Forum

Large Paypal Withdrawals
 

Hi Guys,

How much do you guys withdraw a time from paypal to your bank? If withdrawing large amounts or consistent amounts, might this raise alarms etc?

Cheers :clap:

read the forums...an old topic

been searching forums for "large withdrawals" etc cant find much

Brownlad ,

I hope you enjoy getting ripped every time you ask a question !
This seems to be the way they like to do things here.

Your answer ,
While the topic has been debated , it seems the general consensus is that you should withdraw 499$ per day max with any new account. Some suggest you always leave 100$ in the account. I think that once your account has been running in good standing for more than 6 months you can exceed this. I am not sure how many people agree with that.

hey dude thanks for that. Its not so much about paypal i was thinking about its the banks and how they might think it looks dodgey with thousands flowing through to bank accounts from paypal

never had any problems with any of my banks. Even using ⊗⊗⊗⊗ names on the paypal accounts.

the issue im talking about is high value withdrawals in your countries case i guess

on newer accounts stick to under £500 per month, I know its tough but start slow and you can slowly gauge it, never more than £200 a day, been there, bang limitation..

Brownlad ,

The last time I discussed this on the forum , I brought up the fact that daily withdrawals are only a small part of the risks you need to be aware of. Clearly monthly limits, received and withdrawn must also be taken into account. I have noticed from my own experience that going over certain monthly numbers has resulted in immediate limitation. The last time I brought this up it was not discussed , and not taken seriously.
So I think your question is fair , and I don't think people who know a little more should be so rude to you when you ask a simple question! Regarding the banking issue .. I can not comment on UK banks .. but have received significant amounts in Canadian banks with no problems.

cheers

withdrawals is a major part of why pp limits you imo,

UK banks not a problem at all.

what about received ?
must be the same ?

otherwise you could just buy more stock .. instead of withdrawing ?

just my opinion but its conveniently more ok for you to receive but when you withdraw then they like to hit you then (sounds a bit rude that sentence?)

but yes receiving is totalled up and subject to being limited too...whether you withdraw or buy

Ok .. I just remember when my ebay sales have crossed certain milestones like 10k per month or 20 k per month ... limitations have been immediate.

So I am just guessing there is something to that ..

I started withdrawing like crazy cause I was worried they were gonna mug my funds. Self fulfilling prophesy. :doh:

Activity determines what happens as jesse said. Limit yourself to small(ish) amounts and be prepared.

I resent the ripped statement. This topic is old and has been talked about over and over. No there is no "perfect" answer, but a little research on the forum, you can kind of get an educated guess as what to do. I have been on this forum for over 2 years and I have seen this topic before, and quite frankly, I get frustrated with these lazy "new" threads. They only clutter up the boards.

88angry98

aww, be nice

No Doubt, be nice and stop ripping on all the newbies....I think alot of people have lost sight of just why Aspkin created the forum in the first place.

I am more sick of the "read the forum, newbie" answers then the newbie questions.

That's because it is viewed as showing disrespect towards the other forum members by shooting basic questions out of nowhere without even putting an effort into trying to get familiar with topics that have been covered already hundred times, over and over and over again.
Every newbie is more than welcome here. After all, we were all new at one time or the other..... I have seen quite a few newbies who indeed looked around before they asked and were obviously considerate towards others. So, it's not everybody is the same. I don't think this is personal against anyone, but I know things may be taken wrong way sometimes because it's up to reader to interpret what is said here. No pun intended...........:pout:

imagine how streamlined this forum would be if people did the research first instead of asking a question that is already answered? i assume that everyone who posts here knows how to use the search function and has a 5th grade reading level at a minimum. as easy it was the newbies to google this forum, it is just as easy if not easier to search the boards for answers to their specific question(s). in fact, one of the primary rules of the forum, if not most forums, is to read first ask questions later. i don't think that simply stating the obvious "read the forums...an old topic" is being mean or nasty. i could have said a million other things to be a jerkoff.

i have been on this site since the beginning stages and to this day i still search first before asking a question. why should i expect less from a newbie???

It would be a bonus if the n00bz would stop telling the even-n00berz that they can expect to get ripped on. Ripping hardly ever happens until somebody points a finger, and it is the finger pointer that then gets targeted.

I've seen no lack of welcome to the new users and I've seen no lack of answers being provided for the b'zillionth time. Every once in a while, somebody says go search. Maybe because that particular topic has been asked about 2 dozen times that day and 1000 times in the past. Maybe certain questions have answers that can easily be found with one eye tied behind the back.

I see at least one person in this thread that could really use the search feature more often, and a little less complaining.

So, if you get ripped, consider maybe not pointing fingers (?). Hmmm?!?

Also, if somebody DOES point out that a forum search WOULD have answered the question, do a search and see if that allegation is correct. If a search WOULD have done it, then fair dinkum, and zip it. Otherwise, just answer the question yourself and call it good, with no further editorial or barbed comments.

