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-   -   Paypal verified but still have limits (https://www.aspkin.com/forums/uk-ebay-paypal/75174-paypal-verified-but-still-have-limits.html)

saud 07-10-2014 12:49 PM

Paypal verified but still have limits
 
Hi

I wonder if any of you good folks could explain this to me, i have made an ebay and paypal have paypal verified but still have limits in place £1900.

I thought if you verified with bank account this limit would be removed.

It is stealth account uk

Thank you

BiN4RY 07-10-2014 01:41 PM

Re: Paypal verified but still have limits
 
No, it doesn't work like that. The limit is always in place unless you ID verify yourself as long as providing whatever other tax information Paypal asks for.

Ebayorbust 07-10-2014 01:55 PM

Re: Paypal verified but still have limits
 
Add a bank account removes all limits apart from the receiving limit.

Docs are required to lift the receiving limit on a stealth account.

saud 07-10-2014 02:47 PM

Re: Paypal verified but still have limits
 
Well thank you for your replies, i understand now thank you :)

stevebills 07-11-2014 03:53 PM

Re: Paypal verified but still have limits
 
I think the £1900 limit is under EU anti money laundering legislation


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