How to withdraw large paypal payments safely?

[AKasper]

Hi, I recently had one of my pp accounts permanently limited for trying to withdraw a large payment into my bank account from my pp account. My fault really, I tried to withdraw all of the money before providing tracking info and a day after receiving the payment.
My question is how can I try to avoid this happening again? Is it best to wait until the buyer has the item and then left feedback? Or try to withdraw the money in smaller chunks? I would like to receive larger payments again without the risk of getting my account limited.
Thanks!

[they_screwed_me_too]

there are too may variables and ifs and whys here

some more information might help us see it clearly

permanently limited ?

what was the reason they gave you ? an email copy may also help

did they ask or did you send documents ?

how old was the ebay / pp ?

how much cash are we talking ?

good selling history ?

item types sold ?

[imjustme]

Large withdrawals are never safe. That's why you sell on as many accounts as possible, so that you can make many small withdrawals and stay under the radar.

[AKasper]

Originally Posted by they_screwed_me_too

there are too may variables and ifs and whys here

some more information might help us see it clearly

permanently limited ?

what was the reason they gave you ? an email copy may also help

did they ask or did you send documents ?

how old was the ebay / pp ?

how much cash are we talking ?

good selling history ?

item types sold ?

This was the message i received...

"For the safety and security of the PayPal network, we often review accounts
for potential risks. After reviewing your account, we have decided to close
it because of security issues.

Important information:

We regret to inform you that we’re initiating the closure of your PayPal
account because of certain activity that took place relating to your
account. This measure is necessary to protect us from potential financial
losses.

In addition, your related eBay account will remain closed due to this
current PayPal action"


Yes, it is permanently limited. They accepted all of the info that was requested (ID, supplier contact info, etc), and told me all i needed was to submit the 'proof of delivery' and when i supplied it them they limited my account, no specific reason why other than that I am a risk (no disputes or chargebacks).
The pp and ebay account is about 1 year old. Not much feedback, 10 i think, however had no problems with it. I tried to withdraw 4.8 k in pounds.
30 minutes after withdrawing money to my bank they reversed the withdrawal and limited me...

[AKasper]

Originally Posted by imjustme

Large withdrawals are never safe. That's why you sell on as many accounts as possible, so that you can make many small withdrawals and stay under the radar.

Hi...Yes but what do you do if the payment has come as one payment? Only 1 item was sold therefore i could not split it over numerous accounts :/

[imjustme]

If I get $2000 in 1 payment, I withdraw small amounts, say $100 or $150 every few days, even if it takes me a month. Never the full $2000 at once.

[slim jim]

you must build up accounts so that they can see activity and 'trust' you. i never withdraw before the item is delivered and even then i wait a few days.

[AKasper]

Originally Posted by imjustme

If I get $2000 in 1 payment, I withdraw small amounts, say $100 or $150 every few days, even if it takes me a month. Never the full $2000 at once.

OK I understand, thanks for your advice... But isn't that also suspicious, withdrawing small amounts all the time?

[MM78]

If withdrawing small amounts were risky you would not have been given the advice to do it that way.

[GreenBean]

Originally Posted by AKasper

Hi...Yes but what do you do if the payment has come as one payment? Only 1 item was sold therefore i could not split it over numerous accounts :/

It upsets me when users come to the forum after paypal slapped a permanent limit on an account.

Always better to ask B4 doing something & ending up with this sad result.

Try to have a balance of funds in your account at all times.

Withdraw small amounts over a period.

Never present paypal with an image that there is anything 'strange' about the account.

Where the transaction relates to ebay, try to ensure tracking is updated & item delivered. Then proceed as above.

Good Luck

[ust0]

$199 each withdraw... 2-3 times a weeks.. still work fine for me

Sent from my Lenovo S880

[rsot]

Always good to make backup accounts and spread sales

[AKasper]

Originally Posted by GreenBean™

It upsets me when users come to the forum after paypal slapped a permanent limit on an account.

Always better to ask B4 doing something & ending up with this sad result.

Try to have a balance of funds in your account at all times.

Withdraw small amounts over a period.

Never present paypal with an image that there is anything 'strange' about the account.

Where the transaction relates to ebay, try to ensure tracking is updated & item delivered. Then proceed as above.

Good Luck

I know, I guess I was just eager to get the money out and never thought PP had the ability to reverse a withdrawal...ah well you live and learn

[AKasper]

Originally Posted by MM78

If withdrawing small amounts were risky you would not have been given the advice to do it that way.

...Touche!

[GreenBean]

Originally Posted by AKasper

I know, I guess I was just eager to get the money out and never thought PP had the ability to reverse a withdrawal...ah well you live and learn

Make yourself a new golden rule:

Never ever trust paypal.

Only trust one should have in paypal is that there will be something done to stuff us (badly, the bar stewards)

[AKasper]

Originally Posted by GreenBean™

Make yourself a new golden rule:

Never ever trust paypal.

Only trust one should have in paypal is that there will be something done to stuff us (badly, the bar stewards)

Never ever ever ever ever trust paypal...got it!

[Callidus]

Withdrawing large amounts on either new / old accounts could either make or break you... most probably the latter!

Easy does it.... small withdrawals will gain trust with PayPal however make sure NOT to empty the account. I leave roughly 10-15% of the total turnover from that week in there.

[Elijah]

I withdraw 80% each time... so if I have 500 in there, I will do a withdrawal of 400, then a minute later one for 80, then a minute later one for 16 but then to "build the trust up" I leave the last 4 lol...

[Play]

Originally Posted by gray_universe

what was the reason they gave you ?

2012 Thread.

Akasper Last Activity: 08-19-2016

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