Hello, I need help! I have a personal UK paypal account that is linked to UK bank account Initially my paypal account was not verified and I had a limit of £1700 receiving and withdrawing per year.Once I verified my account the "limits" link disappeared from my account page.When I looked at paypal limits policy I found the followingayPal is also obliged to comply with EU anti-money laundering and 'Know-Your-Customer' regulations, which require us to place an annual receiving limit of £1,700 on PayPal accounts. If your account is nearing this limit, you will receive notification of this and will be asked to complete a number of Verification steps to lift it. ‘Verified’ customers will have completed some of these steps already." Now I am not sure if this limit applies to unverified accounts only, or to verified too? I hope I made my question clear Looking forward to hearing expert's answers Thanks
You answered your own question so this means that there will be some steps that you will need to make to raise the limit once you reach it. but not as many steps as if you had an unverified account.
are you using personal account? try to upgrade to business account and i believe the limit will be dramatically increase.