Forum

Withdrawals over 1k
 

I keep my Paypal withdrawals to my bank acccount under 1K to prevent any red flags. I was wonder if making a withdrawal over 1k to my bank account would arouse any suspension from Paypal??

Re: Withdrawals over 1k
 

Generally speaking, the larger the amount of money involved, the more likely they are to take a closer look at you. But if you have built it up over time, then a $1,000 withdrawal is not necessarily going to hurt you. You want consistency with PayPal. People get flagged when there are huge spikes in sales or withdrawals. There is no specific dollar amount that will trigger a review.

Re: Withdrawals over 1k
 

I seldom ever pull out that much at one time myself.

I spread it out over a few days if I have to.

Re: Withdrawals over 1k
 

Have to have a secure account to do amounts over $500 imo

Re: Withdrawals over 1k
 

yeah it's definitely worth taking it out a bit at a time. I usually don't withdraw everything account either

Re: Withdrawals over 1k
 

@GOGETER10, if your model isnt broken do NOT fix it - keep going slowly...anything is POSSIBLE with pp

Re: Withdrawals over 1k
 

From my experience, the habits you establish on an account is the biggest factor. If your use to withdrawing 50 bucks once a week and then go to withdraw $1000 at one time you'll probably get limited. But I have certain accounts that I always withdraw large payments from without issues. But again should only do that on established accounts.

Re: Withdrawals over 1k
 

Lots of factors. If you have 1k in your account and withdrawal 1k then yea it is rally suspicious. If you have 3k in your account and withdrawal 1k then no big deal. It is all proportional for good standing with PayPal always leave a big reserve to cover any potential eBay fees, charge-backs etc.

I always compare the funds you leave in your account to a security deposit for PayPal. The more you have there relative to your activity the less likely PayPal is going to look at your trying to pull a fast one.

Re: Withdrawals over 1k
 

I also agree that keep 3-4x the average sale in the PP account helps to avoid looking like you are running with the money

Re: Withdrawals over 1k
 

On my big accounts I may pull $1000 a day but it will be in increments of $150, $200, 250, it just depends on how much u have coming in during a day, for me to take $1000 I'd make $2000 that day , I only leave enough for fees and couple returns and never had problems with Paypal.

You need to go with the flow and make logical withdrawals on what u need in Paypal to operate your business once u get a feel for that u will know what to withdrawal and how much

If you feel ur doing something wrong than u probably are