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Old 04-22-2016
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Default safety steps for new pp with bank

Hi i created a new business pp today and attached my bank, i already send 70 bucks to it, but i dont want to push it and risk limitation, what are the safelty tips for a new pp like this? How much can it take without limitation ? I know that you should let the pp sit before you withdraw it to your bank, but what is the amount thats safe to withdraw on a new pp?
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Old 04-22-2016
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Default Re: safety steps for new pp with bank

For new accounts you don't want to send/receive/withdraw too much too quickly. There's no magic number so you just have to use your best judgment.

$70 is fine for a first payment (as long as it didn't come from another Paypal account you own of course). Just don't suddenly receive or send $700 next. It's best to build a pattern so that Paypal gets to know you and your habits, and to mix in other activities (likes purchasing items) so that your account seems less "stealth" and more "real".

In terms of withdrawing, I say leave at least 10% of your Paypal balance in your account each time. Personally I leave at least 15%. And you always want to make sure you have enough in your account to cover potential cases/returns etc.
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Old 04-23-2016
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Default Re: safety steps for new pp with bank

Right, establish a patter of transactions and try to stick to that..

I rotate between accounts, trying not to have too much go through one account or another but at the same time keeping all accounts active.

Of course try and stay under limits if that's your goal.

eBay Stealth will give you some good ideas as well.
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Old 04-23-2016
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Default Re: safety steps for new pp with bank

Start with a sub-$50 withdrawal and aim for every few days - slowly ramp up from there
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