Need Paypal advices to not trigger Flags!
Hello Everyone!
Hope you guys are doing great with your bussiness!
I got permanently limited with my last paypal. It was one of the most horribliest experience. I was litteraly broke since all my money was in paypal. I was stupid to not withdraw my funds everytime I made a sale. [Guys, WITHDRAW MONEY AFTER YOU MAKE A SALE] I was feeling uneasy with that amount of money in my pp acct so I made 2 withdraw to my 2 seperate bank. A $5000 and a $4000. It was 2/3 days after that I was notified that my PP was permanently limited and had to wait 180 days until I can withdraw my funds.
It was a couple days later that I saw paypal took back the $9000 I had ALREADY processed to my bank. They limited me since they consider my items (I have been selling for 2 years with great feedbacks) were high risks (I sell electronics).
I am buying/making a couple of stealth accts now and wanted to be more careful with my PP.
What are some advices you guys can give so that it would not raise attention to PP?
Here are some of the things I have heard and want to clarify that it is true.
1. I have heard that you should not have more than $20,000 in your account?
2. Should not withdraw more than $500 each withdraw?
Any advice would be greatly appreciated!!
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