Indian paypal users, check your paypal limit.

Discussion in 'PayPal' started by aditya_sfs, Mar 9, 2007.

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  1. Freewebspace

    Freewebspace Notable Member

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    #81
    Yes you may be correct !

    I also saw this now only

    and this seems to be a error as it shows that withdrawal limit is only for unverified even though I am verified!
     
    Freewebspace, Mar 9, 2007 IP
  2. Correctus

    Correctus Straight Edge

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    #82
    Thats the thing. I am quite sure thats what is happening.

    IT
     
    Correctus, Mar 9, 2007 IP
  3. stevejohn

    stevejohn Banned

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    #83
    I use Unverified Account::

    Its showing me same Limits which is to Verified account:

    SO what is Benefit to get verified::

    If you earning is 1000$ per month so you create new account every 3 months:

    Steve
     
    stevejohn, Mar 9, 2007 IP
  4. deluxdon

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

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    #84
    Thats really helpful information for us aditya. At least now we have to wait few more days as they said they will try to resolve this issue within few days.

    Hope for the best :)
     
    deluxdon, Mar 9, 2007 IP
  5. eddy2099

    eddy2099 Peon

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    #85

    Verification gives your customers the confidence to deal with you. I do not deal with anyone who does not have a verified account.

    You cannot create a new account every 3 months as you are only permitted to have a maximum of 1 Personal + 1 Premier/Business account and that's it.
     
    eddy2099, Mar 9, 2007 IP
  6. ishan

    ishan Prominent Member

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    #86
    WHat happens if you upgrade to a Business Account (Premier one)
    What are the Transaction limits then ??
     
    ishan, Mar 9, 2007 IP
  7. Freewebspace

    Freewebspace Notable Member

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    #87
    As of now

    You have to wait as I think this(limits) is a error and we have nothing to worry!

    Wait till paypal announces something on this!
     
    Freewebspace, Mar 9, 2007 IP
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  8. amitpatel_3001

    amitpatel_3001 Results Follow Patience

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    #88
    Is this is a good solution for us? newusbank.com? Just found this link from a google ad in this thread :|
     
    amitpatel_3001, Mar 10, 2007 IP
  9. arvind_srivastava

    arvind_srivastava Well-Known Member

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    #89
    As I have stated earlier please do not panic.
    Wait till tuesday for things to clear out.

    Also it is fairly legal in US for people of outside countries to open accounts but for Indian nationals to open accounts in foreign countries is illegal. So please take your mind out of that site.


    Al
     
    arvind_srivastava, Mar 10, 2007 IP
  10. WorldImpulse

    WorldImpulse Well-Known Member

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    #90
    The only thing i fear is some RBI regulation.... if its a paypal glitch it should be fixed soon but i dont see any chance of such a major glitch in a company as big as the size of paypal....

    The current boundation on the withdrawl limit to monthly 2500 $ was due to RBI rules and i HOPE with my fingers crossed that same is not the reason for the new changes...
     
    WorldImpulse, Mar 10, 2007 IP
  11. arvind_srivastava

    arvind_srivastava Well-Known Member

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    #91

    utter crap.
    As of now there hasen't been any modifications in the rules imposed on us.
    I have been monitoring this for the past 48 hours now.


    Al
     
    arvind_srivastava, Mar 10, 2007 IP
  12. sachin410

    sachin410 Illustrious Member

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    #92
    What RBI regulation are you suggesting about?

    Did RBI cap how much an individual can earn overseas :confused: ?
     
    sachin410, Mar 10, 2007 IP
  13. seoocean

    seoocean Well-Known Member

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    #93
    I dont think so that upgrading will make any difference to the limits.

    I have a business account and it says your total withdrawal limit remaining is ZERO !!

    This problem is ridiculous - i dont see this as a technical glitch, coz a company with so many transactions as Paypal would work out this so called glitch in a wiffy.

    I am not sure, this is going to change !
     
    seoocean, Mar 10, 2007 IP
  14. inworx

    inworx Peon

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    #94
    No problem if its $500 monthly limit.

    But See the f*****g $3000 TOTAL WITHDRAWL LIMIT.

    i.e. our paypal accounts are of no use if we have more than $3000 to withdraw...PayPal keeps the amount more than 3000

    Bulls**t
     
    inworx, Mar 10, 2007 IP
  15. saadahmed007

    saadahmed007 Admínistratör

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    #95
    I dont think that paypal can do it what will webmasters do if they cant withdraw more then 3000$ from their paypal account :eek:
     
    saadahmed007, Mar 10, 2007 IP
  16. The Webmaster

    The Webmaster IdeasOfOne

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    #96
    As I believe, Limits for unverified accounts were $500/Monthly and $3000/Total, for a while now....

    Yes you can, all you need to do is to close your old account and then you can create a new account with the same address and even the same email id.
    There is no new or even old RBI or Govt. Regulation that can force such action. Such caps will only discourage and hurt Software and Solution providers. As the More we withdraw from Paypal, more USD India gets..

    As long as glitch is concerned, Paypal has been always full of glitches.. So it is no wonder...
     
    The Webmaster, Mar 10, 2007 IP
  17. Rushh

    Rushh Well-Known Member

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    #97
    If it were a RBI regulation, wouldn't other companies like moneybookers have to force a limit on withdrawals too? (and i don't see any limit there)

    So, i still don't think its a RBI thing. Its either a glitch, or the people at paypal have lost their nuts!
     
    Rushh, Mar 10, 2007 IP
  18. The Webmaster

    The Webmaster IdeasOfOne

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    #98
    Now, that can be a probability!!!
     
    The Webmaster, Mar 10, 2007 IP
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  19. Robert Allen

    Robert Allen Peon

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    #99
    Instead of talking about paypal, why dont we change to a different program? Obviously paypal isnt working out, lets just grab 10 good webmasters and coders on here, and create a site called 'dpay' and it is run by digitalpoint.

    Rob
     
    Robert Allen, Mar 10, 2007 IP
  20. Rushh

    Rushh Well-Known Member

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    #100
    lol.. :D

    A very strong possibility!! :D :D
     
    Rushh, Mar 10, 2007 IP
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