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Old 05-08-2019
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Question PayPal receiving limits...how does it work?

Hi all,

Looking to purchase an eBay and verified PayPal account but...When it states it is verified what does this actually mean? I have set up a stealth acct using a friends details so had access to bank account info and ID but just not sure how this would work with a bought acct?

Thanks in advance.
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Old 05-08-2019
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Default Re: PayPal receiving limits...how does it work?

When you buy an account on here the account seller either attached a VCC or a VBA which one or the other is necessary to receive funds to fully verify your Paypal you will need 2 out of the 3 of these options VCC, bank account or SSN
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Default Re: PayPal receiving limits...how does it work?

Verified just means you can sell on it, send and receive money. There are no sending or receiving limits (other than the EU limits)
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Default Re: PayPal receiving limits...how does it work?

There will still be limits until you add your bank account to the paypal
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Default Re: PayPal receiving limits...how does it work?

hi, noob here, just to be straight if i bought an ebay + pp acct with a vcc attached. the vcc account is then mine and i can immediately use it to withdraw funds from pp to the vcc. then i can transfer the funds from the vcc to my own bank acct. is this correct?

if so, is there any potential problems that could come up that i would need to watch out for?


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Default Re: PayPal receiving limits...how does it work?

Quote:
Originally Posted by TonyTucker View Post
hi, noob here, just to be straight if i bought an ebay + pp acct with a vcc attached. the vcc account is then mine and i can immediately use it to withdraw funds from pp to the vcc. then i can transfer the funds from the vcc to my own bank acct. is this correct?

if so, is there any potential problems that could come up that i would need to watch out for?


.
If youíre in the UK like your forum flag suggests then no thatís not correct. You need to withdraw funds from your PayPal into a bank account that hasn't previously been used with PayPal.
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Default Re: PayPal receiving limits...how does it work?

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Originally Posted by jas View Post
If youíre in the UK like your forum flag suggests then no thatís not correct. You need to withdraw funds from your PayPal into a bank account that hasn't previously been used with PayPal.
ok, so what's the point of the vcc if i'm still going to have to open a new bank account anyway?


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