Withdrawal Limitation on New PayPal account - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > PayPal Talk

PayPal Talk PayPal Forums. General issues related to PayPal.

Reply
 
Thread Tools
  #1  
Old 09-04-2014
Junior Member
 
Join Date: Sep 2014
Posts: 39
Thanks: 38
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 55%
iTrader: (0)
Default Withdrawal Limitation on New PayPal account

Hi,

It seems like for a PayPal account, you can withdraw only $500/month unless you provide them your SSN

Does it mean my monthly sale can not exceed $500?

Can I transfer the money in Paypal account to a friend? Or It will raise a flag to Paypal?

-Thanks
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 09-04-2014
JamesNorth101's Avatar
Executive [VIP]
 
Join Date: Apr 2013
Posts: 20,073
Thanks: 2,424
Thanked 5,197 Times in 3,996 Posts
Activity: 27%
Longevity: 63%
iTrader: (462)
Default Re: Withdrawal Limitation on New PayPal account

It is not a good idea to transfer money from your PP to your friends PP. It will link the accounts and can be dangerous
Reply With Quote
The Following User Says Thank You to JamesNorth101 For This Useful Post:
namjonesvn (09-04-2014)
  #3  
Old 09-04-2014
Junior Member
Threadstarter  
 
Join Date: Sep 2014
Posts: 39
Thanks: 38
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 55%
iTrader: (0)
Default Re: Withdrawal Limitation on New PayPal account

Quote:
Originally Posted by JamesNorth101 View Post
It is not a good idea to transfer money from your PP to your friends PP. It will link the accounts and can be dangerous
James,

Will the limit eventually lifted or it is permanent?

How do I deal with that limit?

Thanks
Reply With Quote
  #4  
Old 09-04-2014
Executive [VIP]
 
Join Date: May 2009
Posts: 2,578
Thanks: 214
Thanked 673 Times in 502 Posts
Activity: 0%
Longevity: 86%
iTrader: (5)
Default Re: Withdrawal Limitation on New PayPal account

You can lift the $500 withdraw limit by completing any of the two items:

-Confirm SSN
-Verify Credit Card
-Very Bank Accoutn

You do not necessarily need to confirm your SSN.
Reply With Quote
The Following 3 Users Say Thank You to BiN4RY For This Useful Post:
namjonesvn (09-04-2014), rsot (09-05-2014), yankee (09-05-2014)
  #5  
Old 09-04-2014
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 42,343
Thanks: 5,612
Thanked 9,142 Times in 7,106 Posts
Activity: 0%
Longevity: 96%
iTrader: (6)
Default Re: Withdrawal Limitation on New PayPal account

Quote:
Originally Posted by namjonesvn View Post
Hi,

It seems like for a PayPal account, you can withdraw only $500/month unless you provide them your SSN

Does it mean my monthly sale can not exceed $500?

Can I transfer the money in Paypal account to a friend? Or It will raise a flag to Paypal?

-Thanks
Check exactly what paypal want to allow you to increase your monthly limits.

Look for all options. They exist.

Avoid transfers between friend's accounts. Creates links & may make troubles.

Good Luck.

Reply With Quote
The Following User Says Thank You to GreenBean For This Useful Post:
namjonesvn (09-04-2014)
  #6  
Old 09-04-2014
Junior Member
Threadstarter  
 
Join Date: Sep 2014
Posts: 39
Thanks: 38
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 55%
iTrader: (0)
Default Re: Withdrawal Limitation on New PayPal account

Can I use the same PayPal account for my Ebay account and Etsy account?

-Thanks
Reply With Quote
  #7  
Old 09-04-2014
yankee's Avatar
Executive [VIP]
 
Join Date: Nov 2013
Posts: 8,983
Thanks: 2,744
Thanked 3,108 Times in 2,282 Posts
Activity: 0%
Longevity: 60%
iTrader: (2)
Default Re: Withdrawal Limitation on New PayPal account

Quote:
Originally Posted by namjonesvn View Post
Can I use the same PayPal account for my Ebay account and Etsy account?

-Thanks
Sure, but why would you want to? Spread the risk.
Reply With Quote
  #8  
Old 09-04-2014
Junior Member
Threadstarter  
 
Join Date: Sep 2014
Posts: 39
Thanks: 38
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 55%
iTrader: (0)
Default Re: Withdrawal Limitation on New PayPal account

Is it risky because I will have 2 sources of money going to a same Paypal account?

If so, Can I use my sister 's Paypal account (non-stealth account) for Etsy?

Since Etsy and Paypal are 2 different companies, the information do not have to match. Am I right?

Thanks
Reply With Quote
  #9  
Old 09-05-2014
GreenBean's Avatar
Executive [VIP]
 
Join Date: Sep 2007
Posts: 42,343
Thanks: 5,612
Thanked 9,142 Times in 7,106 Posts
Activity: 0%
Longevity: 96%
iTrader: (6)
Default Re: Withdrawal Limitation on New PayPal account

Quote:
Originally Posted by namjonesvn View Post
Is it risky because I will have 2 sources of money going to a same Paypal account?

