Forum

Paypal question
 

So, I am extremely new here, and I was wondering. I have 2700$ that I need to get by selling an item. I can't withdraw the money to my bank, but I am able to send it to my other paypal.

Will I be able to receive that much of amount without being limited?

My stealth account has been aged for 1 month and 3 weeks.

All I be able to transfer it to my account quick enough before I get limited?

How long should I wait before I sell it?

I would not even chance it or try it with paypal unless you can refund and get payment again or can wait the 180 days. That is huge amount to paypal on a one month old account.

So how long would you recommend waiting? :/

That is a lot to be pushing through a relatively new account in one go.

Hmm...how much is recommended that I put on the account?

waiting and doing other things is not the key, the key is making sure you can recover it when it is hit, you can try a million things and no one will guarantee it will work, the only thing is the get the money out strategy if it does get it hit which I would say is a 90% chance.

Well, I mean, I'm pretty sure my stealth account will be limited, but doing the transfer of money, will it be possible? Like, receive the money, then send it straight to my real account. Will the payment be reversed? Will I have enough time to send it to my real account? I already know that I'll be getting limited, but will I still be able to have my money?

90 percent chance of NO way, your missing the point you need to know what you are going to do if you dont get the money out of it and not how you are going to get it out

Well lets say that I will be able to get the money back, can I still receive the money in the end?

If that is the case than try it worse case you lose the account

.

Have you sold the item already?

If so, 1 item for $2700, wow.

The problem with paypal is that you can never be 100% sure what will happen - sending such a big amount to another account is begging to be seen as risky my paypal and limitation may result.

Why cant you do slow withdrawals to a bank? Is there any reason behind it? In the US, you have soooo many banks to work with... bank withdrawal is a good and safe way to slowly withdraw

Too dangerous. Will link your accounts and cause issues.

Rarely. Many users recently have transferred lower amounts and got limited.

No. Poor method to get your own funds. Pick another way.

Wait until you work out a better method.

Your plan is faulty. Why can you not use a bank account
Why are you thinking this type of workaround is successful?

Do you see posts on the forum saying this is good to do?

No. It is a poor method.

Avoid if you wish to avoid limitation.
Good Luck

:nono:

I have a friend who runs stealth's. He gambles sending money between accounts. I asked him the other day about it. He told me he always does it as a personal payment and always put in the heading rent for this month, or thanks for letting me stay at your place. Repayment for loaning me money for xxx. But if you are going to receive a payment like that on a new account. You need to wait at-least 30 days from the date of sale before transferring anything. And that might not even be long enough even if they leave positive feedback. Any way you try to slice it. It is very risky. Even if you have a bank account attached trying to withdrawal that full amount of money on a new account will probably result in a PayPal limitation as well. With PayPal you have to keep reserves to cover charge backs etc. Otherwise the account is deemed high risk by the algorithms their computers run.

I would start transferring 300-500 per day. Never the same amount and always at different times but never more than once times per day. I know cuz I was in a similar problem like you. Had 3,500 in the paypal account, selling large SSD lots, and got nailed when after 1 week of transferring twice a day I got limited with 1,800 in it.

Now I just transfer 300-500 only once per day and I am done. 4 months out and never had 1 problem. 2 more months until that 1,800 is my once again.

I had someone tell me they just transferred 270.00 from a 1 month old account and it got limited.

Large sums wont work with new accounts.

First few should be under 100.00 and work your way up.

I wouldn't even think of transferring money from a new PayPal until I have like a 3 month selling history and $1000 balance. First half year of selling on eBay/PayPal they are hyper sensitive. You also must leave significant funds to cover any chargebacks, returns, eBay fees, etc. I do agree though the first transfer should be like $100 as a test run.