For those of you who don’t know, Paypal is NOT A BANK. It is officially classified as a "Money Service". So that, PayPal does not have to follow Federal Banking Guidelines. These guidelines are to help protect an individual's bank account from being frozen without warning, explanation, or recourse, for months at a time. Sadly, PayPal continues to do this to many innocent, to thousands of PayPal accounts every month.
The complete step-by-step guide to get back to selling today!
If it's a stealth account you are lucky they aren't asking for a SSN #
They do want all 4. After you have submitted these 4 items be prepared to wait for up to a month or more for them to verify the information and lift the limitation.
Add and confirm a bank account:
Go to accountnow.com and sign up for an account. They will give you a account and routing number you can use to verify your account right away. They only check the numbers not the name or address.
Confirm Location:
Hopefully you listed an address you have access to. You have to request they send a conformation letter which will have a pin number inside you must enter on your account.
Provide Proof Of Shipping
For this you need one of the following:
USPS Delivery Confirmation number
FedEx Tracking Number
UPS Tracking Number
Fax or upload documentation
You could still accept payments on the limited account but it's possible that you might not get the funds for 180 days.
I have been using Google checkout for a few years for odds and ends and I have never had any problems with them. It's easy to sign up for an account. Just make sure you use your correct information. Everything.
CCNOW is a good alternative to a regular merchant account if you do low volume sales or have bad credit.
Before you make a decision on what to do, be aware of the fact that a "buyer" could potentially be an ebay employee posing as a customer.
The very first stealth account I had I was selling a pair of valve covers and was only accepting Paypal for payment. Right before the end of the auction a "customer" emails me asking If he can pay via money order. Well the address on my account was ****
so I wasn't accepting money orders for that reason. (This is back when you were allowed to accept checks and money orders).
The guy offers to pay an extra $10 if I were to accept a money order so I agreed. I told him to contact me if he won the auction and I would give him a different address to send the payment to.
After the auction ended he emailed me saying he won and that he was the one that I said could send the money order. I was suspicions right away because his user id was different than the first one he emailed me from.
Well I went ahead and gave him the address to mail the payment to which was my real address (a suspended address) and about 30mins later my account was suspended due to association with a suspended account.
I threaten to sue, sent a legal letter to paypal president. i received a call from one of their senior executive assistants, and he negotiated to release 50% this month and 50% next month.
The amount was $2500 and happened about 2 years ago.
Now my account is limited for $3000 because they figure out I supplied a ⊗⊗⊗⊗ ID, so they will not longer look at my case. i wonder if i can plead guilty this time.
My paypal account has been limited. So after 180 days will I be able to add a bank account to paypal to withdraw funds? I never had a bank account on file yet.
My paypal account has been limited. So after 180 days will I be able to add a bank account to paypal to withdraw funds? I never had a bank account on file yet.
ive always found uploading gets you up and running faster. They tend to "lose" stuff when you fax. Also when you upload always add a little contrast drop the brightness and make it in black and white so it looks like you scanned on an old scanner. Also makes the info come out a little fuzzy and looks more authentic
^^^ agree on how you prepare the stuff. When I fax papers I send 'many' copies and to different fax numbers. Someone ends up acting on them. I use a fax to prevent any linking of IPs
__________________ REAP WHAT YOU SOW. LIFE IS SO NOT FAIR.
I feel foolish asking this elementary question, but I want to be certain...
So if my pp account is limited, when does the 180 day count start? From the date of the limitation? Or from the time that I contact paypal and inform them I refuse to comply with their request of my SSN? In the first post of this topic from 2007 it says 180 days from the last transaction- I didn't know if that still held true or if it is outdated.
I just want to be certain bc I have several accounts in this situation currently, and I want to know exactly when my money will be freed up. Thank you in advance.
I have read a lot of conflicting info on these threads about the 180 days and withdrawing the money.
My pp account is limited.
If I do not provide any documentation, will I definitely be able to withdraw everything after the 180 days?
There is only a few hundred dollars in there.
It just got limited the other day and I have many unshipped orders. If I am definitely going to get the money in 6 months I might as well ship the orders.
If it is not certain, then I should refund them all.
Hey guys ! I am wondering what i should do. My paypal went down 3 months ago, so i am just about to get money back, hopefully..lol.. The problem is that my bank account which was linked to that paypal is closed, & i am not in US no longer. So can anyone tell me how i can whidraw money from my PayPal.. Thnx
I'm just wondering, next month, it should be 180 days for my paypal account, the problem is that my attached bank is now closed but the address on the paypal is mine, are they really going to refund me? I'm in Canada..
Why not just withdraw the money every day and never let more than a few bucks in there at a time then you wouldn't have to worry about it, every limited paypal I have has less than $100 in it or it's below zero.
I'm just wondering, next month, it should be 180 days for my paypal account, the problem is that my attached bank is now closed but the address on the paypal is mine, are they really going to refund me? I'm in Canada..
s7evin, lots have changed with paypal since this thread started. Just be aware of that
Did you get told by paypal they would give you the money back after the 180 days is over? If so, then you should get notice it's ready for release. You can contact them and discuss how to get paid
@jbuntz, the horse has already bolted. Hope that anyone affected applies your good advice for future accounts.
__________________ REAP WHAT YOU SOW. LIFE IS SO NOT FAIR.
