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-   -   PayPal After Going Above EU Receiving Limit (https://www.aspkin.com/forums/uk-ebay-paypal/116038-paypal-after-going-above-eu-receiving-limit.html)

Urinbits 03-16-2018 03:13 AM

PayPal After Going Above EU Receiving Limit
 
What happens when my business UK PayPal goes above the 2,500 euro limit? I have a VCC attached to it but they want ID and proof of address. If I leave it for a while and don't submit docs will that mean that nobody can pay for my product on ebay using paypal once I reach 2,500 or will I still be able to receive money in?

JamesNorth101 03-16-2018 03:37 AM

Re: PayPal After Going Above EU Receiving Limit
 
You can still receive money into the account

Urinbits 03-16-2018 03:40 AM

Re: PayPal After Going Above EU Receiving Limit
 
Ah thanks. Less of a sweat now so :)

Ebayorbust 03-16-2018 03:55 AM

Re: PayPal After Going Above EU Receiving Limit
 
Quote:

Originally Posted by Urinbits (Post 907943)
What happens when my business UK PayPal goes above the 2,500 euro limit? I have a VCC attached to it but they want ID and proof of address. If I leave it for a while and don't submit docs will that mean that nobody can pay for my product on ebay using paypal once I reach 2,500 or will I still be able to receive money in?

You really do not want to be doing that.

It's a really bad idea to leave large amounts of money in a stealth Paypal account. If the documents are rejected, there is a significant chance that you won't see any of the balance again.

Urinbits 03-16-2018 04:12 AM

Re: PayPal After Going Above EU Receiving Limit
 
Quote:

Originally Posted by Ebayorbust (Post 907952)
You really do not want to be doing that.

It's a really bad idea to leave large amounts of money in a stealth Paypal account. If the documents are rejected, there is a significant chance that you won't see any of the balance again.

Yeah I understand.
@JamesNorth101 - can you check your PMs?

When I go to the resolution center though I still see green ticks beside being able to receive and send money though so I assume I can do all that up to the point of reaching 2,500 as it might be further restricted then??

Ebayorbust 03-16-2018 04:17 AM

Re: PayPal After Going Above EU Receiving Limit
 
You will still be able to withdraw up until you receive 2500 euro (NOT GBP).

As soon as you exceed 2500 euro you will not be able to withdraw and the balance in there will be at Paypal's mercy.

Urinbits 03-16-2018 04:18 AM

Re: PayPal After Going Above EU Receiving Limit
 
Quote:

Originally Posted by Ebayorbust (Post 907959)
You will still be able to withdraw up until you receive 2500 euro (NOT GBP).

As soon as you exceed 2500 euro you will not be able to withdraw and the balance in there will be at Paypal's mercy.

Understood. Appreciate the response.

rsot 03-16-2018 06:10 AM

Re: PayPal After Going Above EU Receiving Limit
 
Quote:

Originally Posted by Urinbits (Post 907960)
Understood. Appreciate the response.

Make numerous stealth accounts and spread the sales


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