Hi All, I have Paypal Personal Verified account. I can withdraw about $2500 to bank account / cheque. I had earlier used Bank Account withdrawl in 2009 and each and every month the limit used to reset back to $2500, on the day when the withdrawl was completed. Eg: If withdrawl is done on 20 Oct 2009 - reset back to $2500 on 20 Nov 2009 Last month I withdrew $2500 by cheque due to the problems with PP on 11-Mar-2010 Now I got my cheque to my house and even deposited amount by say 25 Mar 2010. But I see that the amount has not reset back to $2500 even on 26-Apr-2010, even though a month has passed since the cheque has cleared. Can some of you throw some light on when does this withdrawl limit get reset. Only Personal verified accounts please, becos I know Premier verified accounts have unlimited withdrawls.
I have faced this problem, banks don't update USD fast, they take more than month if USD rate is change to increase then they wait. Don't worry they pay you but late.
What I don't understand is, my brother too had withdrawn the same amount just 2 days later and his limit has gone back to the original $2500, but mine has not. I'll wait till the end of this week and then contact Paypal.
Usually... their system does update the withdrawal limits very efficiently and automatically each month but if the same has not happened for you... you can have the same brought to their notice, for manual updation! Regards, RightMan
The CC on my brother's account is expired but the amount has got reset. Whereas the CC on my account is still active.Can I remove the CC and add another card or maybe even add the same card, will it reset then. Any ideas.? Calling them is not an issue, but they don't have a toll free number
Why is that Paypal does such abnormalities with Indian accounts only? You call them or write to them, there's only one standard answer, we cannot help you? What are Cust service reps hired for then?
I also have some problems increasing my daily withrawal limits - stuck at $500... Tried to email them and have not gotten a reply since yesterday.... *sigh*
Have you ever received such communication yourself? I doubt if Paypal gives such reply as standard reply as they would surely give out a reason at least... if they are not able to assist you! For the current problem of yours... I do not think the help is beyond their capacity and they would surely entertain your request! Regards, RightMan
@Dracs Can you please post your response once you get a reply from Paypal. They haven't replied to me too. By the way, what is daily withdrawl limits - I believe it's only monthly withdrawl limits for Personal verified accounts. Are you a premium user? In any case please post your reply, as they seem to be too slow on responses nowadays
Have not gotten a response yet.... I have a premium account that is why my daily withdrawal limit is $500. But I do need to increase it to lessen the fees I incur whenever I need to withdraw more than my limit.