If so, Can I use my sister 's Paypal account (non-stealth account) for Etsy?

Since Etsy and Paypal are 2 different companies, the information do not have to match. Am I right?

Thanks
this is where you should try to think true stealth.

No need to involve your sister. Tax issues for a start might come into play.

What are your plans going to be?

Are you making stealth ebay & etsy accounts?

Reply With Quote
The Following User Says Thank You to GreenBean For This Useful Post:
namjonesvn (09-05-2014)
  #10  
Old 09-05-2014
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 75,855
Thanks: 5,926
Thanked 8,909 Times in 8,202 Posts
Activity: 99%
Longevity: 83%
iTrader: (7)
Default Re: Withdrawal Limitation on New PayPal account

Quote:
Originally Posted by namjonesvn View Post
Is it risky because I will have 2 sources of money going to a same Paypal account?

If so, Can I use my sister 's Paypal account (non-stealth account) for Etsy?

Since Etsy and Paypal are 2 different companies, the information do not have to match. Am I right?

Thanks
Don't play with your sister's info/account
Reply With Quote
The Following User Says Thank You to rsot For This Useful Post:
namjonesvn (09-05-2014)
  #11  
Old 09-05-2014
yankee's Avatar
Executive [VIP]
 
Join Date: Nov 2013
Posts: 8,983
Thanks: 2,744
Thanked 3,108 Times in 2,282 Posts
Activity: 0%
Longevity: 60%
iTrader: (2)
Default Re: Withdrawal Limitation on New PayPal account

Risky meaning if you have a paypal problem, then it effects both selling platforms. Other than that it is not risky at all.
Reply With Quote
The Following User Says Thank You to yankee For This Useful Post:
namjonesvn (09-05-2014)
  #12  
Old 09-05-2014
Junior Member
Threadstarter  
 
Join Date: Sep 2014
Posts: 39
Thanks: 38
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 55%
iTrader: (0)
Default Re: Withdrawal Limitation on New PayPal account

Quote:
Originally Posted by GreenBean View Post
this is where you should try to think true stealth.

No need to involve your sister. Tax issues for a start might come into play.

What are your plans going to be?

Are you making stealth ebay & etsy accounts?

I have setup stealth EBAY and ETSy account (not stealth Paypal yet_ still have to get a tracphone)

I plan to use the same Paypal for both Ebay and Etsy ( info matches between 3 accounts)

I guess it would be safer to do that than using my sister good Paypal
account

I am just gonna sell cheap items ($10-$20 each) so my money coming to Paypal prob abound 500- 800 max per month

Last edited by namjonesvn; 09-05-2014 at 09:29 AM.
Reply With Quote
  #13  
Old 09-05-2014
JamesNorth101's Avatar
Executive [VIP]
 
Join Date: Apr 2013
Posts: 20,073
Thanks: 2,424
Thanked 5,197 Times in 3,996 Posts
Activity: 27%
Longevity: 63%
iTrader: (462)
Default Re: Withdrawal Limitation on New PayPal account

I would build up to $500/800 over the course of 2/3 months.

Bare in mind you may be required to provide EIN by PP if you hit a certain limits.
Reply With Quote
The Following User Says Thank You to JamesNorth101 For This Useful Post:
namjonesvn (09-05-2014)
  #14  
Old 09-05-2014
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 75,855
Thanks: 5,926
Thanked 8,909 Times in 8,202 Posts
Activity: 99%
Longevity: 83%
iTrader: (7)
Default Re: Withdrawal Limitation on New PayPal account

Good idea to stay stealth - get the PP up and going.
Reply With Quote
The Following User Says Thank You to rsot For This Useful Post:
namjonesvn (09-05-2014)
  #15  
Old 09-05-2014
yankee's Avatar
Executive [VIP]
 
Join Date: Nov 2013
Posts: 8,983
Thanks: 2,744
Thanked 3,108 Times in 2,282 Posts
Activity: 0%
Longevity: 60%
iTrader: (2)
Default Re: Withdrawal Limitation on New PayPal account

Quote:
Originally Posted by JamesNorth101 View Post
I would build up to $500/800 over the course of 2/3 months.

Bare in mind you may be required to provide EIN by PP if you hit a certain limits.
Another good reason to have one paypal account for each selling platform.
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
withdrawal PP limitation using an old bank account??? BerryBlue Subscriber Discussions 4 01-08-2014 05:08 PM
PayPal withdrawal to bank account under different name yaangzee PayPal Talk 0 08-18-2012 12:09 AM
paypal account first withdrawal adrianr03 Subscriber Discussions 1 11-09-2011 12:17 AM
ETRADE No longer an option for PayPal Withdrawal Or ACH Deposit or Withdrawal designbuyers eBay & PayPal International 6 11-07-2010 06:29 PM
Paypal Limitation and also Ebay Limitation - any words of wisdom rakauto UK eBay & Paypal 3 12-17-2008 09:36 AM


Aspkin Group

All times are GMT -5. The time now is 01:09 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58