My friend, who owns me money from a long time ago, transferred it to my paypal in parts during a period of one week, and now they're holding they money that I didn't have the time to transfer to my bank account and are asking me to provide information regarding these transactions. What can I possibly show them, if my friend and I never even signed anything between each other???
I hope you marked the transaction as 'personal'! If you did... be honest with Paypal and tell them about the nature of transaction. Tell your friend to inform Paypal of the same... as well! Regards, RightMan
If you are from country where personal payment is not allowed by Paypal then it may be a problem. Just say them that it was for any service you provide. I think if you have new account they do ask for reason about your payment just answer them and they will allow you to withdraw. If your account still is on hold and they dont allow you to use your account then you will need to wait for 6 months as Paypal will allow you to withdraw after 6 months according to there terms. I hope it helps.
If you exchanged a lot of money in that week , you could have been flagged as suspicious and now i think you would be required to produce some tax certificates.
becauz ur frnd frequently transferred money in ur personal account , so paypal think its suspicious. personal accounts are fr doing irregular transactions. if u send or receive very frequent , just get premier account. try to sort out the matter with ur frnd. if ur frnd call paypal & tell abt the whole situation , ur money can be released