Hi... I have a Premier PayPal account and I will be receiving around 2000 $ per day on my Paypal from my clients overseas. So,a monthly turn over of around 50-60k USD.. Is it fine for my Premier Account or there are some extra formalities for such big amounts per month in payPal ?? Let me know. I dont want to hang in the middle .
I think better for you to call paypal customer care through phone support and let them know of this as $2000/day is a big amount. They will guide you further in this IMO. DON.
Yes PayPal have no problem with this kind of amount but for your safety it's better for you to switch to Business Account!
Well, I have to wait for my new office to get done,till I can register myself as a company. But can I upgrade this same Premier account of mine to Business account ?? I think,for Business account, we have to make a new account with Business name and a credit card on business name . Am i right ?? Well bro, so 2000$ is getting big for premier account Im sad..
Paypal charges a very high % as fees and if such transactions are going to happen daily, is it not better for you to arrange direct credit of this money into your bank account through wire transfer or some similar mode? Such big transactions would tear away good amount as fees and so was just thinking loud, in order to save you from ridiculous transaction charges! Regards, RightMan
Ah yes, I forgot about that.. But I guess, Western Union wont allow more than 5000$ / year. Thats a bad stuff , or else, I love Western Union a lot.. Am I wrong ?? And for Wire Transfer, it takes a lot of time and my client has to run to bank always for that.. We need an easy online way, so that its easy for money transfer as we are going to start heavy sales by this month. Suggest me something good friends
Isnt it possible for you to transfer from Thier Bank to your Bank this would have least or maybe no fees at all
We are at India and our customers are at US. I never used Xoom. How is that ? Paypal really sucks a lot as taxes. I think,best is Western Union, but is there any way, so that the customer can do Wire Transfer Online at US ?
How to do that direct bank transfer ?? I think,direct bank transfer is only via Wire Transfer. Are you talking about something else buddy ?
read http://bestarticlesguide.com/best-ways-of-sending-funds-to-india-from-america.html u may get some idea