PayPal friends and family US

[elite91]

Hello,

Does anyone from the US can share his experience on the limit on receiving ff and family payments also the pros and cons.

Looking to get a stealth account for crypto exchange.

Any info is much appreciate.

Thank You

[JamesNorth101]

Pro - used to have no fees. It does now though

Con - gets your account shut down pretty fast if you abuse it

[elite91]

what is the abuse like ?

is more than 500 USD a day, can raise alarm ?

[Ebayorbust]

Do you have SSN / EIN to add to the account? You will need one to do any kind of serious money on a US account.

I would reckon that kind of amount receivng and sending f&f daily would cause issues sooner rather than later. I'm sure someone will come along and say otherwise though.

[rsot]

Originally Posted by elite91

what is the abuse like ?

is more than 500 USD a day, can raise alarm ?

Even lower - ppl have had issues with as little as 100 - hit and miss

[elite91]

I did end up using UK account and lifted limits with the stealth bank account

[Luminary]

If you're looking to use it to exchange often, I would use a couple of stealths to rotate using F&F.

[SaiJin]

Originally Posted by JamesNorth101

Pro - used to have no fees. It does now though

Con - gets your account shut down pretty fast if you abuse it

And everyone abuses it....

Nothing good lasts forever because humans are meh

[rsot]

Originally Posted by Luminary

If you're looking to use it to exchange often, I would use a couple of stealths to rotate using F&F.

Have to tread carefully

[NotAnothereBayUser]

Look into your local AML laws, this is what paypal et al. have to conform to.

Business can be better sometimes.