Forum

When to Withdrawal Funds from Paypal!
 

ok... i purchased a couple pp accts from this site..... thanks a billion

Currently Im accepting payments.... I want to withdrawal funds to my bank acct...I was wondering how long I should wait to do so? .....

Im using all **** info on pp acct..... What Im I asking is will my pp acct go limited after one withdrawal to my bank account?

What do you guys think?

One withdrawal CAN get you limited if you are careless, for sure. But all is not lost!

In regard to withdrawals, I think it would be reasonable to begin removing funds 48 hours after they come in, but for fairly new users, keep the initial amounts low around $100 to maybe $150 and keep them at least 24 hours apart.

Example: You get 600 in funds over the last couple days paid in. You take out 100 then 24-36 hours you take out 135 then 24-36 hours take out 90 and so on. Don't try to get 600 in one go or even 250. Don't try 100 twice only 18 hours apart.

As you conduct more transactions you can gradually increase the amount of your withdrawals. It is somewhat based on account age, but also volume of business over a span of time. If your account is 4 years old and only received two small payments ever, then last week you do phenomenally well, the 4 years age won't allow you to take out 500 at once. Conversely, as 6 month old steady account at 800 income per month can in fact take out 400 at a time without much risk of hassle.

It is very subjective and no 100% perfect rule. Things change from day to day and PP staffer to PP staffer. Keep it sane and smart, you should be fine.

Thing is, you will get limited automatically and sorta soon, if your account is new. It's standard proceedure. If and when it happens, don't flip out or get angry with them. Be calm, reasonable, and professional. All will come clean in the wash.

from your own experience... how many times have you withdrawn from pp before it went limited?

Well, back when I was a n00b, it was maybe 90 days before I accidentally discovered how to be stupid.

In the past 10 years, I have not been limited for any action on my part. I maybe play it too safe and could be a bit more adventurous. Keep in mind that my accounts have longevity and are LLC registered. So I almost definitely have more leeway than any personal or standard business account.

When answering or advising people on (for example) withdrawing money, I do consider the type of account and the age among other factors. I don't base answers for you guys on my own ability. I try to give reasonable answers that fit the asker.

^^^ 'Course you know that the OP has attached a new paypal account to an ebay account that had its original paypal account limited for high risk and unordinary activity?

But since the OP said that somewhere else, maybe time got wasted even though you tried to help there? I tried to help there. Makes me wonder:rolleyes:

http://www.aspkin.com/forums/paypal-...y-account.html

You are almost definitely right on target.

But

I chose to answer the question that was asked, based solely on the way it was asked and only taking into account the details included in that post. The question might have been hypothetical? Maybe the OP lost their first try at stealth and needs practice and is trying to be smart by learning how NOT to make the same mistake again? Maybe my time is wasted today, but next week we might discover the first n00b to ever use the search box and by coincidence the n00b might need an answer to this exact question.

Besides, I'm bored. I can surf the forum or rob gas stations. One might get me arrested, the other WILL.

subliminal arent we? ....