2500 EUR limit calculation

[MathProfessor]

If you receive money and then spend it (or send it to someone else), does that count twice toward the 2500 EUR limit, or once?

e.g. If you receive 1400 and then transfer it elsewhere (or spend it), does that count as 1400 or 2800 ?

[@NasterXchange]

Originally Posted by tinsoldier

Its a receiving limit.

exactly its the receiving limit and not the sending limit.
Generally you will be asked to complete verification around 1800 EUR.

[MathProfessor]

Great, thanks guys, just wanted to clarify. Much appreciated.

[nigelmartin]

Just the receiving limit

[AndStill]

Just make sure you add in the pp fees in the equation if you're manually adding up each of the payments. They'll show as let's say $9 but you've technically received $10. And obviously things may get a bit tricky with the currency volatility if you get paid in $.

Does anyone know how to check the total sum of money received instead of counting each transaction one by one? I believe there was such an option but it may be hidden somewhere or completely removed.

[newstart123]

Originally Posted by MathProfessor

If you receive money and then spend it (or send it to someone else), does that count twice toward the 2500 EUR limit, or once?

e.g. If you receive 1400 and then transfer it elsewhere (or spend it), does that count as 1400 or 2800 ?

money receiving limit means that counting only the money you received. There are spending or withdrawing limits too