Forum

How much can i most withdraw a day from PP?
 

I have about 4K balance on paypal.

Currently I get around £700-800 a day on paypal through ebay sales.
I withdraw £250 without a problem.

However, I do need the funds quicker and want keep paypal balance lesser .so thinking about withdrawing up to £500 a day. Is it a good amount to withdraw?

Several factors will play a role:

1.Age of the Paypal
2. Any holds?
3. Fully Verified?

I personally believe that if the account is in good standing for over 2-3 months you might be able to do higher withdrawls.

I would also recommend increasing the withdrawals slowly, so do $350 then the next do $450, ect.

The account is about 6 months old now,
It is fully verified, but since 2 months now there is a hold of 10% reserve on every sale for 60 days. ( released every 60 days). This is my pending balance of about £1700 now.

Wish I could help you more but I take around an equivalent of about 2 days of your takings in a month!!!

Good luck to you though, its a problem I wouldn't mind having!!

Did paypal indicate how long the rolling reserve was going to stay?

Before you change your withdrawal patterns, you might want to check with them.

I would not risk being without your own funds because paypal restrict you.

:peace:

So you receive 800 a day but only withdraw 250.

550 stays in the account x 30 days = big problems with having too much money in PP.

I would try and withdraw every two days and keep increasing the amount by 50 until you get to 500+/- and see what happens.

Take too much and they limit your account, withdraw too little and eventually you have way too much money in PP then account gets frozen.

Any way of spreading that money around via different PP accounts?

My rolling reserve will be reviewed in 6 months if they want to decide to stop it or change it to a lesser period.

I do have 2 other stealths paypals with bank accounts attached, but im worried about transferring money into them as this might cause linkage?

OMG :smash:

Why would you even contemplate that?

Just being careful.

It will open your accounts up to being linked.

Worse, it DOES link accounts.

:pout: