I want to withdraw everything w/ paypal Cheque

Discussion in 'PayPal' started by 8everything, Jan 6, 2007.

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  1. #1
    I want to withdraw all of the funds ($XXXX amounts) in a cheque. Is this possible?

    I'm just tired of withdrawing in small amounts via paypal because I need to convert it into Canadian currency then transfer it (and paypal charges to convert.. roughly $4 per $100 or something like that).

    I'm also using an unverified business account with over 50 positive transactions, over 1 year old paypal account from Canada.

    Is this possible?

    Thanks:)
     
    8everything, Jan 6, 2007 IP
  2. MeetHere

    MeetHere Prominent Member

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    #2
    You can only withdraw 500$ at a time from an unverified account per month.
     
    MeetHere, Jan 6, 2007 IP
    8everything likes this.
  3. 8everything

    8everything Peon

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    #3
    in total or in chunks of $500 (If yes, would $500 a day be okay?)

    Thanks.
     
    8everything, Jan 6, 2007 IP
  4. MeetHere

    MeetHere Prominent Member

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    #4
    You can withdraw minimum of 150 and maximum 500$ per check.
    Also you can only withdraw total 500$ in a month if unverified.
     
    MeetHere, Jan 6, 2007 IP
  5. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #5
    Yes MeetHere.

    As far as i know Minimum Withdrawal limit is $150, Monthly Withdrawal limit is $500 and Lifetime Withdrawal limit is $3000 for unverified paypal account. But i think its different limit for different countries.
     
    deluxdon, Jan 6, 2007 IP
  6. eddy2099

    eddy2099 Peon

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    #6
    Get your account verified and remove the restrictions you will have with your Paypal account. It does not cost you anything apart from probably the cost of sending the required documentation.

    Basically, Paypal just want to protect you, the Paypal customer, to ensure that the money goes to the right person. If you have nothing to hide then it should not be an issue getting your account verified.

    Verification would lift all limitations and you should be able to withdraw everything from your account. It is as simple as that.
     
    eddy2099, Jan 6, 2007 IP