Added new Bank account , tried to withdraw, and BAM limited-help plz
As the topic suggests, my paypal account got limited as soon as i tried to withdraw from my newly added bank account. They want me to confirm my identity by changing password, changing security questions, and confirm ID by a photo id or credit card.....Anyone been in this boat before and have any pointers or tips and can tell me typically what will happen next? this kind of limitation is a first timer for me! thanks guys!
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This is a pretty easy one to fix. The first two such as changing your password and security questions is pretty much a no-brainer. Just go in and complete those steps. Then just fax over a cc or id that will get the account verified. After you do that they will unlimit your account.
How much did you attempt to withdraw from your account? You don't want to attempt to withdraw all of it at once since it is a new account.
How quick after adding this did you try to withdraw?
Sometimes if you do it right away it will draw up the red flag and ask for verification.
On these accounts you really need to go slow and never get yourself in a hurry to make moves like this for a few days or so.
For me, I have a habit of not withdrawing any monthly of a new account unless 1. It gets up in the hundreds quickly 2. I always wait at least a week after some selling goes on and I add my information.
I am very paranoid about losing any account I worked hard to grow or working on so I never take risk and never rush things.