What's the max amount of money you should take in a PayPal premier account

[jonnytidd]

in one month

[tannedweekend]

Originally Posted by jonnytidd

in one month

I do believe most important factors are how strong is your account.
For new account they might ask invoices and so on even on 1K

[jonnytidd]

Any one else with a answer ?

[e2free]

Originally Posted by jonnytidd

Any one else with a answer ?

It's depends on your account history
If you have regular business then any amount is ok but if your sale suddenly increased they will call you

All depends on your own account

[tannedweekend]

Originally Posted by jonnytidd

Any one else with a answer ?

From my experience i was asked for Invoices and ID verification for ammounts 1K+ a month for new accounts
Never been asked for these at even over 4K for strong accounts
So i will say all depends how strong account is

I would say safe 1 month upto 500
next upto 1000
than 1500
and so

This is just idea.It all depends on categories and so on
But PP does not like spikes and for sure does not like too much funds too quickly

[yaBeh8ater]

i do $500 every week on brand new accounts. very rarely hit bumps. just got 4 payments that are being reviewed. first time in 6 months i hit a paypal bump.

[GreenBean]

Originally Posted by jonnytidd

in one month

What is worrying you that you need to ask this question?

Maybe explain that for responses....

Keep in mind all of us work differently and what is fine for me, may not be OK for you.

Looking forward to your reply.

[jonnytidd]

Because I'm useing a account I brought off here for a lot of money

[rsot]

Keep in mind that paypal can limit based on PROJECTED sales rate...also a lot depends on what you are selling jonny...any risky business? knockoffs? branded items?

[yaBeh8ater]

Originally Posted by jonnytidd

Because I'm useing a account I brought off here for a lot of money

there's a difference between brought and bought. just saiyan.

[Nyco]

lol im sure he'll be back inquiring about his paypal being limited & how fast he can get that money lol... hey buddy i smell a 180 day limitation coming on lol

[GreenBean]

Originally Posted by jonnytidd

Because I'm useing a account I brought off here for a lot of money

If that is the case, my expectation would have been to have spoken in depth to the seller about issues.

I hope you did that.


Your new account will need nuturing as you let it grow to maturity.

Plans of burn and churn no longer work for paypal UK.

You will need to be careful about amounts being brought in to the account.
Keep in mind the anti-money laundering limits as you approach £1900.
First "sniffs" of issues, paypal UK will clamp down.

Avoid that. Keep on asking the questions so you do NOT get surprised by paypal.

Good Luck.

[GreenBean]

Should have gone back to the thread below....

http://www.aspkin.com/forums/paypal-...uch-money.html


If your aspirations are for such a high amount to be sold

TREAD VERY CAREFULLY!

Also, branded items etc, are going to bring unwelcome attention in the early days...

http://www.aspkin.com/forums/ebay-di...ple-items.html

Read about the risks of risky items x

[Sistermoon]

Originally Posted by GreenBean

If that is the case, my expectation would have been to have spoken in depth to the seller about issues.

I hope you did that.


Your new account will need nuturing as you let it grow to maturity.

Plans of burn and churn no longer work for paypal UK.

You will need to be careful about amounts being brought in to the account.
Keep in mind the anti-money laundering limits as you approach £1900.
First "sniffs" of issues, paypal UK will clamp down.

Avoid that. Keep on asking the questions so you do NOT get surprised by paypal.

Good Luck.

Do you think woul dit be a problem if payments are Sent via gift? would paypal care where they come from? and why?

[rsot]

Originally Posted by Sistermoon

Do you think woul dit be a problem if payments are Sent via gift? would paypal care where they come from? and why?

Sending those kind of payments can be risky - especially repetitively...Paypal is aware of these kind of "bypasses"....even one time gift payment can cause security flags to be tripped

[yaBeh8ater]

Originally Posted by rsot

Sending those kind of payments can be risky - especially repetitively...Paypal is aware of these kind of "bypasses"....even one time gift payment can cause security flags to be tripped

I send gift payments all the time. Been doing it for 5 years. Yes I do sometimes get limited but it's so rare I don't give a *hit.

[jeffweico]

I would never take in more than $5,000 per month on a stealth account. This is the level at which they start to do risk assessment and underwriting on most merchant accounts. They want to understand your business and make sure that you can handle any problems that may come your way, that they will not be left holding the bag, so to speak, if anything goes wrong.

Merchant account providers do this upfront. They get your SSN, financial statements and will look up any previous processing history you may have. PayPal does this on the back end.

Typically what will happen is that you will either receive a call from them, or they might even limit your account. They will ask for an SSN, even if you already have an EIN on file. That is because they want to check your credit history. After all is said and done, your account would be evaluated to see if they wanted to place a rolling reserve on some of the funds to cover any refunds or chargebacks that may happen. The better your credit and financial data, the less likely they are to require a rolling reserve.

Of course, for stealth accounts, the problem is that you cannot supply an SSN and even if you could, there would be no credit history for them to go over.

I'm sure my post is still around from several months ago, where I broke my own rule and lost an account. The account was an older one, was a TRS+ and had 99.9% positive feedback. Nothing high risk was being sold, so when sales started bumping up against the $5,000 limit, I just put off dealing with it. BIG MISTAKE! That one hurt!