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is this normal for paypal now?
 

I have just received an email from my Australian stealth paypal account, I have a ⊗⊗⊗⊗ name but use my real bank account and vcc for credit card, I did one transaction where i took money from my bank into my paypal account and paid for something on ebay, which shouldn't be anything unusual for the average ebay paypal user..

PayPal is dedicated to maintaining online security of the highest levels and as part of PayPal’s commitment to enforcing Anti-Money Laundering laws, this process ensures the safety of all PayPal members.

PayPal’s authentication process is similar to the “identity check” you go through when you open a bank account.

WHAT HAPPENS?

We will need to authenticate your PayPal account when it reaches $1000, however we will check your details electronically before you reach this limit and usually, you won’t need to do anything extra. However, if we can’t authenticate your information electronically, we’ll contact you to ask for documents to support your registration OR, to update your details.

So just out of curiosity does paypal do this for everyone now? Anyone else get this email?

Yes everyone in Australia gets this email. You will have to send them documents to verify your ID and address when you hit the $1000 limit.

is that total money in the account or going out

Total incoming money that you receive...