Paypal Monthly withdrawal limits downgraded ?

hey everyone,
I have a Verified Paypal Premier account. I remember that the "Monthly Withdrawal Limit" used to be around 20,000 USD a while ago..but today I noticed that its only 2,500 USD per month....
did paypal change the limits recently or is it just with my account ? any info would be highly appreciated.

Thanks

 

If I recall correctly, they raised to the US$20k last year for a while and then brought it back down again before the start of this year.

 

Thanks a lot eddy
thats a very sad thing as 2500$ is really low. I wish it were atleast US$10k/month ...is there no way one could increase the limits ?

 

Why not get a business account ?

What is the withdrawal limit for a personal account ?

 

Just get yourself a credit card, it's easier.

 

Even for verified business accounts, monthly limit is $2.5K, very inconvenient

 

I think it is all the accounts that the limit is $2.5K.

Their strategy is this:
If they keepp your money longer, the more interest they can make off it by investing it until you collect it

 

100% true... they make money from your money....

 

That make sense in their point of view but no gud for their clients but can't help.

 

I understand holding our money generates interest. However, I've never understood the concept of limits in terms of PayPal's overall business plan. Don't they want as much money flowing through PayPal accounts as possible? Also, I'm assuming the PayPal mass pay business feature isn't included within the monthly limits? Thanks!

 

Setup more accounts and in effect it would increase limits.

 

So if you are making $20000/month during a year, it will take 8 years to have all your money ...LOL, all that time paypal earns interest on your money

Paypal is a joke for serious business !

 

forget 20k, i only get 500.00 withdrawal limit a month.. i wish they made it to 1000.00