Well, because of the clutter that evolves from multiple threads that are alike, the same newbies may be having hard times finding legit answers to their questions. I've seen it happen many times.

But I disagree with some "newbies" who get offended simply because they are directed to look around the forum a little as answers are staring right at them everywhere...And than saying something against this forum and about it's purpose makes me really wonder as who are they really?!

^^^^^^

True Dat!

Which is why I try to give at least a partial answer to get somebody pointed in the right direction, before I tell them to go search. At least give a hint how to make a better search result...

when I started this forum, this is what i thought a cookie was, Im still a newbie, because I ask questions and dont know everything. Help others

Ooompa, this is hilarious! I agree...let's all turn all into humor and not dwell over it any more. :surrender: Both sides have spoken and both sides will learn from it.... I hope! At least until next time..lol!:amen:

I am glad that Wookster shares my opinion about how boring it is reading posts ripping newbies! If newbies knew what they were doing , they would not be here asking questions! The original question is not actually a bad question , and I do not think it has been answered. I do not think anyone can say for certain what amounts are safe to withdraw per day/week/month/year .. and then how much can you receive! All this talk about how much to withdraw in 1 day seems very silly to me , because daily totals are obviously not the only thing that is important. I think that a lot of things are not discussed , because certain people here think they already know everything!
But heaven forbid if you actually ask them a question !

*ALL NEWBIES CAN FEEL FREE TO PM ME WITH ANY QUESTIONS , EVEN DUMB ONES !*

Hey Jessi, this is like pouring oil on fire.......GreenBean, we need you, It's 5am in Australia, wake up!

Just a thought ?

If you already know everything .. why bother to answer stupid questions ?

Why not just ignore it , and let other people respond?

oil on the fire ?

What are you doing ? Lighting crosses in peoples front yards ?

Common Jessi, just chill....GreeeeeeaaanBeaaaan!!!:tears: LOL!

Lyda ..

you misspelled my name twice in a row ! Thank god it is an alias !
I am just not happy that people are chased off the forum.
I really think the forum has more power if we have more of a co-operative theme.
I am sorry if it sounds like socialism ..

Jesseinkaron, sorry but I am just being lazy, that's all..:pop2::behindsofa:

I don't like to hear people ragging on new peps, but, I was on this site reading for months before I started to post. The basic answers are all in here somewhere, although sometimes I need an elaboration on a detail to a preexisting question. Plus it's good to know the forum populous, who the goto guys are, and who to avoid get preached at by.

really guys.... if it was a perfect world and everyone just researched the info that is already available. what would we do all day??

Hi everyone, I'm a nubie and I hate to ask questions hear too. I think its mostly cause the seasoned sellers don't want to give up to much of their tricks cause of the trial and error and much research it takes to get it and keep it all usable. We all know that there are ebay rats all around us trying to brown up to the boss the next morning with stuff they found out hear. You have to read alot and decifer what is being said between the lines of the info thats generated hear.

Ebaykilla and Lyda are correct with their own words and thoughts. As a "newbie" myself, I do my research and continuously look over the forum with effort, but do at times find my self asking a basic questions, but no matter what, and even if a member may feel reluctent or PO'd to answer my question(s)...I have never been shot down or disrespected here on the forum. Now for the answers I do recieve, I may print them off and place them in my binder in accordance to the subject matter. It helps and eliminates REPEAT QUESTIONS!
Stay organized....just like the Forum says.
However for Jesseinkaren, that is not how things are done around here. You DO NOT get ripped for every question asked here on the forum. I have always been given an honest and quick reply even with the most basic of questions. Constructive criticism and answers....it's up to you how you interpret it.
So to give "brownlad" a reply to his/her question I will briefly tell of my experience:

With a legitimate (all truthfull when registering) U.S. Paypal account since 2003, I can say for myself that you transfer up to $9,999 per week. I have done this and have never been 'limited'. As far as your bank goes, then the safe thing to do is call them and ask if they have a Paypal policy of some sort. I can tell you here in the U.S. that anything over $10,000, they will report to the IRS. Uncle Sam WILL get his share after that. Otherwise, for years I have never had a problem. But how that works in the UK, I have no idea.
Now by creating a Stealth account I am learning that I need to make an almost complete withdraw, so I take NO chances on being limited.
And lastly, please read the forum over and over...and if you have a simple/basic question about a topic, then ask. The members on here know their stuff and at the end of the day we ALL recieve the answers and and help we came here for.
Good Day!

Well said. Class and clarity.

when your accounts FRESH you need to keep it under 500 a month - after that first month then you can go a little faster but after about 2k they will start asking for social ect - after that then you are judge on the percent of chargeback/disputes/refunds to total sales - If they think your "HIGH RISK" than they will cut you off completely - even if you ship everything on time!!!!

Suck but in 2009 this is what Paypal / eBay has become - IF YOUR "HIGH RISK" the cut you off . . . and there isn't anything you can do about it besides make a new account and email your old customers and tell them to follow you elsewere

Waterproof ..

you need to wipe the brown stuff off your nose !