Forum

how much is to much to transfer from paypal to bank?
 

i know that sending large amounts like $10,000 will raise red flags all over the place.
what if you just paypal to lift your limits past $500 and are able to send as much as you want?
should i transfer small chunks of cash every few days or it doesnt matter how much i transfer in one shot?

Can not just go apesh*t with transfer - small and slow.

They're going to figure it out and limit you if you have thousands in the account and transfer $500 at a time; you think Paypal is stupid? They know what you're doing! Of course, this implies Paypal is leery of you in the first place.

I have one established paypal where I've been transferring $500 at a time for 2 years, sometimes twice a day and I don't even have an active phone # attached.

how is that jbluntz we need to talk g

of course paypal knows how much money i have in the account.


why would they limit me if i send small amounts? iv already confirmed a CC and have no more limits.
before that i was sending out increments of $100 a week.

Might have something to do with what you're selling.

i dont have any limits on my paypal now.
i would liek to keep it that way.

all im asking is transferring to much at one time a bad thing?

I have one established paypal where I've been transferring $500 at a time for 2 years, sometimes twice a day and I don't even have an active phone # attached.

They probably don't think you're a big risk. Paypal has limited people for transferring $2. The OP is worried about getting limited, implying that he thinks his selling activities will draw scrutiny. Then again, maybe he has $30,000 in the account, and that's just foolish.

always under $500

how much is to much to transfer from paypal to bank?
 

Do you mean it save to transfer under $500/day?

This week am reaching $4K. I need more advice?

/quote

Do you mean it save to transfer under $500/day?

Never assume that what works for one person will AUTO work for you - a lot depends on the risk identification of your account.

1st q omace97 - of the 4k in your pp, how much came in the past 2 weeks? past month? past 60 days? Post up and let's get a discussion going.

yes i think everyone sells at a different pace.
my situation is that i was limited to $500 a month, transferring about $100 every week until the month ended...then started anew next month
i just lifted those limits...will sending more send any flags?

ido want whats in the account out of there.
it is less then 3 thousand.

If transferring $100 a week has been working for you, why not stay with it? Maybe try boosting to $200 but still...always a risk.

i always alternated what i sent per month. i only had up too $500 per month to transfer.
i would do $100 a week or do $250, $175 and $75. always alternating.

why would it be risky? i mean it sounds like im asking a dumb question, but what would paypal see that is bad in the account?
of course, it is all stealth..butat the same time, im small fish compared to what others transfer.
the items i sell are low risk and cost between $10-$30 at most with some other items barley hitting the $75 mark.

i hate that money is in my paypal. i do liek keeping it for ebay invoices or refunds if nessacary.

/quote

what would paypal see that is bad in the account?

That depends on what you do with your account and how pp sees it - I can't guess that...cmon ha.

/quote

im small fish compared to what others transfer.

Don't matter - pp would rather weed out 1000s of small fish to deal with potential fraud in the brewing if you think about it.

/quote

i hate that money is in my paypal

If you hate it (and rightfully so I would agree) then consider cajoling customers into paying via other methods...just an idea if your items are low risk and you have good eb cred.

by hate i mean..i hate that its ther=re all the time. im not in a rush to withdrawal it all...but as we know..there are horror stories on here.
bottom line..im not doing anything on paypal or ebay thats suspect.

either way, like you said...everyone account is different.
i set up everything on paypal and ebay so i dont have an issue.
hopefully

Call them first and do the transfer with rep on the phone. Tell them you have never done withdraw so large and wanted a "walk through".... If something goes automated the agent is there to fix it up.

This has worked best for me with large transfers... Oh and make sure to get name and extension if possible. Something happens later then say agent XXXXX helped me do it...

Great idea njm

thats is a good idea,

I dont think any certain method is a sure fire winner. Whats worked for me for years is this:

I NEVER withdraw more than 50% of the balance. I ALWAYS wait for my withdraw to go from pending to completed before I do another. I NEVER take out more than $900 in a single withdraw. These are the methods that work for me but certainly doesnt mean it will work for you. I also sell legit stuff and ship in a timely manner.

Good point cruiserdaddy - especially that 50% point.