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-   -   20k 200 transactions EU Limit? (https://www.aspkin.com/forums/paypal-talk/136549-20k-200-transactions-eu-limit.html)

Evofox 05-26-2020 05:59 PM

20k 200 transactions EU Limit?
 
Hi guys, all the posts I saw in this forum talking about the PayPal 20k 200 transactions limit are from people in the United States.. I don't understand what happens if accounts from the EU will reach that limit.. Who knows anything?

slokor 05-26-2020 06:58 PM

Re: 20k 200 transactions EU Limit?
 
EU accounts have other limits. Research to find out what those are.

Evofox 05-26-2020 07:14 PM

Re: 20k 200 transactions EU Limit?
 
Quote:

Originally Posted by slokor (Post 1096107)
EU accounts have other limits. Research to find out what those are.

I am searching but I can't find any info [emoji52]

Koloko1 05-26-2020 08:30 PM

Re: 20k 200 transactions EU Limit?
 
its 2.5k euros/year on EU, when you reach around 2k euros on sales , they will ask for ID and proof of adress docs

Evofox 05-27-2020 06:16 AM

Re: 20k 200 transactions EU Limit?
 
Quote:

Originally Posted by Koloko1 (Post 1096123)
its 2.5k euros/year on EU, when you reach around 2k euros on sales , they will ask for ID and proof of adress docs

I am talking after that, when you do over 20k of sales and 200 transactions in a year

phaz0rz 05-27-2020 06:48 AM

Re: 20k 200 transactions EU Limit?
 
An IRS regulation has no bearing at all on Euro accounts.

The 20k reporting requirement is mandated by the IRS and only applies to American accounts.

Evofox 05-27-2020 10:38 AM

Re: 20k 200 transactions EU Limit?
 
Quote:

Originally Posted by phaz0rz (Post 1096208)
An IRS regulation has no bearing at all on Euro accounts.

The 20k reporting requirement is mandated by the IRS and only applies to American accounts.

are you talking from experience? have you ever had an EU account pass the 20k 200 limit?

phaz0rz 05-27-2020 10:58 AM

Re: 20k 200 transactions EU Limit?
 
:doh:

I'm telling you the implications of this IRS regulation. It's an American regulation which applies to American accounts.

I have experience with non-American Paypals, but not European ones.

LazyNick981 05-27-2020 09:42 PM

Re: 20k 200 transactions EU Limit?
 
200/25k limit maybe

paul0428 06-05-2020 07:44 AM

Re: 20k 200 transactions EU Limit?
 
No limit to eu account after you suply the dokoment after 2500 Euro and that is it.

Evofox 06-05-2020 12:23 PM

Re: 20k 200 transactions EU Limit?
 
Quote:

Originally Posted by paul0428 (Post 1097976)
No limit to eu account after you suply the dokoment after 2500 Euro and that is it.

you have an account that got over 20k and 200 transactions in less than a year?

Bigblackdog 06-05-2020 03:26 PM

Re: 20k 200 transactions EU Limit?
 
Quote:

Originally Posted by Evofox (Post 1098007)
you have an account that got over 20k and 200 transactions in less than a year?

How many times do you need to be told? Clever people have told you - I'm not clever but THERE IS NO F*****G SUCH THING OR LIMITS ON EU ACCOUNTS - IT'S A USA THING

I do hope that puts your mind at rest and enables you to carry on with life

Evofox 06-05-2020 03:50 PM

Re: 20k 200 transactions EU Limit?
 
Quote:

Originally Posted by Bigblackdog (Post 1098033)
How many times do you need to be told? Clever people have told you - I'm not clever but THERE IS NO F*****G SUCH THING OR LIMITS ON EU ACCOUNTS - IT'S A USA THING



I do hope that puts your mind at rest and enables you to carry on with life

I got asked for some documents by PayPal after reaching 20k and 200 transactions this year on my EU account.
I'm trying to understand if it was a coincidence or if they always ask for it after passing that limit.

I don't know who you are, nobody was talking with you or asked you about anything [emoji848]

Bigblackdog 06-05-2020 04:14 PM

Re: 20k 200 transactions EU Limit?
 
Quote:

Originally Posted by Evofox (Post 1098036)
I got asked for some documents by PayPal after reaching 20k and 200 transactions this year on my EU account.
I'm trying to understand if it was a coincidence or if they always ask for it after passing that limit.

I don't know who you are, nobody was talking with you or asked you about anything [emoji848]

OK Maestro - ignore everything you have been told - good luck

Evofox 06-05-2020 04:52 PM

Re: 20k 200 transactions EU Limit?
 
I hope it was a coincidence then, I don't take for granted every word that people tell me in this forum, I wanted to make sure it was a coincidence. Some people here talk a lot but do much less.

Evofox 06-05-2020 05:44 PM

Re: 20k 200 transactions EU Limit?
 
Quote:

Originally Posted by tinsoldier (Post 1098057)
Read back over your earlier posts, you've gone from fishing for no existent policy in your first post to telling us that you have apparently already been approached by paypal.



I dont think you've got a clue what you're talking about but I'll play along, what documents did they ask for and why? A screenshot would clarify.

lol ok whatever, I was trying to gather info because I already passed 20k and 200 transactions and after that I got asked for docs from them to make sure I am not doing money laundry.

But I want info from serious people not from people that can't even do 20k a year with one account, just making sure is a coincidence.


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