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Old 05-25-2015
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Default Withdrawal safety amount on stealth acct?

SA is 6 weeks old. EB limits 10/$1000

Sold 3 things, withdrew $20 about 2 weeks ago, everything was fine
Just sold an item $350...what is the safety max and frequency of withdrawing this amount to my bank acct?
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Old 05-25-2015
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Default Re: Withdrawal safety amount on stealth acct?

No, let the $350 sit for a few days longer than the date of release....So if the money clears on Monday, take "SOME" of it out on Thursday, then wait a day or two and take out the rest. You have to gradually get to the point where you can withdraw all the funds at once.
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Default Re: Withdrawal safety amount on stealth acct?

Quote:
Originally Posted by MM78 View Post
No, let the $350 sit for a few days longer than the date of release....So if the money clears on Monday, take "SOME" of it out on Thursday, then wait a day or two and take out the rest. You have to gradually get to the point where you can withdraw all the funds at once.
That's what i was thinking. Just wanted to confirm

thx
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Old 05-25-2015
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Default Re: Withdrawal safety amount on stealth acct?

Just a piece of advice for when your account has matured.

Once all of your holds are lifted, you have positive feedbacks and the account has been open for a couple of months, you should regularly withdraw from your account. I only leave enough in to cover potential returns and any eBay fees and eBay application fees. That way, if your account goes down, they won't be able to hold onto a large chunk of your money for 180 days. I'd much rather have $200 sitting in my PayPal account if it goes down than $2,000 sitting there.
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Old 05-26-2015
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Default Re: Withdrawal safety amount on stealth acct?

It also really has to do with the norm for that account if you always take out $500 every week then it will become the norm but if you take out 5 bucks every week usually then all of a sudden you take out $800 it might cause an issue
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Default Re: Withdrawal safety amount on stealth acct?

Withdrawing this amount too quickly will cause problems. Slow and steady and small increments work well.
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