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Old 09-06-2016
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Default At what point do you stop using stealth account?

Have had a aco**** a year now, paypal asking for more info as coming up to $2500 sending limit.

At what point do you guys make a new account and leave the old one behind?
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Old 09-06-2016
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Default Re: At what point do you stop using stealth account?

Most people don't really they just get the limit removed
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Old 09-07-2016
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Default Re: At what point do you stop using stealth account?

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Originally Posted by JamesNorth101 View Post
Most people don't really they just get the limit removed
I thought i read somewhere on the forum when you go other a certain amount PP sends you 1099 and request tax details?
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Old 09-07-2016
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Default Re: At what point do you stop using stealth account?

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Originally Posted by bonedaddy101 View Post
I thought i read somewhere on the forum when you go other a certain amount PP sends you 1099 and request tax details?
You in the UK or US?
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Old 09-07-2016
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Default Re: At what point do you stop using stealth account?

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Originally Posted by Play View Post
You in the UK or US?
I am From UK
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Old 09-07-2016
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Default Re: At what point do you stop using stealth account?

Quote:
Originally Posted by bonedaddy101 View Post
I thought i read somewhere on the forum when you go other a certain amount PP sends you 1099 and request tax details?
That is in the US

In the UK we just have an EU receiving limit
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Old 09-07-2016
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Default Re: At what point do you stop using stealth account?

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Originally Posted by JamesNorth101 View Post
That is in the US

In the UK we just have an EU receiving limit
Great news, so you can run stealth accounts the same as a normal really and dosent much how much you sell or recive in pp etc?

Last edited by JamesNorth101; 09-07-2016 at 06:38 AM.
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Old 09-07-2016
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Default Re: At what point do you stop using stealth account?

That's correct bonedaddy.

Keep running those accounts indefinitely.
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Old 09-07-2016
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Default Re: At what point do you stop using stealth account?

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Originally Posted by bonedaddy101 View Post
Great news, so you can run stealth accounts the same as a normal really and dosent much how much you sell or recive in pp etc?
Pretty much in theory when the receiving limit is removed

Naturally though if you started getting 10k's a week into the account PayPal may need to do further checks.
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Old 09-09-2016
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Default Re: At what point do you stop using stealth account?

So, as other members have already confirmed, It's possible lift your EU receiving limits by submitting documents to PayPal.

But, in case you are not willing to provide docs and let the €2,500 limit get reset after 1 year and use the same account again. you should not reach €1,800 (Payments received in 12 months). Otherwise you will have to provide docs even if you don't hit the €2,500 limit, or the account will be limited.

Again as @JamesNorth101 said, Most people get the limit removed
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