to ask here and you can get their telephone number from the Help section of the PayPal website. Never ask through email because you will wait days to get a response and most of the time, it doesn't answer your question. Give them a call.
I would say, just wait for the month of June to get over and see if the limits get restated. If not, you would do well to call Paypal explaining them the whole thing with dates of all your transactions, personally! Regards, RightMan
thanks for your suggestions guys. btw, I'm still confused about when the limits are restated... is it based on the calendar month or what?