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Paypal monthly withdraw limit

Discussion in 'PayPal' started by ourktm, Jul 2, 2009.

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  1. #1
    Hi,

    I just found out that there is a monthly withdraw limit on my personal paypal account. I can only withdraw $500 to my linked bank account per month. I requested $500 into my bank account last month on June 26th.

    When will I be able to request again? Because right now when I check it is not possible to withdraw to my bank again. So do I have to wait 30 days for the limit to renew or it's once a month (renews every 1st of the month)

    Thanks
     
    ourktm, Jul 2, 2009 IP
  2. -SandDancer-

    -SandDancer- Peon

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    #2
    I think there is a limited for you because your account has not been verified. If you verify your paypal account you will have an unlimited withdraw limit.
    I think i'm right in saying once you have reached you initial withdraw limit un-verified, you need to verify it before you are able to withdraw again.
     
    -SandDancer-, Jul 2, 2009 IP
  3. RightMan

    RightMan Notable Member

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    #3
    I guess...nobody is actually aware of how Paypal determines the completion of one month, whether it is from the first transaction or from the 1st day of the month.

    People obviously do not wait for that long and instead prefer to initiate the verification process! :eek:

    Regards,

    RightMan
     
    RightMan, Jul 2, 2009 IP
  4. blog8491

    blog8491 Notable Member

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    #4
    You must verify the account to remove this limit. Where are you from?
     
    blog8491, Jul 2, 2009 IP
    imnajam likes this.
  5. ourktm

    ourktm Active Member

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    #5
    Well the acccount is a legit US paypal account. It is verified with the help of a bank account. It is a personal account so i think it has that limit of $500 per month.

    this is what paypal shows in my withdraw page

     
    ourktm, Jul 2, 2009 IP
  6. manorwolf

    manorwolf Active Member

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    #6
    verify your account with credit card
     
    manorwolf, Jul 3, 2009 IP
  7. Jalpari

    Jalpari Notable Member

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    #7
    If u will verify ur paypal account then this limit will be removed 500$ usually limit is for those ac who r unverified.
     
    Jalpari, Jul 3, 2009 IP
  8. narci

    narci Peon

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    #8
    You are unverified mate. You must be verified to lift that limits..
     
    narci, Jul 3, 2009 IP
  9. jhbalaji

    jhbalaji Well-Known Member

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    #9
    Yeah $500 for Unverified account and $2500/month Limit for verified account mate...
     
    jhbalaji, Jul 3, 2009 IP
  10. krist11

    krist11 Active Member

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    #10
    Add credit card with your paypal account you can increase your withdraw limit.......
     
    krist11, Jul 3, 2009 IP
  11. techydude

    techydude Member

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    #11
    Even I've got an unverified account and the limits don't seem to reset every month...For the past 2 months, the limit is fixed on $500 { meaning its stayed at $500 and all my withdrawals over 2 months have gotten deducted from this amount}
     
    techydude, Jul 3, 2009 IP
  12. RightMan

    RightMan Notable Member

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    #12
    Your personal account would still be having an unverified status or else Paypal would have readily showed you the limit of $ 2500 per month.

    If you account status does show it to be verified, do contact their customer support for rectification of your limits!

    Regards,

    RightMan
     
    RightMan, Jul 3, 2009 IP
  13. Jalpari

    Jalpari Notable Member

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    #13
    actually there is another limit not shown when you go beyond high volume decided per case and you will have to supply a lot more documents
     
    Jalpari, Jul 4, 2009 IP
  14. thewarlock

    thewarlock Peon

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    #14
    Just verify using a credit card and you're all set :)
     
    thewarlock, Jul 5, 2009 IP
  15. Feizar

    Feizar Prominent Member

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    #15
    yes, ur paypal account is unverified. verify ur account with a credit card, and that limit will be verified!
    regards
     
    Feizar, Jul 5, 2009 IP
  16. dess71

    dess71 Well-Known Member

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    #16
    HOw is your account not verified when you already have withdrawn 500 to your bank acct?
     
    dess71, Apr 13, 2015 IP
  17. lifeplayer

    lifeplayer Notable Member

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    #17
    "legal" US paypal account? But you are from Nepal,right?
     
    lifeplayer, Apr 14, 2015 IP
  18. ALN2015

    ALN2015 Member

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    #18
    He probably bought a us paypal account from one of the multiple sources and even with those there are issues with removing money. You will most likely have those limits forever. If you have an account that you own that does not have limits You might be able to transfer money to that paypal account as a gift and then withdraw it. But that may get both accounts limited. Paypal is very strict with their policies and you can get your account limited for the dumbest reasons.
     
    ALN2015, Apr 22, 2015 IP