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Verified Premier PayPal Account - Withdraw Limit?

Discussion in 'Payment Processing' started by flexcarrera, May 1, 2012.

  1. #1
    Good evening folks,

    I'll be receiving approximately $3500 to my PayPal very shortly, I'm based in the UK so this will need to be converted at some stage. I'm looking to withdraw it to my bank account today as well, however after reading through some horror stories in regards to withdrawals, further verification and general problems, it's worrying me slightly.

    I've been a verified member for approximately 5 years, I have both my bank account and credit card attached to the account.

    I'm struggling to find any valid direction in my account as to my current withdrawal limits, if any.

    Do any of you have any experience withdrawing this amount of money?

    Many thanks
     
    flexcarrera, May 1, 2012 IP
  2. jahmella1

    jahmella1 Peon

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    #2
    Well there is a section called "limits" or "view limits" and it will tell you what you limit is or whether your limit has been "lifted" for verifying your account! :) If you have anymore question shoot me a messgae!
     
    jahmella1, May 4, 2012 IP
  3. crippler

    crippler Peon

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    #3
    well if the account is varrified as you say it is then there is realy no limits . I have professional varrfied account. I get 2k-3k $ per week into my paypal witch i then transfer to my bank account without problems
     
    crippler, May 10, 2012 IP
  4. jahmella1

    jahmella1 Peon

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    #4
    Yes, as long as your account is verified your "limits" will be lifted! :) hope that helped!
     
    jahmella1, May 10, 2012 IP
  5. justjewellery

    justjewellery Peon

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    #5
    Should be no withdrawal limits on a verified account I withdraw £1000's per week with no problems to a UK bank account normally takes about 2-3 days to get to your account
     
    justjewellery, May 11, 2012 IP
  6. bakaisco

    bakaisco Peon

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    #6
    Hi, that seems interesting wish it was mae withdrawing £xxxxx to my acc a week lol, if only hey could sell a few domains :(
     
    bakaisco, May 11, 2012 IP
  7. 2k8bomb

    2k8bomb Peon

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    #7
    No limit! [​IMG]
     
    2k8bomb, May 11, 2012 IP
  8. sjana700

    sjana700 Peon

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    #8
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    sjana700, May 11, 2012 IP
  9. justjewellery

    justjewellery Peon

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    #9
    and this is relevant to this thread how? if your looking to sell something I suggest you post it to the correct forum
     
    justjewellery, May 11, 2012 IP
  10. lifeplayer

    lifeplayer Notable Member Premium Member

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    #10
    Log into your account and then Click the 'View Limits' link on the ‘Account Overview’ page
    it will show you the limit
     
    lifeplayer, May 13, 2012 IP
  11. Ryanloop

    Ryanloop Peon

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    #11
    I'd have to disagree with the other posters. The limit on a Paypal debit card is $3000 USD per day, not sure about bank transfers. Try to move that money into your bank account as quickly as possible. Because if they take notice of the sudden increase of activity and freeze the account, any money in it could be tied up for months. They'll probably ask for things like a business license and information about the transaction in the meantime.

    Regards!
     
    Ryanloop, May 14, 2012 IP
  12. Sebastian Bermudes

    Sebastian Bermudes Peon

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    #12
    Don't withdraw too soon.

    Basically they just want to make sure there's no one reversing the transaction and leaving them in cold.

    Wait for a while. Then withdraw your money. Shouldn't be a problem.
     
    Sebastian Bermudes, May 14, 2012 IP
  13. vip123

    vip123 Greenhorn

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    #13
    As long as you are verified you are fine. If you check your withdrawal limit it will tell you what your limit is if you have one
     
    vip123, May 16, 2012 IP
  14. Arjianwen

    Arjianwen Peon

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    #14
    I advise never...it should be easy for yu if the sender sends via wire...just think if paypal limits your account after you recieve 3500 ? and it will take you like atleast 1 week to console them and get your money , some times more and some times never...i have had experience..
     
    Arjianwen, May 16, 2012 IP