I just opened a paypal account, and added my credit card... and immediately it says i am able to transfer 4000 dollars... how is that so? or is that assuming my credit card has a 4000 dollar limit?
I'm not verified though... all i did was enter my cc details... there was no charges that i had to call my bank and ask for the amount etc to type in... i'm guessing they have just limited my account to 4000 dollars... but i must have 4000 dollars available on the card to be able to spend that much.. is this correct?
the exists while you are unverified. It will be waved once your credit card is charged with 1.95 USD. u need not worry as they deposit a sign up bonus of 1.95 into your paypal
The limit is different for different regions. In Norway you get a free limit account or used to. In poland you get a limited account with 500 usd. But they have a verification process you have to go through and they generally increase the limits on your account. Hope this info helps you. Good Luck. DL