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Limits on 100% verified US PayPal account
 

Hello guys!
I am not an expert in US PayPal, but maybe someone knows what would be the limits of my US PayPal account, if I will verify it on 100% (link BA, CC with AVS, confirm phone & e-mail)?
I would like to know about sending/receiving/withdrawal limits, and other :)
Thank You!

Re: Limits on 100% verified US PayPal account
 

technically it has no limits

but getting close to 200&20k transactions they will ask for tax information

Re: Limits on 100% verified US PayPal account
 

Oh, I see. Thank You for sharing information. They will ask tax info or real and valid SSN?

Re: Limits on 100% verified US PayPal account
 

Either EIN or SSN and yes has to be real.

Re: Limits on 100% verified US PayPal account
 

I have a verified Canadian account that is about 5 years old but has only recently begun to see more activity. I have some questions:

1. Does the 20k/200 limit apply to Canadians? If so, will PayPal report our balance to Canada Revenue Agency?

2. Does the 20k/200 limit reset every calendar year on Jan 1st or on the date of registration?

Thanks.

Re: Limits on 100% verified US PayPal account
 

Welcome to the forums.

1. Yes, in some ways...at the limit point PP can limit asking for info to submit to CRA (Canada Revenue Agency) - PP can also limit based on PROJECTED sales rate.

2. January 1st last time I checked but I don't have the info in front of me as proof

Re: Limits on 100% verified US PayPal account
 

Just a reminder that even if you verify it to 100%, if you new, you still get the 21day holds.